UPDATE 3-SPX trims profit forecast, citing stronger dollar

Newswire

* Q3 net profit rises 26 percent * Adjusted EPS of $1.66 beats estimates by 1 cent * Trims top end of 2008 forecast because of strong dollar * Stock down 6 percent (Adds stock action) BOSTON, Oct 29 (Reuters) - Diversified manufacturer SPX Corp reported a 26 percent rise in quarterly profit, but cut the top end of its forecast for the full year as a strengthening dollar takes a toll on foreign sales. SPX, which makes cooling towers for electric power plants and gear used in oil and ...

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