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Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517960489?lang=en_us&edition=fundamental","pubTime":"2025-03-05 00:58","pubTimestamp":1741107480,"startTime":"0","endTime":"0","summary":"Beacon’s Board of Directors Continues to Reiterate Unanimous Recommendation That Beacon Shareholders NOT Tender Their Shares Into QXO’s Offer. HERNDON, Va., March 04, 2025----Beacon   today issued the following statement regarding QXO, Inc.’s  second extension of its unsolicited tender offer to acquire all outstanding shares of Beacon common stock for $124.25 per share in cash :. For a second time, QXO has extended an Offer that represents an opportunistic attempt to take advantage of the current macro environment and acquire Beacon at a discount to its intrinsic value for the benefit of QXO but the detriment of Beacon’s shareholders.Beacon has repeatedly offered to engage with QXO to demonstrate the additional value for which QXO’s initial offer does not fairly compensate our shareholders.Founded in 1928, Beacon is a publicly-traded Fortune 500 company that distributes specialty building products, including roofing materials and complementary products, such as siding and waterproofing","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/beacon-issues-statement-response-qxo-165800885.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU1169589451.USD","LU1169590202.USD","BECN","LU1878469433.USD","QXO","BK4097","BK4104"],"gpt_icon":0},{"id":"2516769706","title":"QXO Swings to Q4 Loss, Revenue Flat","url":"https://stock-news.laohu8.com/highlight/detail?id=2516769706","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516769706?lang=en_us&edition=fundamental","pubTime":"2025-03-04 21:18","pubTimestamp":1741094328,"startTime":"0","endTime":"0","summary":"QXO  reported a Q4 loss Tuesday of $0.02 per diluted share, swinging from earnings of $0.64 a year earlier.A single analyst polled by FactSet expected a loss of $0.05.Revenue for the quarter ended Dec. 31 was $14.7 million, unchanged from a year earlier.A single analyst surveyed by FactSet expected $14 million.QXO shares were 0.1% lower in recent premarket activity.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["QXO"],"gpt_icon":0},{"id":"2516676822","title":"QXO reports Q4 EPS (2c), consensus (5c)","url":"https://stock-news.laohu8.com/highlight/detail?id=2516676822","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516676822?lang=en_us&edition=fundamental","pubTime":"2025-03-04 21:10","pubTimestamp":1741093844,"startTime":"0","endTime":"0","summary":"Reports Q4 revenue $14.7M, consensus $14M. Adjusted EBITDA, a non-GAAP measure, was a loss of $(7.7M) , compared with a gain of $0.7M for the same ...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/qxo-reports-q4-eps-2c-consensus-5c?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/qxo-reports-q4-eps-2c-consensus-5c?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["QXO"],"gpt_icon":0},{"id":"2516768466","title":"QXO Q4 2024 GAAP EPS $(0.02), Sales $14.743M Beat $14.000M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2516768466","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516768466?lang=en_us&edition=fundamental","pubTime":"2025-03-04 21:10","pubTimestamp":1741093801,"startTime":"0","endTime":"0","summary":"QXO Q4 2024 GAAP EPS $(0.02), Sales $14.743M Beat $14.000M Estimate","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/03/44106546/qxo-q4-2024-gaap-eps-0-02-sales-14-743m-beat-14-000m-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"QXO Q4 2024 GAAP EPS $(0.02), Sales $14.743M Beat $14.000M Estimate","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["QXO"],"gpt_icon":0},{"id":"2516775675","title":"Earnings Flash (QXO) QXO Posts Q4 Net Loss $0.02 a Share, vs. FactSet Est of $0.05 Loss","url":"https://stock-news.laohu8.com/highlight/detail?id=2516775675","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516775675?lang=en_us&edition=fundamental","pubTime":"2025-03-04 21:04","pubTimestamp":1741093466,"startTime":"0","endTime":"0","summary":"Earnings Flash (QXO) QXO Posts Q4 Net Loss $0.02 a Share, vs. FactSet Est of $0.05 Loss","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["QXO"],"gpt_icon":0},{"id":"2516675480","title":"Qxo Inc - Q4 Revenue $14.7 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2516675480","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516675480?lang=en_us&edition=fundamental","pubTime":"2025-03-04 