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SPX Technologies Completes Acquisition of Crawford United
Globenewswire· 2026-02-06 13:15
Core Viewpoint - SPX Technologies has completed the acquisition of Crawford United Corporation, enhancing its HVAC capabilities with custom air-handling solutions and expanding its product portfolio [1][2][3] Group 1: Acquisition Details - Crawford United's shareholders approved the merger, with an approximate cash consideration of $83.86 per share, leading to an aggregate transaction value of around $300 million [2] - Following the acquisition, Crawford United's common stock will cease trading on the OTC Pink Limited Market [2] Group 2: Strategic Implications - The acquisition will integrate Crawford United's Commercial Air-Handling Equipment segment, which includes Air Enterprises and Rahn Industries, into SPX's HVAC portfolio, enhancing its design capabilities and manufacturing footprint [3] - SPX aims to deliver differentiated solutions and drive long-term value for customers and shareholders through this acquisition, aligning with its strategy of acquiring high-engineering content businesses [3] Group 3: Non-Core Business Strategy - Crawford United's Industrial & Transportation Products segment is considered non-core to SPX's long-term strategy and will be recorded as assets held for sale, with results reported as discontinued operations [4] - SPX plans to ensure the continued operation of these non-core businesses during the transition period while seeking suitable buyers [4] Group 4: Future Guidance - SPX management intends to provide guidance for 2026, including the impact of the acquisition, on February 24, 2026, during the Q4 2025 results announcement [5]
SPX Technologies (SPXC) Well-Positioned for Data Center Infrastructure Evolution
Yahoo Finance· 2026-02-06 08:45
SPX Technologies (NYSE:SPXC) is one of the 15 best Industrial Machinery and Supplies stocks to buy according to Hedge Funds. As of the close of play on February 3, sentiment remains moderately bullish around SPX Technologies (NYSE:SPXC). The stock received coverage from 6 analysts, 4 of whom assigned Buy ratings and 2 Hold ratings. With a median 1-year price target of $229, it offers almost 8% upside potential from the prevailing level. Bloom Energy (BE) Gets Beaten, Falls 12% Amid AI Selloff Pixabay/Pu ...
Silicon Laboratories Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Silicon Laboratories Inc. - SLAB
Businesswire· 2026-02-04 22:15
Silicon Laboratories Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Silicon Laboratories Inc. - SLABFeb 4, 2026 5:15 PM Eastern Standard Time# Silicon Laboratories Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Silicon Laboratories Inc. - SLABShare---NEW YORK & NEW ORLEANS--([BUSINESS WIRE])-- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of [Kahn Swick & Foti], LL ...
Former NYSE Specialist Floor Trader from Goldman Sachs and His Student Teach SPX Zero DTE Options Trading in 14-Day Masterclass
Globenewswire· 2026-01-31 23:13
Core Insights - The article discusses the launch of Q ALGO 9.1, a trading system developed by Qamar "Q" Zaman and his mentor Gary Paccagnini, aimed at zero-day-to-expiration options trading [3][4][10] Company Overview - IKIGAI Trading Academy, founded by Qamar Zaman, combines institutional trading knowledge with proprietary algorithms to provide systematic trading education [10] - The academy's philosophy, "IKIGAI," represents the intersection of passion, skill, market need, and income [10] Program Features - The Q ALGO 9.1 system includes several features such as: - Time Pressure Dashboard for real-time signal alignment across multiple timeframes [6] - Smart Money Detection for recognizing institutional order flow patterns [6] - Volume Flow Scanner for live buyer/seller percentage breakdowns [6] - Multi-Timeframe Confluence for visual alignment signals [6] - The Zero DTE SPY & SPX Masterclass consists of 19 hours of live instruction, lab sessions, and private mentoring [8] Educational Approach - The program emphasizes learning a skill rather than quick wealth accumulation, encouraging students to learn from historical trading mistakes [9] - Over 25 students have been educated in the program within 45 days of its launch [10]
SPX Technologies Announces Acquisition of Thermolec
Globenewswire· 2026-01-20 13:00
Expands HVAC Segment with Highly Complementary Custom Electric Heating SolutionsCHARLOTTE, N.C., Jan. 20, 2026 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX Technologies” or the “Company”) announced today that it has completed the acquisition of Thermolec Ltd. (“Thermolec”) for a total cash consideration of CA$ 195 million (approximately US$ 140 million). Founded in 1973, Thermolec is a Montréal-based manufacturer of custom electric duct heating and related solutions, offering a differentiate ...
SPX Technologies to Report Fourth Quarter and Full-Year 2025 Financial Results and Present 2026 Financial Guidance
Globenewswire· 2026-01-16 14:56
CHARLOTTE, N.C., Jan. 16, 2026 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) announced today that it will release its financial results for the fourth quarter and full-year of fiscal year 2025 after the U.S. financial markets close on Tuesday, February 24, 2026. In conjunction with this announcement, SPX Technologies’ President and Chief Executive Officer Gene Lowe and SPX Technologies’ Vice President, Chief Financial Officer and Treasurer Mark Carano will discuss the Company’s financial results an ...
