News

QXO Inc. proposed to acquire interior-construction-products distributor GMS Inc. for $95.20 a share. Roofing-products distributor QXO said Wednesday the proposal implies a total value of $5 billion ...
Since November 2022, the S&P 500 stands at approximately 6,205, reflecting a robust 55% gain, driven by strong performances ...
The boss of QXO knows how to make a few billion dollars, and aims to repeat the trick. Investors would be wise to back him, ...
The Home Depot offer trumps the rival bid for GMS by QXO, a construction-supplies company run by Brad Jacobs that recently ...
QXO, Inc. (NYSE:QXO) is one of the 11 stocks that Jim Cramer recently commented on. A caller asked if it was a good time to ...
QXO, Inc. (NYSE:QXO) is one of the 25 stocks Jim Cramer recently shared insights on. Cramer said that housing stocks could benefit from the Big Beautiful Bill and mentioned the stock, as he ...
A subsidiary of Home Depot’s SRS Distribution Inc., the supply company it bought last year, will start a cash tender offer to ...
Home Depot said on Monday unit SRS Distribution has agreed to acquire specialty building products distributor GMS for about ...
Home Depot had been rumored to be sniffing around GMS once QXO's offer was made public, so GMS stock didn't experience that dramatic a pop -- its near-13% rise this week was basically the upside after ...
In April QXO completed its approximately $11 billion acquisition of Beacon Roofing Supply. The GMS transaction with Home Depot is expected to close by the end of fiscal 2025.
Shares of QXO declined after the company disclosed the pricing of an underwritten public offering for shares of its common stock. The stock fell 6% to $22.09 on Wednesday. Shares have slipped 72% over ...