UPDATE: Deutsche Bank Starts GXO Logistics Inc. (GXO) at Buy
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
GXO Adds Jason Papastavrou to Board of Directors
August 2, 2021 4:15 PM EDTGREENWICH, Conn., Aug. 02, 2021 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) announced the appointment of Jason Papastavrou, Ph.D., to its board of directors upon todays spin-off of the company from... More
GXO Adds Jason Papastavrou to Board of Directors
August 2, 2021 4:15 PM EDTGREENWICH, Conn., Aug. 02, 2021 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) announced the appointment of Jason Papastavrou, Ph.D., to its board of directors upon todays spin-off of the company from XPO... More
GXO Logistics, Inc. Completes Spin-Off from XPO Logistics, Inc.; Begins Trading on New York Stock Exchange as World’s Largest Pure-Play Contract Logistics Provider
August 2, 2021 8:00 AM EDTGREENWICH, Conn., Aug. 02, 2021 (GLOBE NEWSWIRE) -- GXO Logistics (NYSE: GXO) (GXO or the company) today began its first day of regular way trading on the New York Stock Exchange as its leadership team and board members celebrated GXO becoming an independent, publicly traded company by ringing the Opening Bell®. GXO is the former global logistics segment of XPO Logistics (NYSE:... More
GXO Logistics, Inc. Completes Spin-Off from XPO Logistics, Inc.; Begins Trading on New York Stock Exchange as World’s Largest Pure-Play Contract Logistics Provider
August 2, 2021 8:00 AM EDTGREENWICH, Conn., Aug. 02, 2021 (GLOBE NEWSWIRE) -- GXO Logistics (NYSE: GXO) (GXO or the company) today began its first day of regular way trading on the New York Stock Exchange as its leadership team and board members celebrated GXO becoming an independent, publicly traded company by ringing the Opening Bell®. GXO is the former global logistics segment of XPO Logistics (NYSE: XPO) and successfully spun... More
XPO Logistics Announces Board of Directors for Post-Spin-Off Company
August 2, 2021 7:05 AM EDTGREENWICH, Conn. , Aug. 02, 2021 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO), a leading global provider of freight transportation services, today announced that its new slate of directors has become effective with the closing of its spin-off transaction. XPO completed the spin-off of its global logistics segment as GXO Logistics at 12:01 a.m. Eastern Time on August 2, 2021.
As previously announced, Brad Jacobs, XPOs chief executive officer, will continue as chairman. AnnaMaria DeSalva and Michael Jesselson will remain in the roles of vice chairman... More
XPO Logistics Completes Spin-Off of GXO Logistics
August 2, 2021 7:00 AM EDTGREENWICH, Conn. , Aug. 02, 2021 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO) today announced that it has completed the previously announced spin-off of GXO Logistics, Inc., creating two independent, publicly traded companies. XPO is a leading provider of freight transportation services, primarily less-than-truckload transportation and truck brokerage services, and GXO is the largest pure-play contract logistics provider in the world. XPO shares will continue to trade on the New York Stock Exchange under the symbol XPO and, effective today, GXO will begin regular way... More