Crawford United Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Crawford United Corporation - CRAWA
Businesswire· 2026-01-14 00:16
Group 1 - The proposed sale of Crawford United Corporation to SPX Technologies, Inc. is under investigation for potentially undervaluing the company [1] - Shareholders of Crawford are expected to receive an estimated cash consideration of approximately $83.42 per share after adjustments for indebtedness and expenses [1] - Kahn Swick & Foti, LLC is assessing the adequacy of the proposed transaction and the process leading to it [1] Group 2 - KSF is inviting shareholders who believe the transaction undervalues the company to discuss their legal rights [2] - Contact information for KSF Managing Partner Lewis S. Kahn is provided for further inquiries regarding the proposed sale [2]
SPX Technologies Announces Appointment of Daniel Whitman as Vice President, General Counsel & Secretary
Globenewswire· 2026-01-05 15:21
Core Viewpoint - SPX Technologies, Inc. has appointed Daniel Whitman as the new Vice President, General Counsel & Secretary, effective January 5, 2026, enhancing the company's legal and operational capabilities [1]. Group 1: Appointment Details - Daniel Whitman brings over 30 years of experience, including 20 years at Parker Hannifin, where he served as Vice President, Law, Deputy General Counsel, and Assistant Secretary [2][3]. - His extensive background in legal and executive leadership aligns well with SPX's growth and operational initiatives, particularly in the industrial technologies sector [3]. Group 2: Professional Background - Mr. Whitman's career includes significant contributions in both engineering and legal fields, having led legal support for Parker Hannifin's commercial, intellectual property, and international operations [3]. - He has experience in international legal leadership, having spent several years in Switzerland overseeing the Europe, Middle East, and Africa legal team for Parker Hannifin [4]. - Prior to his legal career, he held various engineering roles at Ingersoll-Rand and Air Technologies [4]. Group 3: Educational Background - Mr. Whitman earned his Juris Doctor, magna cum laude, from the University of Akron School of Law and holds a bachelor's degree in mechanical engineering from Purdue University [5]. - He is registered to practice law in Ohio and before the United States Patent & Trademark Office [5]. Group 4: Company Overview - SPX Technologies is a supplier of highly engineered products and technologies, holding leadership positions in the HVAC and detection and measurement markets [6]. - The company is based in Charlotte, North Carolina, and employs approximately 4,700 people across 16 countries [6].
Thinning Air Up There?
Investorideas.com· 2025-12-24 14:33
Market Overview - The S&P 500 experienced a dip followed by a retail buying spree, indicating a temporary retracement before steady buying into the close [1] - Both the S&P 500 and Nasdaq surpassed key resistance levels, with breadth characteristics and bond market metrics providing further insights into market behavior [1] Investment Insights - The focus remains on favorable risk-reward long entries, with the ES (E-mini S&P 500) leading over the NDX (Nasdaq 100), suggesting a more profitable outlook for S&P 500 compared to tech stocks [2] - Notable gains were observed in stocks such as NVDA (Nvidia) up 3%, along with positive movements in AVGO (Broadcom), GOOGL (Alphabet), and AMZN (Amazon), indicating a potential turnaround in tech stocks [2] Commodity Performance - Gold and silver are delivering gains to clients, while caution is advised for oil shorts, indicating a mixed outlook for commodities [3] Communication and Resources - The company emphasizes the importance of staying updated through various platforms including Twitter, Telegram, and YouTube for real-time analytics and trading signals [5][6] - A free newsletter is available for subscribers to receive key daily analytics directly to their inbox [6] Trading Signals - The company offers premium trading signals covering various markets including stocks, bonds, gold, silver, and cryptocurrencies, with real-time trade calls and intraday updates [8]
SPX Technologies (SPXC) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-12-19 18:01
Company Overview - SPX Technologies (SPXC) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook for investors [3] Price Performance - SPXC shares have increased by 5.4% over the past week, while the Zacks Building Products - Air Conditioner and Heating industry has declined by 1.58% during the same period [5] - Over the last quarter, SPXC shares have risen by 14.97%, and over the past year, they have gained 46.88%, significantly outperforming the S&P 500, which has moved 2.44% and 16.74% respectively [6] Trading Volume - The average 20-day trading volume for SPXC is 358,502 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Estimates - In the past two months, 5 earnings estimates for SPXC have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $6.54 to $6.74 [9] - For the next fiscal year, 5 estimates have also moved upwards without any downward revisions [9] Conclusion - Given the strong momentum indicators and positive earnings outlook, SPX Technologies is positioned as a promising investment opportunity with a Momentum Score of A and a Zacks Rank of 2 (Buy) [11]