SPX News

A communications company in Raymond has cut more than 30 jobs, citing a "challenging business environment." SPX Dielectric, a broadcasting and wireless technology company, said it notified 31 employees their jobs had been eliminated, effective immediately, according to news channel WMTW 8. The affected positions were manufacturing and support ...

SPX Corporation today announced that its Waukesha Electric Systems, Inc. business unit was awarded a $10.7 million grant by the U.S. Department of Energy to develop and manufacture a smaller, more efficient superconducting transformer for electric utilities which will help enhance the flexibility and reliability of the nation's power grid.

Filed under: Major movement , Bristol-Myers Squibb , S and P 500 , MBIA Inc Standard & Poor's is performing some end-of-year cleanup on its benchmark index, the S&P 500 Index .

An SPX Corp. subsidiary has landed a $36 million power-plant contract in China. Under the agreement, the company's thermal-equipment and services segment will design and supply a cooling-tower system at the Huaneng Qinling Power Plant.

SPX Corporation announced that its SPX Heat Transfer Inc. subsidiary has completed an acquisition of substantially all the assets and certain liabilities of Yuba Heat Transfer LLC , a leading global supplier of heat transfer equipment utilized by nuclear, solar, geothermal, gas and coal power generation facilities.

The past few years have seen Exchange Traded Funds, or ETFs, become exceptionally popular, especially in the United States.

U.S. stocks were slightly lower around midday Thursday, as a report of declining growth for the U.S. service sector weighed on the market, though trade was muted ahead of Friday's nonfarm payrolls report.

Declan McLaughlin is the new president of Columbian TecTank, effective Monday. Kansas City-based Columbian TecTank, a subsidiary of Kansas City-based CST Industries Inc ., is a manufacturer and assembler of factory-coated, bolted steel tanks for dry bulk and liquid use.

Stocks hit fresh 13-month highs and the dollar slipped on Monday as investors focused on Ben Bernanke's commitment to low interest rates, not his stated support of the greenback.

Monday, November 16, 2009 Bulls in Charge Bulls are in charge again, pushing above 1100 so far with relative conviction, abetted by relative dollar weakness , a low TRIN and breadth now about 5:1 positive on the NYSE.

Before Wachovia takes off from the now-defunct jet operation it leased for years, the bank's landlord - the city's taxpayers - will pay more than $3 million for the empty buildings left behind.

Win streak ends at six as traders decide to take profits. The Dow lost 93.79 points to a level of 10,197.47. The S&P 500 fell 11.27 points to 1,087.24. The Nasdaq gave up 17.88 points to 2,149.02. Volume remained below average on the session with the NYSE trading 1.05 billion shares and the Naz turning over 2.30 billion shares.

Tuesday was a quiet day for stocks with all three major market indices closing near the flat line.

Tulsa manufacturer Yuba Heat Transfer LLC is being sold to competitor SPX Corp., the second ownership change for the company in five years.

Thursday, November 05, 2009 Twelfth of Never Click charts to enlarge. The Federal "Hold Nothing In" Reserve announced yesterday that they will keep interest rates at "exceptionally low" rates until the Twelfth of Never.

Mixed session for the major market indices with transports rising, but semiconductor stocks on the decline.

An SPX Corp. subsidiary has agreed to acquire nearly all the assets of Yuba Heat Transfer , a supplier of heat-transfer equipment and technology to the power-generation industry.

Bulls win the battle Monday with economic data positive and Ford announcing strong earnings.

The good news is: The market is deeply oversold going into a seasonally strong period.

"Sometimes huge moves in few stocks can signal which ways the market's headed," Jim Cramer told the viewers of his "Mad Money" TV show Wednesday.