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McDonald’s Taps Swiss Franc Market Full of Global Corporates
  • November 12, 2024

McDonald’s Taps Swiss Franc Market Full of Global Corporates

(Bloomberg) -- McDonald’s Corp. sold its first Swiss franc-denominated bond since 2016, with the deal coming in the wake of an E. coli outbreak and disappointing third-quarter results.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationThe fast-food chain sold 550 million Swiss fran

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Danish police close investigation into Old Stock Exchange fire
  • November 12, 2024

Danish police close investigation into Old Stock Exchange fire

Danish police said Tuesday that they were closing the investigation into the devastating fire that destroyed more than half of Copenhagen’s Old Stock Exchange, saying nothing points at the blaze being the result of a criminal act. Despite extensive forensic investigations, review of surveillance and the questioning of a large number of witnesses, “it is not possible to determine the cause of the fire in the historic stock exchange building," said Brian Belling, the Copenhagen police officer in charge of the investigation. “Our assessment is that we have explored all relevant investigative possibilities in the case,” Belling told a press conference, adding that no one has been charged in the case.

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Wall Street bonuses will rise for the first time since 2021, consultant says
  • November 12, 2024

Wall Street bonuses will rise for the first time since 2021, consultant says

Wall Street firms are expected to pay heftier bonuses for this year, the first increase since a bumper year in 2021, according to a report by compensation consultancy Johnson Associates. Payouts will probably rise after financiers benefited from several factors in recent months: a recovery in dealmaking, the Federal Reserve cutting interest rates and equity markets surging to record highs, said the consultancy's founder, Alan Johnson. While bonuses will be more generous, they will remain below the record levels from 2021, when revenue and compensation were "abnormally good," Johnson said.

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Is it Too Late to Buy RTX (NYSE:RTX) Stock?
  • November 12, 2024

Is it Too Late to Buy RTX (NYSE:RTX) Stock?

It’s no secret that the stock market can experience significant volatility, moving sharply either up or down. These swings can quickly impact analysts’ ratings for a stock; within months, weeks, or even days, a “Buy” recommendation might shift to a “Hold” and vice versa. RTX Corporation (RTX), a leading aerospace and defense contractor, exemplifies this market volatility, having rallied 49% so far in 2024. Even if a stock starts from a point of substantial undervaluation, as I believe was the ca

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