BWXT Completes Spin-Off of Power Generation Business

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BWX Technologies (BWXT) Completes Spin of Power Generation Business

July 1, 2015 7:37 AM EDT

BWX Technologies, Inc. (BWXT) (NYSE: BWXT) has completed the spin-off of its Power Generation business and will begin trading today on the New York Stock Exchange under the new ticker symbol BWXT.

In 2014, The Babcock & Wilcox Company (B&W) announced its intent to spin off its Power Generation business, and on June 8, 2015, B&Ws board of directors approved the spinoff. The Power Generation business is now... More