Roper Technologies (ROP) prices senior unsecured notes worth $2 billion in aggregate principal amount. The net proceeds will pay down part of its borrowings and meet general corporate purposes.
Goldman Sachs asserts that the recent surge in European natural gas prices, triggered by concerns over the Ukraine conflict, is exaggerated and unlikely to persist.
US consumers, strained by years of higher prices and interest rates, are changing where they shop. They are spending at discount chains like Target and Walmart and dialing back at Macy’s and Lowe’s.