Customers Bank, a unit of Customers Bancorp ( CUBI ), said Tuesday it is partnering with ElevenLabs to deploy AI-powered voice and chat agents across customer service and internal operations. The bank said the collaboration will support always-on customer interactions, real-time employee assistance, and streamlined account opening processes, as it seeks to enhance service while maintaining its hig...
Customers Bank, a unit of Customers Bancorp ( CUBI ), said Tuesday it is partnering with ElevenLabs to deploy AI-powered voice and chat agents across customer service and internal operations. The bank said the collaboration will support always-on customer interactions, real-time employee assistance, and streamlined account opening processes, as it seeks to enhance service while maintaining its high-touch banking model. More on Customers Bancorp Customers Bancorp, Inc. (CUBI) Q1 2026 Earnings Call Transcript Customers Bancorp, Inc. 2026 Q1 - Results - Earnings Call Presentation Customers Bancorp: As Much As I Want To, I Can't Keep My 'Buy' Rating Customers Bancorp partners with OpenAI for AI deployment across commercial banking unit Customers Bancorp reaffirms 2026 net interest income growth of 7%-11% while expanding $30M operational excellence target
Whirlpool ( WHR ) priced a $2B senior secured second-lien notes offering, up from the previously announced $1.5B size. The offering includes $1B of 7.500% Senior Secured Second Lien Notes due 2031. It also includes $1B of 7.875% Senior Secured Second Lien Notes due 2034. The 2031 notes mature on July 1, 2031, while the 2034 notes mature on July 1, 2034. Interest on both note series will accrue fro...
Whirlpool ( WHR ) priced a $2B senior secured second-lien notes offering, up from the previously announced $1.5B size. The offering includes $1B of 7.500% Senior Secured Second Lien Notes due 2031. It also includes $1B of 7.875% Senior Secured Second Lien Notes due 2034. The 2031 notes mature on July 1, 2031, while the 2034 notes mature on July 1, 2034. Interest on both note series will accrue from June 16, 2026 and be paid semi-annually. The transaction is expected to close on June 16, 2026. Whirlpool plans to use the proceeds, together with borrowings under its new asset-based lending facility, primarily to refinance existing debt. Proceeds will fund the repayment of 1.250% Senior Notes due 2026 and 1.100% Senior Notes due 2027 through a tender offer and consent solicitation. The company also intends to repay borrowings under its existing unsecured revolving credit facility. A portion of the proceeds will be used to cover transaction-related fees and expenses. More on Whirlpool Whirlpool: Bad News May Finally Be Priced In (Upgrade) Whirlpool: Downgrading Because Of Dividend Suspension, Margin Compression, And Dilution Whirlpool Corporation (WHR) Q1 2026 Earnings Call Transcript These 10 mid-cap U.S. consumer discretionary stocks rank among the market's cheapest valuations Whirlpool plans $1.5 billion secured note offering
(Bloomberg) -- Broadcom Inc.’s promise to backstop the largest portion of a record-setting microchip financing deal for Anthropic is keeping yields for the deal in check, according to people familiar with the matter. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Trump to Get Audit Immunity as $1...
(Bloomberg) -- Broadcom Inc.’s promise to backstop the largest portion of a record-setting microchip financing deal for Anthropic is keeping yields for the deal in check, according to people familiar with the matter. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Trump to Get Audit Immunity as $1.8 Billion Fund in DoubtAndrew Left Found Guilty in Case That Spooked Short SellersAlphabet to Raise
NRx Pharmaceuticals ( NRXP ) said Tuesday it plans to launch an underwritten public offering of common stock, with the underwriter granted a 30-day option to purchase up to an additional 15% of shares sold. The clinical-stage biopharmaceutical company said it intends to use the proceeds for working capital and general corporate purposes. Terms of the offering were not disclosed. BTIG is acting as ...
