SPX CORPORATION: 2003-2005 Tax Audits with IRS Settled Last Aug.

SPX Corp. disclosed in its latest Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission that on Aug. 28, 2008, it reached an agreement with the Internal Revenue Service regarding audits of its 2003 through 2005…

SPX CORPORATION: Italian Unit Pays EUR1.2Mln for Bribery Claims

SPX Corp.’s Italian subsidiary, SPX Cooling Technologies Italia S.p.A., in October 2008, made EUR1.2 million in payment in line with the remaining allegations for acts of bribery, according to its latest Quarterly Report on Form 10-Q filed with the U.S.…