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New names, new execs and earnings projections disclosed for SPX split

2015-02-12 18:50:23| Electronics - Topix.net

SPX Corp. has revealed more details of its proposed split, including the names of the two new companies, their stock-trading symbols and some key executives. During a conference call Thursday, SPX CEO Chris Kearney said the flow division that will be spun off into a a new company will be called SPX Flow Inc. The remaining power and infrastructure businesses will retain the name SPX Corp. "I'm glad to see you are keeping it nice and simple on the new names," said Nigel Coe of Morgan Stanley.

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