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Stock impact report

XPO Logistics Announces Public Filing of Form 10 Registration Statement for Planned Spin-Off of GXO Logistics

XPO, Inc. (XPO) 
Last xpo, inc. earnings: 2/10 04:15 pm Check Earnings Report
US:NYSE Investor Relations: xpo.com/investors
Company Research Source: GlobeNewswire
Raises full year 2021 guidance for adjusted EBITDA Provides 2022 guidance for GXO, including year-over-year adjusted EBITDA growth of 14% to 20% Targets third quarter 2021 completion of spin-off Announces Investor Days in New York and London GREENWICH, Conn., June 09, 2021 (GLOBE NEWSWIRE) --  XPO Logistics, Inc. (NYSE: XPO), a leading global provider of supply chain solutions, today announced the filing of a public Form 10 registration statement for GXO Logistics with the U.S. Securities and Exchange Commission. The Form 10 was filed in connection with XPO’s planned spin-off of its logistics segment into a separate publicly traded company. XPO expects to complete the spin-off in the third quarter of 2021, with GXO trading on the New York Stock Exchange, and is pursuing an investment-grade rating for both companies — GXO from day one, and XPO to follow. In addition, the company filed supplementary financial information for GXO and XPO pos Show less Read more
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