Price: $209.66, Change: $+18.56, Percent Change: +9.71%
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Interactive Brokers' Daily Average Revenue Trades Rise in May
Interactive Brokers Group (IBKR) said Monday its daily average revenue trades for May rose 47% to almost 5 million from a year earlier.The measure was about 17% higher than in April, the firm said.Ending client equity was $937.3 billion, up 49% from a year ago, while client accounts grew 32%, the company added.Price: $89.20, Change: $+2.23, Percent Change: +2.56%
$IBKR
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Market Chatter: CoreWeave-Linked Data Center Developer Seeks $850 Million Junk Bond Financing
CoreWeave (CRWV) is linked to a data center project in the Chicago area that developer Elk Grove Village Property plans to finance with an $850 million junk-bond sale, Bloomberg reported Monday, citing a person with direct knowledge of the matter.The "build-to-suit hyperscale data center" is fully leased to CoreWeave for 15 years, with renewal options, and represents about $2.2 billion in revenue under the lease, the report said, adding that Banco Santander (SAN) is managing the bond sale.CoreWeave, Elk Grove Village Property, and Banco Santander didn't immediately reply to' request for comments.Shares of CoreWeave were up more than 12% in Monday afternoon trading.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $122.89, Change: $+13.36, Percent Change: +12.20%
$CRWV$SAN
Wire
B&G Foods Plans $475 Million Senior Notes Offering
B&G Foods (BGS) said Monday it plans to issue $475 million of senior notes due 2031.The company will use the net proceeds, cash, and revolving credit facility borrowings to redeem $509.3 million of outstanding 5.25% senior notes due 2027, it said.Certain domestic units will guarantee the securities on a senior unsecured basis, the company said.Shares of the company were down about 2.9% in Monday trading.Price: $3.97, Change: $-0.12, Percent Change: -2.93%
$BGS