Beacon Roofing Supply Stock Rises

QXO goes public with $11 billion bid for Beacon Roofing, threatens proxy fight
QXO, a new player in building products distribution, on Wednesday made public its $11 billion offer to buy Beacon Roofing Supply and threatened a proxy fight after the roofing material supplier rebuffed its overtures.
Beacon Roofing Supply Receives Buy Rating Amid QXO Acquisition Bid
Beacon Roofing Supply (BECN) has received a new Buy rating, initiated by Stifel Nicolaus analyst, W. Andrew Carter.Stay Ahead of the
Beacon Roofing Supply Stock Rises as QXO Proposes $11 Billion Cash Takeover
Beacon Roofing Supply stock rose sharply on Wednesday after building-products distributor QXO made an $11 billion cash bid to acquire the company. Shares of Beacon Roofing Supply rose 10% to $120 after QXO announced it had approached the company’s board with a proposal to acquire outstanding shares for $124.
Beacon Roofing rejects QXO's $11 billion takeover offer
Beacon Roofing Supply on Wednesday rejected a $11 billion takeover offer from QXO, a new player in the building products distribution industry, saying its proposal "significantly undervalues" the roofing material supplier.
Beacon Roofing Supply's Shares Hit All-Time High After Rejecting QXO's $11B Acquisition Offer
Shares of Beacon Roofing Supply surged to an all-time high after rejecting an acquisition offer from building-products distribution company QXO. The stock was trading 8.9% higher, at $118.53, on Wednesday afternoon,
QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash
(Nasdaq: QXO) today announced that it has made public a proposal to the Board of Directors of Beacon Roofing Supply, Inc. (Nasdaq: BECN) to acquire all outstanding shares of Beacon for $124.25 per share in cash.
Beacon Roofing Supply stock retains Hold rating as QXO confirms takeover offer
Truist Securities maintained a Hold rating and a $95.00 price target on Beacon Roofing Supply (NASDAQ:BECN) stock, despite a significant acquisition offer from QXO. According to InvestingPro data, BECN currently trades at $116,
Beacon Roofing Rejects $11 Billion Buyout Bid: Retail Sentiment Rallies In Support
Shares of Beacon Roofing Supply ($BECN) slipped 0.23% in after-hours trading on Wednesday after surging more than 7% earlier in the day as the company rejected an $11 billion takeover bid from QXO Inc.
Beacon confirms receipt, reiterates rejection of unsolicited QXO proposal
EST Beacon (BECN) confirms receipt, reiterates rejection of unsolicited QXO (QXO) proposalStay Ahead of the Market:Discover outperforming ...
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Beacon Communities, Saratoga Springs Housing Authority announce workforce housing project
Beacon Communities, one of the nation’s leading affordable housing developers, and the Saratoga Springs Housing Authority ...
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Masking update for Beacon Health System hospitals
On Wednesday, Beacon Health System made an announcement regarding masking enforcement at five Beacon Health System Hospitals around the area.
'Beacon of selflessness': ISIS victim Kayla Mueller honored at congressman's swearing-in 10 years after death
Arizona Republican Rep. Abraham Hamadeh was sworn into office Friday, honoring the memory of ISIS victim Kayla Mueller by ...
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What to watch for on Beacon Hill in 2025
A new year and new legislative session have arrived, and there are already loads of pressing issues that appear ripe for ...
Surge in respiratory illnesses leads Beacon to urge masking when visiting hospitals
Hospitals ask for help protecting vulnerable patients by not visiting when sick, masking when you do visit and washing your ...
Loop Capital Markets Remains a Buy on Beacon Roofing Supply (BECN)
In a report released today, Garik Shmois from Loop Capital Markets maintained a Buy rating on Beacon Roofing Supply (BECN – Research Report), ...
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Gov. Pritzker Announces Launch of BEACON Children’s Behavioral Health Portal
Governor JB Pritzker and the Illinois Children’s Behavioral Health Transformation Initiative (CBHTI) announced the public ...