Latest News of RXO
RXO, with Coyote in the fold, projects big jump in efficiency-driven savings
RXO's third-quarter earnings were impacted by the recent acquisition of Coyote Logistics, leading to a significant change in projections. Despite a stock decline, management remains optimistic about t...
How to play small-cap stocks: Ollie's and RXO
Josh Bennett of Alger discusses the advantages of investing in small-cap stocks during a rate-cutting cycle. He emphasizes the potential for small caps to outperform large caps due to favorable valuat...
RXO gets support from S&P after 2 big stock sales to fund Coyote acquisition
Standard & Poor's Global Ratings acknowledged 3PL RXO's steps to fund acquiring Coyote Logistics. Despite the positive feedback, the rating agency did not raise RXO's debt rating. S&P noted the compan...
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RXO completes $1.025B acquisition of Coyote Logistics
By Yahoo! Finance | 1 month agoRXO acquired Coyote Logistics from UPS, becoming the third-largest freight broker in North America. The $1.025 billion deal offers growth opportunities and expanded services, benefiting from each othe...
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RXO Scores Relative Strength Rating Upgrade
By Investor's Business Daily | 4 months agoRXO stock achieved a 91 RS Rating, a significant improvement indicating market leadership. It's crucial to track RS Ratings as they often lead to substantial gains. With recent growth in earnings and ...
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RXO's Coyote Deal -- All About Scale
By Yahoo! Finance | 4 months agoRXO Inc. is set to become the third largest North American freight broker by acquiring Coyote Logistics for $1.025 billion in 2024. The deal is expected to provide immediate benefits and cost synergie...
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Breaking down UPS' $1 Billion sale of Coyote to RXO | WHAT THE TRUCK?!?
By Yahoo! Finance | 4 months agoEpisode 727 of WHAT THE TRUCK?! discusses UPS' $1 billion sale of Coyote to RXO, analyzing the deal and the reasons behind Coyote's $700 million loss....
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RXO, Alnylam Pharmaceuticals rise; ResMed, Sonoco Products fall, Monday, 6/24/2024
By AP NEWS | 4 months agoStocks showing notable activity on Monday include RXO Inc. acquiring UPS' freight-brokerage business, Disney's "Inside Out 2" success, Apple facing EU digital competition accusations, ResMed slipping ...
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Why RXO Stock Is in the Fast Lane Today
By Yahoo! Finance | 4 months agoFreight brokerage RXO is acquiring Coyote Logistics from UPS for $1.025 billion, boosting its market share and scale. The deal marks a significant move for RXO, propelling its growth in the brokerage ...
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UPS sells Coyote Logistics for over $1 billion to RXO
By Yahoo! Finance | 4 months agoUPS has sold Coyote Logistics to RXO for $1.025 billion, focusing on small package delivery. Analysts view the deal favorably, making RXO the third-largest freight broker in the US. The purchase price...
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RXO Surges After Buying Coyote Logistics Unit From UPS for More Than $1 Billion
By Yahoo! Finance | 4 months agoUPS sold its Coyote Logistics unit to RXO for $1.025 billion in cash, making RXO the third-largest brokered transportation provider in North America. The deal will boost RXO's earnings and customer ba...
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These Stocks Are Moving the Most Today: Apple, Meta, Trump Media, UPS, RXO, Eli Lilly, and More
By MarketWatch | 4 months agoStock futures were slightly up as the S&P 500 saw gains last week. The Federal Reserve will release the personal consumption expenditures price index on Friday. Companies like Apple, Meta Platforms, T...
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UPS Sells Coyote Logistics to RXO for $1 Billion. This Company Got The Better Deal.
By MarketWatch | 4 months agoUnited Parcel Service (UPS) sold Coyote Logistics to RXO for $1 billion, impacting RXO's stock more. Coyote, a freight broker, matches shipping demand with truckers....
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RXO, Inc. (RXO) Stock Price, News, Quote & History - Yahoo Finance
By Yahoo! Finance | 4 months agoDrew Wilkerson, CEO of RXO, was recognized on the Charlotte Business Journal's Most Admired CEO list for 2024. The honor acknowledges his leadership, strategic vision, and innovation that contributed ...
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BREAKING: UPS sells Coyote to RXO
By Yahoo! Finance | 4 months agoUPS Inc. plans to sell Coyote Logistics to RXO for $1.025 billion. Coyote Logistics, based in Chicago, manages 10,000 daily loads and 10,000 carriers. UPS aims to focus on its core business as a small...