News

GMS: Will QXO's Bid Unlock Its Potential? (Rating Upgrade)
In FY2025, despite steady revenues, GMS's cash flow from operations (or CFO) declined by 11% compared to a year ago. Free ...
Billionaire Brad Jacobs' QXO offers $5 billion for GMS, threatens to go hostile
Billionaire Brad Jacobs' new building-products distributor QXO made an offer on Wednesday to acquire GMS for about $5 billion ...
GMS Inc (GMS) Soars 31.88% W/W as 2 Building Giants Engage in Bidding War
GMS Inc. (NYSE:GMS) jumped by 31.88 percent week-on-week to finish at $100.27 versus the $76.03 on June 13, as investors ...
QXO Proposes to Acquire GMS for $95.20 Per Share in Cash
QXO, Inc. (NYSE: QXO) today sent a proposal to the President and CEO of GMS Inc. (NYSE: GMS) to acquire all outstanding ...
Why GMS Stock Is Soaring Today
QXO is a roll-up put together by Brad Jacobs, the M&A specialist behind companies including XPO and United Rentals. The ...
GMS Is The Right Fit For QXO's Long-Term Goal
QXO Inc.'s aggressive M&A strategy aims to consolidate the construction industry and leverage AI for operational advantages.
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Should You Bet on This Billionaire Mastermind Behind Billion-Dollar Empires?
Building a Giant Amid Market Headwinds Brad Jacobs is a business alchemist, transforming modest ventures into industry giants ...
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QXO Proposes to Acquire GMS
QXO, Inc. sent a proposal to the President and CEO of GMS Inc. to acquire all outstanding shares of GMS for $95.20 per share ...
5 Things to Know Before the Stock Market Opens
U.S. stock futures are edging lower as investors digest President Donald Trump's comments on Iran, while shares of Accenture ...
Key deals this week: Couchbase, Eli Lilly, NTT Data, QXO, US Steel and more
Steel and mining company ArcelorMittal (OTCPK:AMSYF) announced on Friday the sale of its operations in Bosnia and Herzegovina ...