Danaher (NYSE:DHR) announced on Wednesday that it plans to axquire Keithly Instruments (KEI) for $21.60 per share.
Keithley manufactures a wide range of electronic instruments and the acquisition will boost Danaher's position in the test and measurement industry.
Shares of Kethley are higher by over seventy percent.
Thor Industries (NYSE:THO) shares got a boost on Wednesday following news that the recreational vehicle maker reported better than expected earnings and sharply higher revenue for the fiscal fourth quarter. Net income rose 64 percent to $40.6 million, or 78 cents per share, and revenue climbed 51 percent to $663.8 million from $440.9 million a year ago.
Shares are higher by over fourteen percent.
LG Display (NYSE:LPL) is trading higher today after a Morgan Stanley analyst upgraded the stock and was optimistic about future demand for LCD panels.
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