21:00","pubTimestamp":1741093258,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250304:nFWN3PN0FY:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4097","QXO","LU1169589451.USD","LU1169590202.USD"],"gpt_icon":0},{"id":"2516675144","title":"Qxo Inc - Reports Q4 Loss of $0.02 per Share","url":"https://stock-news.laohu8.com/highlight/detail?id=2516675144","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516675144?lang=en_us&edition=fundamental","pubTime":"2025-03-04 21:00","pubTimestamp":1741093258,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250304:nFWN3PN0FY:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4097","LU1169590202.USD","LU1169589451.USD","QXO"],"gpt_icon":0},{"id":"2516678799","title":"QXO extends tender offer to acquire Beacon Roofing Supply for $124.25 per share","url":"https://stock-news.laohu8.com/highlight/detail?id=2516678799","media":"TIPRANKS","labels":["shareholding","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516678799?lang=en_us&edition=fundamental","pubTime":"2025-03-04 20:19","pubTimestamp":1741090758,"startTime":"0","endTime":"0","summary":"QXO announced that it is extending its all-cash tender offer to acquire all outstanding shares of Beacon (BECN) Roofing Suppl for $124.25 per share...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/qxo-extends-tender-offer-to-acquire-beacon-roofing-supply-for-124-25-per-share?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/qxo-extends-tender-offer-to-acquire-beacon-roofing-supply-for-124-25-per-share?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding,merge","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["QXO","LU1169589451.USD","LU1169590202.USD","LU1878469433.USD","BK4104","BECN","BK4097"],"gpt_icon":0},{"id":"2516620155","title":"QXO extends deadline for tender offer to buy Beacon Roofing","url":"https://stock-news.laohu8.com/highlight/detail?id=2516620155","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516620155?lang=en_us&edition=fundamental","pubTime":"2025-03-04 20:00","pubTimestamp":1741089633,"startTime":"0","endTime":"0","summary":"March 4  - QXO QXO.N said on Tuesday it had extended the deadline of its tender offer to buy Beacon Roofing Supply BECN.O by a week to March 10.QXO, a new entrant in the building products distribution industry that counts U.S. President Donald Trump's son-in-law Jared Kushner as a board member, made a bid in January to buy Beacon's outstanding shares for $124.25 per share.Beacon rejected the offer saying it significantly undervalued the company. But QXO CEO Brad Jacobs took the offer directly to Beacon's shareholders in a hostile takeover attempt.QXO's offer was set to expire on Monday, but will now remain open until 5:00 p.m. ET on March 10.  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250304:nL3N3PN0WB:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BECN","BK4097","QXO","BK4104","LU1169589451.USD","LU1169590202.USD","LU1878469433.USD"],"gpt_icon":0},{"id":"2516676747","title":"BRIEF-QXO Inc Extends Tender Offer To Acquire Beacon Roofing Supply Until March 10","url":"https://stock-news.laohu8.com/highlight/detail?id=2516676747","media":"Reuters","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516676747?lang=en_us&edition=fundamental","pubTime":"2025-03-04 20:00","pubTimestamp":1741089623,"startTime":"0","endTime":"0","summary":"BRIEF-QXO Inc Extends Tender Offer To Acquire Beacon Roofing Supply Until March 10March 4 (Reuters) - QXO Inc:QXO INC: EXTENDS TENDER OFFER TO ACQUIRE BEACON ROOFING SUPPLY UNTIL 5:00 P.M. (NEW YORK CITY TIME) ON MARCH 10 (((( Reuters.Briefs@thomsonreuters.com ;));))","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250304:nP8N3MD0K7:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4104","LU1169589451.USD","BK4097","BECN","LU1169590202.USD","QXO","LU1878469433.USD"],"gpt_icon":0},{"id":"2516620166","title":"Qxo Inc: Extends Tender Offer to Acquire Beacon Roofing Supply Until 5:00 P.m. (New York City Time) on March 10","url":"https://stock-news.laohu8.com/highlight/detail?id=2516620166","media":"THOMSON REUTERS","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516620166?lang=en_us&edition=fundamental","pubTime":"2025-03-04 20:00","pubTimestamp":1741089607,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250304:nP8N3MD0K7:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU1878469433.USD","BECN","LU1169589451.USD","LU1169590202.USD","BK4104","BK4097","QXO"],"gpt_icon":0},{"id":"2516620153","title":"Qxo