SPX Corporation (SPW.N)
56.89USD
1:29pm EST
$0.79 (+1.41%)
$56.10
$56.32
$56.99
$56.26
46,900
570,078
$65.23
$34.84
About
Overall
| Beta: | 1.35 |
| Market Cap (Mil.): | $2,733.75 |
| Shares Outstanding (Mil.): | 49.29 |
| Annual Dividend: | 1.00 |
| Yield (%): | 1.80 |
Financials
| SPW.N | Industry | Sector | |
|---|---|---|---|
| P/E (TTM): | 23.65 | 5.49 | 14.81 |
| EPS (TTM): | -64.78 | -- | -- |
| ROI: | 2.77 | 2.65 | 0.11 |
| ROE: | 5.18 | 3.36 | 0.06 |
UPDATE 1-Gea sees '09 profit margin down 7 pct
FRANKFURT, Oct 29 (Reuters) - German engineering group Gea posted a narrower than expected drop in third quarter operating profit, helped by cost cuts and stable demand from the food sector, and forecast a decline in full year sales and operating margin.
HEADLINE STOCKS-Some U.S. stocks on the move on Oct. 28
For small and mid-cap stocks to watch, see [WATCH/US1] (Updates to afternoon trading, adds Motorola/Verizon, Vitamin Shoppe)
UPDATE 4-SPX cuts profit forecast, expects to lag economy
* Shares down as much as 12 pct (Adds CEO quotes, details, updates stock action)
HEADLINE STOCKS-Some U.S. stocks on the move on Oct. 28
(Updates to after the open, adds ConocoPhillips, Target, Hess, Wyndham, BorgWarner, Goodyear, Owens Corning)
HEADLINE STOCKS-Some U.S. stocks to watch on Oct. 28
NEW YORK, Oct 28 (Reuters) - Some U.S. stocks to watch on Wednesday:
SPX Corp posts sharply lower profit, cuts outlook
NEW YORK (Reuters) - Diversified U.S. manufacturer SPX Corp reported a 61 percent decline in quarterly profit as investors at home and in emerging economies held off on infrastructure projects, eroding demand for its equipment.
UPDATE 3-Emerson to buy Avocent for $1.2 billion
* Emerson to pay $25/shr cash for Avocent, 22 pct premium
Emerson to buy Avocent for $1.2 billion
NEW YORK (Reuters) - Industrial conglomerate Emerson Electric Co said it would buy network equipment technology provider Avocent Corp for about $1.2 billion in cash to expand its business that ensures the stability of large computer systems.
SPX, India's Thermax in JV for pollution control
PUNE, India (Reuters) - Diversified U.S. manufacturer SPX Corp and Indian engineering firm Thermax Ltd will jointly make air pollution control systems in India, in a venture that could bring in annual revenues of up to $100 million in five to 10 years.
UPDATE 2-SPX, India's Thermax in JV for pollution control
* Targets air pollution control for power plants above 300 MW
Competitors
| Price | Change | |
|---|---|---|
| Alfa Laval AB (ALFA.ST) | kr97.90 | +0.60 |
| GEA Group AG (G1AG.DE) | €15.43 | +0.06 |
| Snap-on Incorporated (SNA.N) | $43.35 | +1.06 |
| Alstom SA (ALSO.PA) | €49.20 | -0.04 |
| Siemens AG (SIEGn.DE) | €63.92 | +0.13 |
| Systemair AB (SYSR.ST) | kr59.00 | +0.75 |





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