SPX: Three takeaways from 2016 earnings for SPX Corp.

SPX Corp. may be done with divestitures for now. And with its free cash flow improving and debt deceasing, it can start looking for purchase targets. "We feel confident in our capacity and ability to deploy capital for actions to drive incremental shareholder value, including acquisitions in the growth-focused areas of our company," Chief Financial Officer Scott Sproule told analysts Thursday during a conference calls on the company's 2016 earnings. SPX reported a loss for the fourth quarter...