UPDATE 3-SPX Corp profit tops view, stock hits new high

Newswire

(Adds quotes, stock action, byline) By Scott Malone BOSTON, April 30 (Reuters) - Diversified U.S. manufacturer SPX Corp reported profit on Wednesday that topped Wall Street's expectations, and raised its earnings forecast for the year, citing strong investment in energy-related projects. Its shares climbed 9 percent, notching a new lifetime high, as the maker of cooling towers for power plants and equipment used in oil and gas production said it continued to see strong demand in ...

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