Fortive beats Q3 earnings estimates, raises full-year outlook

Fortive Corporation exceeded Q3 earnings expectations and raised full-year guidance, reporting $1.54 billion in revenue and plans for separation into two companies by 2025.

Mizuho adds 2 new stocks to its Top Picks list

Fortive to spin off Precision Technologies, focus on growth

Fortive Corp plans a tax-free spin-off of its Precision Technologies segment, creating two firms focused on growth, recurring revenue, and strategic capital allocation while ensuring leadership transitions.

After-hours movers: HPE, Topgolf Callaway, Fortive and more

Stock movers after hours included increases for Yext and Topgolf, while losses were seen for C3 AI and Verint Systems.