NRx Pharmaceuticals ( NRXP ) said Tuesday it plans to launch an underwritten public offering of common stock, with the underwriter granted a 30-day option to purchase up to an additional 15% of shares sold. The clinical-stage biopharmaceutical company said it intends to use the proceeds for working capital and general corporate purposes. Terms of the offering were not disclosed. BTIG is acting as lead bookrunner, with Lucid Capital Markets serving as joint bookrunning manager. More on NRx Pharmaceuticals NRx Pharmaceuticals: 'Sell' On ZYESAMI/NRX-101 Failures & Depression Market Uncertainty NRx Pharmaceuticals, Inc. (NRXP) Q1 2026 Earnings Call Transcript NRx Pharmaceuticals, Inc. (NRXP) Q4 2025 Earnings Call Transcript NRx Pharmaceuticals targets summer 2026 KETAFREE approval as it scales to 1M units per batch Seeking Alpha’s Quant Rating on NRx Pharmaceuticals
S&P 500, Nasdaq, Dow Futures Ease After Another Record Close As AI Momentum Cushions Iran's Expanding Strikes: MRVL, AVGO, MSFT, PANW In Focus Stocktwits
S&P 500, Nasdaq, Dow Futures Ease After Another Record Close As AI Momentum Cushions Iran's Expanding Strikes: MRVL, AVGO, MSFT, PANW In Focus Stocktwits
SpaceX is planning to set the terms of its initial public offering as early as Wednesday afternoon, according to people familiar with the matter, ahead of what’s expected to be the biggest ever listing. An amended filing for Elon Musk ’s rocket launch, satellite and AI company is expected to disclose the price range and number of the shares it intends to sell, the people said, asking not to be ide...
SpaceX is planning to set the terms of its initial public offering as early as Wednesday afternoon, according to people familiar with the matter, ahead of what’s expected to be the biggest ever listing. An amended filing for Elon Musk ’s rocket launch, satellite and AI company is expected to disclose the price range and number of the shares it intends to sell, the people said, asking not to be identified as the details aren’t public. Companies can begin formally marketing their IPOs after their filing has been public for 15 days. Setting the terms the night before the briefings begin would give investors more time to assess the valuation, especially given SpaceX is planning a relatively short roadshow with pricing as soon as June 11, Bloomberg News reported. Read More: SpaceX IPO Forces Wall Street to Reorganize Around It Details of the offering including timing could still change, the people said. The Information first reported the plan to release the filing earlier. A spokesperson for SpaceX didn’t immediately respond to a request for comment. The company is seeking to raise as much as $75 billion, people familiar with the matter have said, which would more than double the $29.4 billion raised by record-holder Saudi Aramco in 2019. SpaceX is currently targeting a valuation of at least $1.8 trillion in the IPO, Bloomberg News reported . For the latest news on equity capital markets activity in the US, Canada and Latin America, terminal users can follow the channel or visit NI BFWECMUS . To subscribe to ECM Watch , Bloomberg’s daily roundup of news from around the region, click here . SpaceX’s speedy timeline since it first filed confidentially in March and then publicly last month comes as AI rivals OpenAI and Anthropic PBC are looking to push ahead with their own listings. Alphabet Inc. , which has its own large language models and AI infrastructure businesses, revealed plans for a record $80 billion equity offering late Monday, highlighting the race for capital b...
Arch Capital Group ( ACGL ) announced on Tuesday a $2B public offering of senior notes, including $600M of 5.250% notes due 2036 and $1,400M of 5.950% notes due 2056. The company plans to use part of the proceeds to repay its $500M of 4.011% senior notes due 2026, while the other part will be used for general corporate purposes. Funds will also be used for tender offers on its 2043 notes (5.144% s...
Arch Capital Group ( ACGL ) announced on Tuesday a $2B public offering of senior notes, including $600M of 5.250% notes due 2036 and $1,400M of 5.950% notes due 2056. The company plans to use part of the proceeds to repay its $500M of 4.011% senior notes due 2026, while the other part will be used for general corporate purposes. Funds will also be used for tender offers on its 2043 notes (5.144% senior notes) and 2046 notes (5.031% senior notes) through its subsidiaries. The offering is expected to close on June 9, 2026, while the stock ended the session 1.26% lower at $87.62. Source: Press Release More on Arch Capital Arch Capital Group Ltd. (ACGL) Q1 2026 Earnings Call Transcript Arch Capital: Shrewd Capital Allocation And Underwriting Deliver In Q1 Arch Capital Group Ltd. (ACGL) Presents at RBC Capital Markets Global Financial Institutions Conference 2026 Transcript Arch signals ~$250M 2026 net premium headwind as it tightens underwriting in a more competitive market Arch Capital non-GAAP EPS of $2.50 beats by $0.04