, Columnist
Danaher Got the Job Done, Now What?
Acquisitions combined with selective asset sales could help the conglomerate keep up its winning streak.
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How to operate an industrial conglomerate: Step one, copy whatever Danaher is doing. Step two, repeat.
The $66 billion maker of everything from dental equipment to water-filtration technology (with one of the lesser-known names outside its circles) increased its 2016 profit guidance on Thursday after surpassing analysts' first-quarter estimates for earnings per share, revenue, margins -- essentially everything. The stock climbed as much as 2.7 percent in response, at one point touching the highest price in Danaher's more than 30 years as a public company.