SPX News

The good news is: The Dow Jones Industrial Average and NASDAQ composite both hit multi year highs last week.

Research analysts at Barclays Capital boosted their price target on shares of SPX Corp from $70.00 to $83.00 in a report issued on Friday.

SPX Corp. recently debuted a new OTC brand portable diesel particulate filter cleaner designed for use in shops or in the field.

SPX Corporation today announced that its Flow Technology segment has been awarded a contract worth approximately $40 million by Bright Dairy & Food Co., Ltd.

SPX Service Solutions, a business unit of SPX Corporation , and Aker Wade Power Technologies, LLC, a designer and manufacturer of advanced fast charging systems , signed a letter of intent jointly to develop a new family of practical electric vehicle fast chargers for the global vehicle market.

Charlotte stocks rose Wednesday on Wall Street, with SPX Corp. gaining $2.55 to close at $70.05. The 3.8 percent gain follows Tuesday's announcement of a $1.15 billion divestiture for the manufacturer .

SPX Corp 's stock had its "neutral" rating reaffirmed by equities research analysts at Nomura in a research note issued to investors on Wednesday.

Roche Holding A of Switzerland has made a $5.7 billion hostile takeover offer for genetic analysis company Illumina A . The offer would value Illumina at $44.50 per share in cash, which represents an 18% premium to yesterday's closing price.A www.illumina.com HSBC Holdings A has put its Japanese consumer banking unit on the block, according to ... (more)

The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2100 GMT on Tuesday.

SPX agreed to sell its Service Solutions business to Robert Bosch for $1.15 billion.

NYSE Euronext and Deutsche Boerse are unlikely to garner enough support from European Union commissioners to overturn a looming veto over their plan to create the world's largest exchange, Bloomberg says, citing four people familiar with the situation.

German engineering company Bosch said Tuesday that it plans to buy the automotive services division of U.S.-based SPX Corp.

ABC 12 - WJRT - Flint, MISPX Announces Definitive Agreement to Sell its Service Solutions Business to Robert Bosch GmbH for $1.15 Billion SPX Also Announces its Intent to Allocate at Least $350 Million to Share Repurchases and Approximately $350 Million to Debt Reduction /PRNewswire/ --A SPX Corporation today announced that it has entered into a ... (more)

SPX Corp said it plans to sell its service solutions business to Germany's Robert Bosch GmbH for $1.15 billion in cash as it looks to focus on its flow technology segment.

The ideal candidate will be a team player and be able to work overtime as needed.

Corporation today announced that the company will donate a customized 2012 Ford Mustang GT to be auctioned off at the 2012 Barrett-Jackson Collector Car Auction, with all proceeds going to St.

ABC 12 - WJRT - Flint, MISPX to Auction Unique 2012 Ford Mustang GT Custom Coupe to Raise Funds for St.

Jude Children's Research Hospital . The highest bidder will secure a unique 2012 Ford Mustang GT Custom Coupe specially designed and crafted by Galpin Auto Sports.

SPX Corp., a Charlotte, North Carolina-based maker of pumps, valves and heat exchangers, fell the most in more than two months in New York trading after forecasting 2012 profit that trailed analysts' estimates.

"We believe the earnings potential for our company is as healthy as it has ever been.