Pompano Beach, FL -- (SBWIRE) -- 10/18/2012 -- Danaher Corporation (NYSE:DHR) is currently trading at $53.76, 4.17% lower. The company said net income for the period ended Sept. 28 was $548.7 million, or 77 cents a share, compared with $523.4 million, or 73 cents a share, for the same period a year ago. Sales for the Washington-based maker of medical products were $4.42 billion against last year’s $4.45 billion.
Analysts polled by FactSeth had expected the company to earn 83 cents a share on sales of $4.57 billion.
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Prudential Financial Inc (NYSE:PRU) added 1.54% to $59.84. Verizon Communications Inc. plans to transfer about $7.5 billion in management pension plan obligations to Prudential. Under the agreement, Verizon will purchase a group annuity contract from Prudential Insurance Co. of America, which will then assume responsibility for making payments to certain Verizon management retirees.
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eBay Inc (NASDAQ:EBAY) jumped 4% to $50.13. The company late Wednesday forecast fourth-quarter earnings, excluding one-time items, of 66 cents to 69 cents a share, on sales of $3.85 billion to $4 billion.
Analysts surveyed by FactSet had been forecasting earnings of 68 cents a share on $3.94 billion in sales.
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WESCO International, Inc. (NYSE:WCC) among the gainers and the stock rallied 12.38% to $64.25 after the company reported third-quarter earnings of $1.25 a share, up from $1.11 a share in the same quarter a year earlier. Analysts had projected the company to report quarterly earnings of $1.24 a share.
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