Latest SPX Corporation Stories
CHARLOTTE, N.C., May 15, 2013 /PRNewswire/ -- SPX Corporation (NYSE: SPW) today announced that Chris Kearney, Chairman, President and Chief Executive Officer, will present at the Electrical Products Group Conference in Longboat Key, Florida on Monday, May 20, 2013 at 11:30 a.m. Eastern time. Jeremy Smeltser, Vice President and Chief Financial Officer, will also be in attendance. A live webcast of the presentation and related materials will be posted to the Investor Relations section...
Earnings Per Share from Continuing Operations of $0.20 CHARLOTTE, N.C., May 1, 2013 /PRNewswire/ -- SPX Corporation (NYSE: SPW) today reported results for the first quarter ended March 30, 2013: First Quarter Highlights: Revenues decreased 1.7% to $1.13 billion from $1.15 billion in the year-ago quarter. Organic revenues* were flat, while completed acquisitions increased revenues by 0.3% and currency fluctuations decreased revenues by 2.0%. Segment income and margins were...
CHARLOTTE, N.C., April 17, 2013 /PRNewswire/ -- SPX Corporation (NYSE: SPW) today announced that it will release its first quarter 2013 financial results on Wednesday, May 1, 2013. SPX Chairman, President and Chief Executive Officer Chris Kearney, and SPX Vice President and Chief Financial Officer Jeremy Smeltser will discuss the company's first quarter earnings during a conference call at 8:30 a.m. Eastern time. Those interested in participating in the conference call should dial...
SEC-SPX JV to Supply Cooling Equipment to Four Chinese Power Plants CHARLOTTE, N.C. and SHANGHAI, April 11, 2013 /PRNewswire/ -- SPX Corporation (NYSE: SPW) today announced that its strategic joint venture with Shanghai Electric Group Co., Ltd. (Shanghai Electric) has received new orders for dry cooling systems for four power plants in China totaling more than $80 million. Since its inception in January 2012, the joint venture has received 11 dry cooling orders in China totaling just...
DUBLIN, Ireland, April 8, 2013 /PRNewswire/ -- Research and Markets [http://www.researchandmarkets.com/research/k8dljx/cooling_towers ] has announced the addition of the "Cooling Towers - Global Strategic Business Report" [http://www.researchandmarkets.com/research/k8dljx/cooling_towers ] report to their offering. This report analyzes the worldwide markets for Cooling Towers in US$ Million by the following End- Use Segments: Air Conditioning/HVAC Applications, Heavy...
CHARLOTTE, N.C., March 27, 2013 /PRNewswire/ -- SPX Corporation today announced that its Thermal Equipment and Services segment has been awarded a contract worth approximately $35 million to supply an air-cooled condenser (ACC) for a new 835 MW natural gas-fired, combined cycle power plant scheduled to be constructed in Israel. The contract was awarded by Alstom, which was previously awarded the engineering, procurement and construction (EPC) contract for the plant by Dalia Power...
CHARLOTTE, N.C., Feb. 21, 2013 /PRNewswire/ -- SPX Corporation (NYSE: SPW) today announced that its board of directors has declared a quarterly dividend of $0.25 per common share payable on April 2, 2013 to shareholders of record on March 14, 2013. Based in Charlotte, North Carolina, SPX Corporation (NYSE: SPW) is a global Fortune 500 multi-industry manufacturing leader with over $5 billion in annual revenue, operations in more than 35 countries and approximately 15,000 employees....
CHARLOTTE, N.C., Feb. 20, 2013 /PRNewswire/ -- SPX Corporation (NYSE: SPW) today announced that Chris Kearney, Chairman, President and Chief Executive Officer, and Jeremy Smeltser, Vice President and Chief Financial Officer, will participate in the Barclays Capital Industrial Select Conference in Miami, Florida on Thursday, February 21, 2013 at 9:45 a.m. Eastern time. A live webcast will be posted to the Investor Relations section of SPX's website (www.spx.com). The audio replay will...
CHARLOTTE, N.C., Feb. 14, 2013 /PRNewswire/ -- SPX Corporation (NYSE: SPW) today reported results for the fourth quarter and year ended December 31, 2012 and announced annual guidance for 2013: Fourth Quarter Highlights: Revenues increased 14.1% to $1.44 billion from $1.26 billion in the year-ago quarter. Organic revenues* increased 1.9%, while completed acquisitions and currency fluctuations impacted revenues by 12.9% and (0.7)%, respectively. Segment income and margins...
CHARLOTTE, N.C., Jan. 24, 2013 /PRNewswire/ -- SPX Corporation (NYSE: SPW) today announced that its Board of Directors has elected David V. Singer as an additional member of the company's Board of Directors. Mr. Singer will stand for re-election at the company's 2013 Annual Meeting for a term expiring in 2016. Mr. Singer, 57, is currently the Chief Executive Officer of Snyder's-Lance, Inc., a manufacturer and marketer of snack foods throughout the United States and internationally....