Extends Tender Offer to Acquire Beacon Roofing Supply","url":"https://stock-news.laohu8.com/highlight/detail?id=2516620153","media":"THOMSON REUTERS","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516620153?lang=en_us&edition=fundamental","pubTime":"2025-03-04 20:00","pubTimestamp":1741089604,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250304:nTUABYP8YS:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU1169589451.USD","LU1169590202.USD","BK4097","QXO"],"gpt_icon":0},{"id":"2516620201","title":"QXO Extends Tender Offer to Acquire Beacon Roofing Supply","url":"https://stock-news.laohu8.com/highlight/detail?id=2516620201","media":"Business Wire","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516620201?lang=en_us&edition=fundamental","pubTime":"2025-03-04 20:00","pubTimestamp":1741089600,"startTime":"0","endTime":"0","summary":"GREENWICH, Conn., March 04, 2025----QXO, Inc.  announced today that it is extending its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc.  for $124.25 per share.The tender offer, which was scheduled to expire at 5:00 p.m.  on March 3, 2025, will remain open until 5:00 p.m.  on March 10, 2025. QXO is prepared to complete the acquisition shortly after the tender expires, subject to the terms of the offer. The transaction is not dependent on any financing or due diligence conditions, and QXO has obtained antitrust clearance in both the U.S. and Canada.\"Beacon’s chairman, Stuart Randle, recently sold 21% of his shares at $94.80 per share, and CEO Julian Francis sold 10% of his shares at $97.91 per share—yet the Board continues to block its own shareholders from accepting QXO’s $124.25 per share all-cash offer,\" said Brad Jacobs, chairman and chief executive officer of QXO. \"The Board’s resistance is even more indefensible given Beacon’s weak performance","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/qxo-extends-tender-offer-acquire-120000027.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU2023251221.USD","LU1989772923.USD","LU2133065610.SGD","LU0320765646.SGD","LU0106261372.USD","LU1989772840.SGD","BK4588","LU1169589451.USD","LU0795875169.SGD","BK4097","LU1720051108.HKD","IE00BZ1G4Q59.USD","LU2271345857.HKD","LU0225283273.USD","LU1732799900.SGD","LU1169590202.USD","LU0971096721.USD","BK4585","LU1878469433.USD","QXO","LU0267386448.USD","LU0006306889.USD","LU2089284900.SGD","BK4534","LU0912757837.SGD","LU1074936037.SGD","LU2028103732.USD","LU2111349929.HKD","BK4127","LU1363072403.SGD","BK4104","BK4516","LU1548497426.USD","LU2357305700.SGD","LU1720051017.SGD","LU2347655156.SGD","LU0158827781.USD","LU1162221912.USD","LU1668664300.SGD","LU0098860793.USD","LU1732800096.USD","LU2089283258.USD","LU0314104364.USD","BK4504","LU0158827948.USD","LU0106831901.USD","BK4581","LU0795875086.SGD","IE00BKVL7J92.USD","BECN"],"gpt_icon":0},{"id":"2514738818","title":"Beacon Roofing sees 'headwinds' from tariffs and labor jitters from building contactors","url":"https://stock-news.laohu8.com/highlight/detail?id=2514738818","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514738818?lang=en_us&edition=fundamental","pubTime":"2025-02-27 22:03","pubTimestamp":1740664980,"startTime":"0","endTime":"0","summary":"CEO tells MarketWatch the company will continue to grow in 2025 despite Washington policies and a proxy battle with. Beacon Roofing Supply's Chief Executive Julian Francis said the industrial distribution company faces economic uncertainties around tariffs and potential labor shortages from a crackdown on illegal workers, but he still expects the business will grow in 2025.\"There are a lot of headwinds in the market,\" Francis told MarketWatch.The company is also facing a proxy battle this spring over its ownership after it rejected an $11 billion takeover offer from QXO Inc.  as too low.The Trump administration's effort to levy tariffs is expected to drive inflation, while its efforts to stem immigration worry the labor market and roofing contractors that participate in it, he said.Beacon Roofing's stock   was unchanged in premarket trading on Thursday.During the quarter, Beacon Roofing's business performed well in October but weakness crept into the market in November and December, he","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1169589451.USD","LU1878469433.USD","BECN","BK4104","QXO","LU1169590202.USD","BK4097"],"gpt_icon":0}],"pageSize":16,"totalPage":12,"pageCount":3,"totalSize":189}]}}