Fintel reports that on February 7, 2025, Stifel downgraded their outlook for Beacon Roofing Supply (NasdaqGS:BECN) from Buy ...

GREENWICH, Conn., Feb. 06, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE: QXO) today issued the following statement in response to ...

today issued the following statement in response to the announcement by Beacon Roofing Supply, Inc. (Nasdaq: BECN) that its Board of Directors has rejected QXO’s all-cash $124.25 per share offer.

Greenwich-based QXO, a publicly traded company in the building products distribution industry launched in June 2024 by ...

QXO's tender offer of $124.25 per share represents a 37% premium over Beacon Roofing Supply's recent ... 2025 annual meeting of stockholders of Beacon. QXO strongly advises all stockholders ...

Beacon's Board of Directors has declined QXO's all-cash tender offer to purchase all outstanding shares of Beacon at $124.25 per share, an offer that values the roofing supply company at ...

GREENWICH, Conn. - QXO, Inc. (NYSE: QXO), a provider of technology solutions primarily for the manufacturing, distribution, and service sectors, with a market capitalization of $5.7 billion and a ...

Back on Nov. 18, the Wall Street Journal reported that QXO — the building materials distribution platform started in late 2023 by Brad Jacobs — had made an offer to buy Beacon Roofing Supply ... s ...

Stifel Nicolaus analyst W. Andrew Carter downgraded Beacon Roofing Supply (BECN – Research Report) to a Hold yesterday and set a price target ...

Beacon Roofing Supply Inc. has officially rejected a hostile takeover approach from QXO Inc., setting the stage for a potentially protracted battle for control of the building supplies provider.

Clearly, options traders are pricing in a big move for Beacon Roofing Supply shares, but what is the fundamental picture for the company? Currently, Beacon Roofing Supply is a Zacks Rank #2 (Buy ...