Market Currents

• Wednesday, September 2, 2009

• 09:05 AM Danaher (DHR) simultaneously announces plans to cut 3,300 jobs and close 30 facilities as part of its restructuring program, and agrees to buy MDS' (MDZ +28%) analytical-technologies business and a 50% stake in a JV for $650M. Comment!
• 09:00 AM Premarket gainers: VG +40%. MDZ +28%. PPHM +20%. BBI +10%. PAY +8%. AIB +4%.
  Losers: RZ -18%. DHT -16%. FNM -16%. BONU -9%. FRE -9%. ALU -9%. HOLX -6%. AIG -6%. PMI -5%. NVAX -5%. STM -4%. TSEM -4%. Comment!