Latest news with #Greenwich
The Sun
a day ago
- Business
- The Sun
EFL stadium kitted out with £7m of equipment from the Millennium Dome with kids' play area turned into training centre
AN EFL stadium is packed to the Gills with trinkets from the Millennium Dome. Priestfield Stadium has been home to Gillingham since the club's formation in 1893. 3 3 3 Former Gills chairman Paul Scally grabbed a selection of bargains after the infamous London project was phased out in 2001. The government auctioned off thousands of items following the Dome's demise. Scally - who bought Gillingham for £1 in 1995 - spotted an opportunity. And the 69-year-old got carried away with his bidding at the auction 23 years ago. Scally estimates the club received up to £7million worth of equipment after shelling out just £750,000. The purchases helped Gillingham refurbish a new Priestfields stand at a knock-down price. While the club megastore boasted £250,000 of fittings bought for just £5,000. Scally explained to Sky Sports: "It was a case of being in the right place at the right time. "I've bought tea trolleys, ovens, fire extinguishers, 300 sets of bone china, glasses and all sorts on top of the bigger stuff. "This has allowed us to move the club forward quicker than I had envisaged. We just kept going back to the site for more gear. Abandoned EFL stadium left to rot with pitch covered in weeds just five years after hosting final match "I bought a seven-and-a-half ton lorry to transport everything and we must have made 100 trips to Greenwich. "I've had to borrow a 10,000 sq ft warehouse off a mate because there isn't enough room at the ground for everything." Scally also managed to get his hands on a new indoor training centre. Valued at £1.5million, the Gills chairman converted an 80m x 40m play area from the Dome for just £70,000. Scally gained control of the club in 1995 for a nominal fee of £1, but also took on its £1.5m debt. He sold his controlling stake to US property magnate Brad Galinson in December 2022, while continuing as a non-executive director. Scally was voted off the club's board last year. Gillingham are currently in League Two, having bounced around the third and four tiers for the past two decades. They spent five seasons in the Championship from 2000, but have not returned since relegation in 2005.
Globe and Mail
2 days ago
- Business
- Globe and Mail
XPO Schedules Second Quarter 2025 Earnings Conference Call for Thursday, July 31, 2025
Greenwich, Conn., June 26, 2025 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO) will hold its second quarter conference call and webcast on Thursday, July 31, at 8:30 a.m. Eastern Time. The company's results will be released earlier that morning and made available on Access information: Call toll-free from US/Canada: 1-877-269-7756 International callers: +1-201-689-7817 Live webcast online at: A replay of the conference call will be available until August 30, 2025, by calling toll-free (from US/Canada) 1-877-660-6853; international callers dial +1-201-612-7415. Use the passcode 13754630. Additionally, the call will be archived on About XPO XPO, Inc. (NYSE: XPO) is a leader in asset-based less-than-truckload (LTL) freight transportation in North America. The company's customer-focused organization efficiently moves 17 billion pounds of freight per year, enabled by its proprietary technology. XPO serves approximately 55,000 customers with 606 locations and 38,000 employees in North America and Europe, and is headquartered in Greenwich, Conn., USA. Visit for more information, and connect with XPO on LinkedIn, Facebook, X, Instagram and YouTube. Investor Contact Brian Scasserra +1-617-607-6429 Media Contact Cole Horton +1-203-609-6004
Bloomberg
3 days ago
- Business
- Bloomberg
AQR Bets on Levered Trades in First New US Mutual Funds in Years
AQR Capital Management is doubling down on a strategy that seeks to juice returns with leverage for its first new US mutual funds in four years. The Greenwich, Connecticut-based quant pioneer debuted three funds Wednesday after launching one last week, all of which employ an asset-allocation approach known as 'portable alpha.'
BBC News
3 days ago
- Politics
- BBC News
Greenwich pub fights to keep riverside seating
Bosses at a Greenwich riverside pub could have to call time on most of its outdoor seating area after the council demanded its Council says the tables that snake around the Thames Path at the Trafalgar Tavern are "visual clutter". The council, which said this "prevents people from enjoying the view of the river, and it doesn't provide access", has issued an enforcement notice to remove the Frank Dowling told BBC London: "I don't think there's a problem, because there's a 5ft walkway. So maybe there is the minor inconvenience of walking around someone." The council's notice is a move that has angered many, including the Jones family, who are regular visitors. "I think there's still space for them to bring prams and things like that through and there's still bikes and things like that that come through," one family member said."I think it would be a shame if they got rid of it because it's a lovely area." Another family member said: "It is a bit busy when there's bikes and things coming past but it's part of the experience."I think this is a lovely classic pub so I think it should stay."It's lovely being by the river, seeing all the sights, it's just an amazing place. It's got a really nice energy about it."The Tavern has appealed against the council's enforcement notice, saying it could lead to more than 70 job losses. A Royal Borough of Greenwich spokesperson said: "We have been notified that the Trafalgar Tavern has appealed [against] the enforcement notice to the Planning Inspectorate and a hearing is scheduled for later this summer."In the circumstances it would not be appropriate for the council to make any further comment at this stage."The Tavern dates back to 1837, having been a notable hub for merchants, sailors and politicians.
