SilverSun Technologies, Inc. Stock News

GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced the pricing of its previously announced public offering of 89,887,640 shares of its common stock (the “Offering”) at a price to public of $22.25 per share. The Offering is expected to close on June 26, 2025, subject to customary closing conditions. QXO has granted the underwriters of the Offering a...

GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced it intends to make an offering of $2 billion of shares of its common stock (the “Offering”). QXO's common stock is listed on the New York Stock Exchange under the symbol “QXO.” QXO intends to grant the underwriters of the Offering an option to purchase up to an additional $300 million of shares of ...

I upgrade GMS to 'Hold' as QXO's acquisition offer and reasonable valuation provide a floor, despite ongoing end-market challenges. Wallboard and Ceiling segments show signs of stabilization, but Steel Framing and commercial markets remain weak amid high rates and policy uncertainty. Cost reductions and steady pricing support margin recovery, yet cash flow remains pressured and EBITDA growth is...

Shares of GMS have surged 29% following billionaire Brad Jacobs' QXO proposal to acquire the building-products distributor for about $5 billion in cash. Jacobs, who aims to grow QXO into a $50 billion revenue company within ten years, warned he is ready to pursue a hostile takeover if GMS's board rejects the offer by June 24.

Home Depot looks set to compete with QXO to acquire building-products distributor GMS.

GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) today sent a proposal to the President and CEO of GMS Inc. (NYSE: GMS) to acquire all outstanding shares of GMS for $95.20 per share in cash. The proposal implies a total transaction value of approximately $5 billion and reflects a 27% premium over GMS's 60-day volume-weighted average price of $74.82. “Our all-cash proposal to acquire GMS...

GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) announced today that Rachel Narveson, Founder and CEO of Proficient Construction in Lake Elmo, MN, is the winner of its 2025 North American Female Roofing Professional of the Year program, an annual campaign celebrating the outstanding contributions, leadership, and professionalism of women in the roofing industry. Now in its fifth year, ...

QXO plans to consolidate the fragmented building materials distribution industry, starting with its $11B Beacon Roofing Supply acquisition. CEO Brad Jacobs' extensive track record in industry consolidation is a key reason to believe he will do it once again. QXO's proprietary technology and scale give it an edge over its competitors in this massive industry.