By 1988, and after a number of strategic acquisitions to further diversify the company into a replacement parts and specialty service tool manufacturer, the company changed its name to SPX Corporation. For the next 10 years, we remained a U.S.-centric automotive component manufacturer with nearly $1 billion in sales.
Super Micro Computer will join the S&P 500 on March 18. The maker of servers and storage equipment often used for AI applications has soared 297% this year. Supermicro's stock has jumped over 25% since the news of its admission to the benchmark index. The company's stock is in high demand for its high-density servers and other equipment.
CHARLOTTE, N.C., Aug. 03, 2021 (GLOBE NEWSWIRE) — SPX Corporation ("SPX") (NYSE: SPXC) today announced that it has completed the acquisition of Enterprise Control Systems Ltd ("ECS"). Headquartered near Northampton, UK, ECS is a leader in the design and manufacture of highly-engineered tactical datalinks and radio frequency (RF) …
Highly Strategic Acquisition Expands HVAC Cooling Platform into Attractive Engineered Air Movement Market; Closing Expected by Year End 2021 CHARLOTTE, N.C., Nov. 15, 2021 (GLOBE NEWSWIRE) — SPX Corporation (NYSE:SPXC) announced today that it has entered into a definitive agreement to purchase Cincinnati Fan & Ventilator Co., Inc. …
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 of the issued and outstanding …
CHARLOTTE, N.C., Dec. 30, 2016 (GLOBE NEWSWIRE) — SPX Corporation (NYSE:SPXC) today announced that it has completed the sale of its European Power Generation business ("Balcke-Dürr") to a wholly owned subsidiary of mutares AG, a German-based publicly traded industrial holding company. SPX anticipates that the …
Trading in SPX options can be a profitable way to make money in the stock market. SPX options expose traders to the US stock market, with low capital requirements and high liquidity. With the proper knowledge and skills, trading in SPX options can be a great way to achieve financial success. Earn up to $300 daily cash flow using our Statistical ...
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In contrast, SPY is an ETF designed to track the performance of the S&P 500 index. While SPX serves as a benchmark, SPY is a tradable asset that aims to track the index's movements closely. Another key difference is how dividends are handled. While SPX, as an index, does not distribute dividends (and it is a price index), SPY, being an …
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