DHR

Danaher Corp

Trading Strategies

Why Testing Is the Best Treatment for the Market and Economy

It's clear the next stage of coronavirus coverage is going to focus on testing.

Testing for COVID-19 is the crucial step toward protecting healthcare workers, meat packers, checkout clerks, and other frontline workers.

It's an essential component in all of the many plans for how to restart our economy.

It's something we desperately need much more of as a nation.

Unfortunately, it's also something that we, as a nation, have done a poor job of at many stages during this pandemic.

Maybe it's only to be expected, then, that there's a lot of confusion around "testing" – what it is, what it could do for us, why we still don't have enough of it, and so on.

But as America continues to "reopen," it's a big factor in keeping us from shutting down again. So let's clear up some testing misconceptions today – and look at two great stock recovery plays at the same time… Full Story

But as America continues to "reopen," it's a big factor in keeping us from shutting down again. So let's clear up some testing misconceptions today - and look at two great stock recovery plays at the same time...

Trading Strategies

What I Need to See from General Electric's New CEO

On my desk in my office here at Money Map Press is a yellowed newspaper clipping from mid-November 1997 – a Page 1A story featuring my byline.

I've kept this clipping for all these years because it was the last big "scoop" that I got for Gannett Newspapers in Rochester – right before I left for a job here in Baltimore.

I'd been covering the corporate flailing of the once-great Eastman Kodak for nearly five years – a journalistic vision quest that took me from Upstate New York to Silicon Valley, Hollywood, Japan, and even China.

The story that I broke that November was about a soon-to-be-announced corporate "restructuring" – a $1 billion, 10,000-layoff cost-cutting plan that Kodak was planning to share with Wall Streeters at a New York "event" the following Tuesday.

I didn't realize it at the time, but what I'd really written… was Kodak's epitaph.

The company's prospects had seemed much better four years earlier, after a huge shake-up at the top.

I still remember that brighter moment, when I was seated in the executive offices on the top floor of Kodak Tower in Rochester, N.Y.

Across the conference table from me was George M.C. Fisher, Kodak's just-appointed CEO and a vaunted "fix it" guy who was the first-ever outsider to lead the company.

I was there to interview Fisher. The topic on the table: the film giant's possible turnaround.

I was sitting in the room with a very shrewd executive, brought in from "outside" to right the ship...

stocks

General Electric's New CEO Is a Canary in a Coal Mine for GE Stock

On Monday (Oct. 1), General Electric Co. (NYSE: GE) announced that company CEO John Flannery would be stepping down, ending his brief, yearlong tenure at the helm of one of America's most recognizable brands.

Excitement over Flannery's replacement, former Danaher Corp. (NYSE: DHR) CEO Larry Culp, pushed GE's ailing stock up as much as 15%, indicating that investors have confidence in Culp's ability to stem the company's historic decline...