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SPX (SPXC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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SPX Corporation is an American manufacturing company, headquartered in Charlotte, North Carolina. [ 2 ] [ 3 ] [ 4 ] The company operates within four markets: heating, ventilation, and air conditioning ( HVAC ), detection and measurement, power transmission and generation, and engineered solutions.
By August 1998, with 1997 sales of just under US$1 billion, SPX moved to acquire General Signal Corp., a company twice its size, for US$45 per share in stock and cash, in a US$2 billion deal. With the acquisition SPX sought to enter the electrical and industrial controls business. [5] The deal was completed in the fourth quarter of 1998.
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This is a list of companies having stocks that are included in the S&P SmallCap 600 stock market index. The index, maintained by S&P Dow Jones Indices, comprises the common stocks of 600 small-cap, mostly American, companies. Although called the S&P 600, the index contains 602 stocks because it includes two share classes of stock from 2 of its ...
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SPX can refer to: S&P 500, a stock market index; Sequenced Packet Exchange, a networking protocol; IATA code of Sphinx International Airport, an airport in Giza, Egypt; Small Press Expo, an alternative comics convention; SpaceX (SpX), a rocket manufacturer; Sports Performance eXtreme, a sports shoe and clothing brand