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Keurig Dr Pepper raises $2 billion stock offering to cut debt ahead of split

Keurig Dr Pepper raises $2 billion stock offering to cut debt ahead of split

Nov 12 (Reuters) - Keurig Dr Pepper said on Thursday it had raised about $2 billion in a public offering, as the beverage maker seeks to reduce debt ahead of its planned split into two publicly traded companies early next year. The company priced its offering of 58 million shares at $34.50 each.
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Qualcomm Initiates Workforce Reductions in India Amidst Diversification Efforts

Qualcomm Initiates Workforce Reductions in India Amidst Diversification Efforts

Qualcomm Initiates Workforce Reductions in India Amidst Diversification Efforts
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Banks Bar Chinese and Hong Kong Investors from Anthropic IPO Citing US Export Controls

Banks Bar Chinese and Hong Kong Investors from Anthropic IPO Citing US Export Controls

Banks Bar Chinese and Hong Kong Investors from Anthropic IPO Citing US Export Controls
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Exclusive-Investors flock to Anthropic IPO but question durability of AI lead

Exclusive-Investors flock to Anthropic IPO but question durability of AI lead

By Milana Vinn, Echo Wang and Krystal Hu Nov 13 (Reuters) - Institutional-investor interest in Anthropic’s initial public offering is outpacing the early days of SpaceX's roadshow, according to two people familiar with the companies’ offerings.
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General Dynamics Reports Record Backlog and Increased 2026 Earnings Forecast Amid Strong Q3 Performance

General Dynamics Reports Record Backlog and Increased 2026 Earnings Forecast Amid Strong Q3 Performance

General Dynamics Reports Record Backlog and Increased 2026 Earnings Forecast Amid Strong Q3 Performance
ReutersReuters
Keurig Dr Pepper prices $2 billion stock offering to cut debt ahead of split

Keurig Dr Pepper prices $2 billion stock offering to cut debt ahead of split

Nov 12 (Reuters) - Keurig Dr Pepper said on Thursday it has priced its public offering of nearly 58 million shares at $34.50 each, raising about $2 billion, as the beverage maker seeks to reduce debt ahead of its planned split into two publicly traded companies early next year.
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American Barrick Gold Files for NYSE IPO, Targeting Up to $6 Billion Fundraise

American Barrick Gold Files for NYSE IPO, Targeting Up to $6 Billion Fundraise

American Barrick Gold Files for NYSE IPO, Targeting Up to $6 Billion Fundraise
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GlobalFoundries Reports Record Q3 Adjusted Gross Margin, Projects Higher Q4 Revenue Amid U.S. Fab Expansion

GlobalFoundries Reports Record Q3 Adjusted Gross Margin, Projects Higher Q4 Revenue Amid U.S. Fab Expansion

GlobalFoundries Reports Record Q3 Adjusted Gross Margin, Projects Higher Q4 Revenue Amid U.S. Fab Expansion
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US regional bank Hancock Whitney strikes around $3.2 billion deal for Trustmark

US regional bank Hancock Whitney strikes around $3.2 billion deal for Trustmark

Nov 12 (Reuters) - US regional lender Hancock Whitney will buy smaller peer Trustmark in a roughly $3.2 billion all-stock deal, the Mississippi-based banks announced on Thursday.
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AI to stay dominant force behind US business investment in 2027, Goldman says

AI to stay dominant force behind US business investment in 2027, Goldman says

Nov 12 (Reuters) - Goldman Sachs on Wednesday forecast annualized spending on artificial intelligence-related hardware and intellectual property will climb to $1.4 trillion by the end of 2027, equivalent to nearly 4% of the US economy.
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Citigroup CEO Jane Fraser Dismisses Dot-Com Style Reckoning for S 500 Amid Tech Sell-Off

Citigroup CEO Jane Fraser Dismisses Dot-Com Style Reckoning for S 500 Amid Tech Sell-Off

Citigroup CEO Jane Fraser Dismisses Dot-Com Style Reckoning for S 500 Amid Tech Sell-Off
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Baird downgrades Nvidia on China curbs, AI demand worries

Baird downgrades Nvidia on China curbs, AI demand worries

Nov 11 - Baird downgraded Nvidia and cut its price target by 60% on Wednesday, citing growing risks from US restrictions on chip sales to China and a potential slowdown in AI spending that could weigh on demand for its prized chips.