SPX Corporation (SPXC) News

SPX Corporation (SPXC): $58.80

-0.21 (-0.36%)

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SPXC News Highlights

  • 500 - Internal server error
  • Over the past 11 days, the trend for SPXC's stories per day has been choppy and unclear. It has oscillated between 1 and 5.
  • GE, DE and DECK are the most mentioned tickers in articles about SPXC.

Latest SPXC News From Around the Web

Below are the latest news stories about Spx Corp that investors may wish to consider to help them evaluate SPXC as an investment opportunity.

SPX (SPX) Divestiture of Transformers Business & Strategic Update - Presentation

The following slide deck was published by SPX Corporation in conjunction with this event....

SA Transcripts on Seeking Alpha | June 11, 2021

General Electric (GE) & Xignux's JV Unit to Buy SPX Transformer

A subsidiary of a joint venture between General Electric (GE) and Xignux enters into a deal with SPX Corporation to buy SPX Transformer Solutions business.

Yahoo | June 10, 2021

SPX Corp. to sell Transformer Solutions sub for $645 million to GE-Prolec

SPX Corp. announced Wednesday an agreement to sell its SPX Transformer Solutions Inc. subsidiary for $645 million in cash to GE-Prolec Transformers. The deal is expected to close during the second half of 2021. GE-Prolec is subsidiary of a joint venture between General Electric Co. and Xignux S.A. de C.V. "As a key provider of high-quality, sustainable solutions for the delivery of electrical energy, Prolec GE is an excellent fit to lead the next phase of growth and value for SPX Transformer Solutions'' customers and employees alike," said SPX Chief Executive Gene Lowe. The HVAC and detection and measurement company also updated its 2021 financial guidance for the anticipated sale of Transformer Solutions. Adjusted earnings per share is now expected to be $2.17 to $2.37, down from a pre...

MarketWatch | June 9, 2021

SPX To Sell SPX Transformer Solutions To GE-Prolec Transformers For $645 Mln Cash

FAIRFIELD (dpa-AFX) - SPX Corp. announced Wednesday that it has entered into a binding agreement to sell 100% of the issued and outstanding stock of its wholly-owned subsidiary, SPX Transformer So

FinanzNachrichten | June 9, 2021

SPX To Sell SPX Transformer Solutions To GE-Prolec Transformers For $645 Mln Cash - Quick Facts

(RTTNews) - SPX Corp. announced Wednesday that it has entered into a binding agreement to sell 100% of the issued and outstanding stock of its wholly-owned subsidiary, SPX Transformer Solutions, Inc., to GE-Prolec Transformers, Inc., a subsidiary of a joint venture between General Electric Co. (GE) and Xignux S.A. de C.V. for a cash purchase

Business Insider Markets | June 9, 2021

SPX Announces Agreement to Sell SPX Transformer Solutions to GE-Prolec Transformers

Transaction Expected to Close in the Second Half of 2021;Updating Full-Year 2021 Guidance for Transaction;Management to Host Call at 8:30 am ET Today CHARLOTTE, N.C., June 09, 2021 (GLOBE NEWSWIRE) -- SPX Corporation (“SPX”) announced today that it has entered into a binding agreement to sell 100% of the issued and outstanding stock of its wholly-owned subsidiary, SPX Transformer Solutions, Inc., to GE-Prolec Transformers, Inc. (together with its affiliates, “Prolec GE”), a subsidiary of a joint

Yahoo | June 9, 2021

Global Heat Exchangers in Chemical Plants market 2021 industry growth analysis, future predictions and forecast 2027 key players:- STI Group, Kelvion, Alfa Laval, Geurts International, SPX Corporation

COVID-19 Impact on Global Heat Exchangers in Chemical Plants Market Professional Survey Research Report 2021-2027 The global Heat Exchangers in Chemical Plants market report examines the market position and viewpoint of the market worldwide, from various angles, such as from the key players point, geological regions, types of product and application. This Heat Exchangers in []

Jumbo News | June 1, 2021

The Return Trends At SPX (NYSE:SPXC) Look Promising

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Yahoo | May 31, 2021

Zacks Investment Research Downgrades SPX (NYSE:SPXC) to Hold

SPX (NYSE:SPXC) was downgraded by Zacks Investment Research from a buy rating to a hold rating in a report released on Wednesday, Zacks.com reports. According to Zacks, SPX Corporation (NYSE: SPXC) is, along with its subsidiaries, a diversified, global supplier of infrastructure equipment with scalable growth platforms in heating, ventilation and air conditioning (HVAC), detection []

Dakota Financial News | May 12, 2021

SPX (SPXC) Q1 Earnings and Revenues Surpass Estimates

SPX (SPXC) delivered earnings and revenue surprises of 1.49% and 1.59%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | May 6, 2021


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