News

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 ...
NHL free agency tracker: GMs busy with deals before opening day
NHL free agency doesn't open until noon on Tuesday, July 1, but general managers decided to get a lot of their work done ...
Home Depot Wins Bidding War, Will Acquire GMS for $4.3B
Home Depot has won a bidding war for GMS, striking a deal to buy the building-products distributor for $4.3 billion, or $5.5 ...
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 ...
Why GMS Stock Is Soaring Today
Home Depot apparently made its intentions clear over the weekend. On Monday, the home improvement retail giant announced it had reached a deal to acquire GMS for $110 per share. The deal, which will ...
These Stocks Moved the Most Today: Sunrun, GMS, Oracle, HPE, Juniper Networks, Robinhood, Palantir, and More
Sunrun is rising sharply after the Senate’s latest version of the tax-and-spending megabill includes some relatively positive ...
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.
Home Depot’s A rating affirmed by Fitch despite GMS acquisition
Investing.com -- Fitch Ratings has affirmed The Home Depot (NYSE: HD ), Inc.’s Long-Term Issuer Default Rating (IDR) at ’A’ ...