Corporation: Based in Charlotte, North Carolina, SPX
Corporation is a leading supplier of highly engineered HVAC products, detection and measurement technologies and power equipment.
Gene Lowe, President and Chief Executive Officer , joined SPX
in 2008 and has held multiple strategic leadership positions with the Company.
Shares of SPX
Corporation common stock will continue to trade "regular way" on the NYSE under its current symbol of "SPW" through the last trading day prior to the distribution date of September 26, 2015.
The Company also announced today that Michael Mancuso, who has served on the SPX
Corporation Board since 2004, has informed the Company that he plans to retire as a director of the Company as of the effective date of the spin-off.
Gene Lowe, future Chief Executive Officer of SPX
Corporation, said, "Following the spin-off of our Flow business, we believe SPX
Corporation will be well positioned as a leading supplier of infrastructure equipment, with a strong market presence in HVAC and power products, along with a very attractive offering of highly engineered detection and measurement technologies.
The biggest loser at last check was Weatherford International (NYSE:WFT), although our table of the botton-20 SPX
performers is littered with other examples of oil stocks that slipped today.
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.
However, the SPX
is holding on strong heading into the latter half of the session, as 77 percent of its components are in positive territory.
18, 2014 /PRNewswire/ --SPX
Corporation (NYSE: SPW) today announced that Gene Lowe, Marc Michael, Tony Renzi and David Wilson have each been appointed as an Executive Officer of SPX
15, 2014 /PRNewswire/ -- SPX
today announced that it will release its third quarter 2014 financial results on Wednesday, October 29, 2014.
E[acute accent]The SPX
is once again exploring the 1,275 level today.
July 15, 2014 /PRNewswire/ -- SPX
today announced that it will release its second quarter 2014 financial results on Wednesday, July 30, 2014.
All of this news has dragged on the SPX
a bit, as it is currently 0.
6, 2012 /PRNewswire/ -- SPX
Corporation (NYSE: SPW) today announced that SPX
Vice President and Chief Financial Officer Jeremy Smeltser will participate in a question and answer session at the Morgan Stanley Industrials and Auto Conference in New York City on Thursday, September 13, 2012 at 10:20 a.
Currently, the SPX
is slightly higher, as 57 percent of its components are in positive territory.