Boston Globe Names Beacon Roofing Supply Top Massachusetts IPO Company of 2004.PEABODY, Mass. -- Beacon Roofing Supply, Inc. (Nasdaq: BECN (Backward Explicit Congestion Notification) A frame relay message that notifies the sending device that a congestion avoidance procedure should be initiated. See FECN. ) was named the top-performing IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. company in Massachusetts in 2004 by the Boston Globe in a May 17, 2005 special business insert titled "Globe 100" under "Big Crop of New Issues Reflects Market Revival". Beacon Roofing Supply was recognized as the strongest performer among the state's new publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. , including the achievement of strong sales and profits as well as a 68.3% rise in the Company's stock price from its IPO date through March 31, 2005. Robert Buck Robert Buck can refer to:
Beacon Roofing Supply, Inc. is a leading distributor of roofing materials and complementary building products with 83 branches in key metropolitan markets in the Northeast, Mid-Atlantic, Southeast and Southwest regions of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and in Eastern Canada. |
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