Yahoo
3 days ago
- Business
- Yahoo
QXO Announces Pricing of Common Stock Offering
GREENWICH, Conn., June 25, 2025--(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 an option to purchase up to an additional 13,483,146 shares of common stock at the public offering price less underwriting discounts and commissions. QXO intends to use the net proceeds from the Offering for general corporate purposes, which may include, among other things, funding future acquisitions of businesses. Goldman Sachs & Co. LLC, Morgan Stanley and Wells Fargo Securities are acting as underwriters for the Offering. The Offering is being made by means of a prospectus supplement under QXO's effective registration statement on Form S-3ASR, as filed with the Securities and Exchange Commission (the "SEC"). This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor does it constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale is unlawful. The Offering may be made only by means of a prospectus supplement relating to such Offering and the accompanying prospectus. Copies of the final prospectus supplement for the Offering and the accompanying prospectus can be obtained from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at 1-866-471-2526, or by e-mail at prospectus-ny@ Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; and Wells Fargo Securities, LLC, 90 South 7th Street, 5th Floor, Minneapolis, MN 55402, by telephone at 800-645-3751 (option #5), or by e-mail at WFScustomerservice@ About QXO QXO is the largest publicly traded distributor of roofing, waterproofing and complementary building products in the United States. The company plans to become the tech-enabled leader in the $800 billion building products distribution industry and generate outsized value for shareholders. QXO is targeting $50 billion in annual revenues within the next decade through accretive acquisitions and organic growth. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements. Statements that are not historical facts, including statements about beliefs, expectations, targets or goals, the use of proceeds of the Offering and the expected closing date of the Offering, are forward-looking statements. These statements are based on plans, estimates, expectations and/or goals at the time the statements are made, and readers should not place undue reliance on them. In some cases, readers can identify forward-looking statements by the use of forward-looking terms such as "may," "will," "should," "expect," "opportunity," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential," "target," "goal," or "continue," or the negative of these terms or other comparable terms. Forward-looking statements involve inherent risks and uncertainties and readers are cautioned that a number of important factors could cause actual results to differ materially from those contained in any such forward-looking statements. Factors that could cause actual results to differ materially from those described herein include, among others: an inability to obtain the products we distribute resulting in lost revenues and reduced margins and damaging relationships with customers; a change in supplier pricing and demand adversely affecting our income and gross margins; a change in vendor rebates adversely affecting our income and gross margins; our inability to identify potential acquisition targets or successfully complete acquisitions on acceptable terms; risks related to maintaining our safety record; the possibility that building products distribution industry demand may soften or shift substantially due to cyclicality or dependence on general economic and political conditions, including inflation or deflation, interest rates, governmental subsidies or incentives, consumer confidence, labor and supply shortages, weather and commodity prices; the possibility that regional or global barriers to trade or a global trade war could increase the cost of products in the building products distribution industry, which could adversely impact the competitiveness of such products and the financial results of businesses in the industry; seasonality, weather-related conditions and natural disasters; risks related to the proper functioning of our information technology systems, including from cybersecurity threats; loss of key talent or our inability to attract and retain new qualified talent; risks related to work stoppages, union negotiations, labor disputes and other matters associated with our labor force or the labor force of our suppliers or customers; the risk that the anticipated benefits of our acquisition of Beacon Roofing Supply, Inc. (the "Beacon Acquisition") or any future acquisition may not be fully realized or may take longer to realize than expected; the effect of the Beacon Acquisition or any future acquisition on our business relationships with employees, customers or suppliers, operating results and business generally; the possibility that we may not engage in discussions with respect to, proceed with or consummate the proposed acquisition of GMS, Inc. ("GMS") or, if we do consummate a transaction with GMS, such transaction may not be on the terms proposed or within the anticipated time frame; unexpected costs, charges or expenses resulting from the Beacon Acquisition or any future acquisition or difficulties in integrating and operating acquired companies; the risk that the Company is or becomes highly dependent on the continued leadership of Brad Jacobs as chairman and chief executive officer and the possibility that the loss of Mr. Jacobs in these roles could have a material adverse effect on the Company's business, financial condition and results of operations; the possibility that the Company's outstanding warrants and preferred stock may or may not be converted or exercised, and the economic impact on the Company and the holders of common stock of the Company that may result from either such exercise or conversion, including dilution, or the continuance of the preferred stock remaining outstanding, and the impact its terms, including its dividend, may have on the Company and the common stock of the Company; challenges raising additional equity or debt capital from public or private markets to pursue the Company's business plan and the effects that raising such capital may have on the Company and its business; the possibility that new investors in any future financing transactions could gain rights, preferences and privileges senior to those of the Company's existing stockholders; risks associated with periodic litigation, regulatory proceedings and enforcement actions, which may adversely affect the Company's business and financial performance; the impact of legislative, regulatory, economic, competitive and technological changes; unknown liabilities and uncertainties regarding general economic, business, competitive, legal, regulatory, tax and geopolitical conditions; and other factors, including those set forth in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and subsequent Quarterly Reports on Form 10-Q. Forward-looking statements should not be relied on as predictions of future events, and these statements are not guarantees of performance or results. Forward-looking statements herein speak only as of the date each statement is made. QXO does not undertake any obligation to update any of these statements in light of new information or future events, except to the extent required by applicable law. View source version on Contacts Media Joe 203-609-9650Investor Mark 203-321-3889 Sign in to access your portfolio
