By Savyata Mishra and Juveria Tabassum (Reuters) -Home Depot said on Monday unit SRS Distribution has agreed to acquire specialty building products distributor GMS for about $4.3 billion, stepping up its efforts to capture more demand from professional contractors. The deal also comes amid threats of a hostile takeover for GMS from billionaire Brad Jacobs-led rival QXO. Home improvement retailers ...
(Reuters) -Global ratings agency Fitch on Monday revised its outlook on U.S. planemaker Boeing (NYSE:BA) to ’stable’ from ’negative’ and affirmed its ’BBB-’ rating, citing improved financial flexibility and production. The revision in outlook comes as a relief for Boeing, which has resolved its labor dispute and is undergoing a broader transformation under current CEO Kelly Ortberg. Ma ...
Investing.com -- New Fortress Energy (NASDAQ:NFE) stock surged 36% following news from El Nuevo Día that the company has secured a 15-year contract to supply liquefied natural gas (LNG) to multiple power plants. The energy infrastructure company, along with Crowley, was selected to provide natural gas to five power plants and upcoming rapid response units in Puerto Rico, according to local newspa ...
Investing.com – Greece stocks were lower after the close on Monday, as losses in the Telecoms, Household and Basic Resources sectors led shares lower. At the close in Athens, the Athens General Composite lost 0.48%. The best performers of the session on the Athens General Composite were Cars Motorcycles and Marine Engine Trade and Import Company SA (AT:MTDr), which rose 3.63% or 0.09 points to t ...