UPDATE 2-SPX Corp quarterly profit more than doubles

Newswire

(Adds details, background, BOSTON dateline, paragraphs 5, 7-8) BOSTON/NEW YORK, April 30 (Reuters) - Diversified U.S. manufacturer SPX Corp said on Wednesday that first-quarter profit more than doubled, as strong global infrastructure spending spurred demand for its cooling towers used in power plants and equipment used in oil and gas production. Net profit rose to $61.4 million, or $1.13 per share, from $29.2 million, or 49 cents per share, a year earlier. Income from continuing ...

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