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 Chinese face mask
manufacturers are reopening factories shut for a national
holiday, promising workers up to four times their normal wages
as consumers emptied out stock in stores in a race to protect
themselves from the new coronavirus infection.
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Trump tapes help incriminate the President at his own trial CNNA Most Progressive Trump Impeachment The Wall Street JournalAt Senate impeachment trial, restless lawmakers struggle to sit through Schiff's opening argument Fox NewsThe American People Are Being Scammed by Mitch McConnell The New York TimesMitch McConnell'
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* STMicroelectronics climbs on upbeat results
(Adds quote, details; updates prices)
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Discover Financial will release its Q4 and full-year 2019 results on Thursday, January 23. Trefis details expectations from the card & payments giant in an interactive dashboard, parts of which we highlight below. We believe that Discover Financial will likely report a revenues beat for FY19...
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Coronavirus Deaths Are So Far Mostly Older Men, Many With Health Issues The New York TimesThe deadly new coronavirus has reached the US. Here's how to protect yourself CNNWhy Wuhan Is at the Center of the Viral Outbreak BloombergWuhan under lockdown amid deadly viral outbreak ABC News
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 World shares fell on Thursday, led by the biggest decline in Chinese stocks in more than eight months, as concern mounted about the spread of a deadly virus in China.
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Tourists from China now account for over 15% of total short-term inbound travelers to Australia, as compared with just 4% in 2003, according to Moody's.
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Britain's tax policy is a matter
for the British government, not the United States or the
European Union, trade minister Liz Truss said on Thursday when
asked about pressure from the U.S. administration over a planned
digital tax.
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World shares fell on Thursday,
led by the biggest decline in Chinese stocks in more than eight
months, as concern mounted about the spread of a deadly virus in
China.
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Boeing Co's new
chief executive has sent the aerospace giant back to the drawing
board on proposals for a new mid-market aircraft, effectively
shelving in their current form plans worth $15 billion-$20
billion that had been overtaken by the 737 MAX crisis.
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On Thursday, all seven Chinese films scheduled for release during the upcoming Lunar New Year holiday announced they were pulling screenings.
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China is putting on lockdown a
city of 11 million people considered the epicentre of a new
coronavirus outbreak that has killed 17 and infected nearly 600,
as health authorities around the world scramble to prevent a
global pandemic.
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 (Bloomberg) -- Sign up for Next China, a weekly email on where the nation stands now and where it's going next.Panic coursed through the world's second-largest equity market as investors sold stocks on concern a deadly virus will worsen over China's week-long trading break.The Shanghai Composite Index settled 2.8% lower after the close of trading, the worst end to a Lunar Year in its three-decade history. More than 90% of the mainland's 4,000 stocks fell on volumes that were 20% above average, with foreign traders selling a record $1.7 billion worth of the shares via links with Hong Kong. The yuan weakened as much as 0.4% and government bond futures rose to the highest since 2016.Pressure is building on Beijing to contain a new SARS-like virus that's killed at least 17 people and infected hundreds. The coronavirus first appeared last month in the city of Wuhan in central China, a city with 11 million residents -- more than in London or New York -- that's now essentially in lockdown after officials halted public travel.Inside China's Virus Zone, Unease Grips a City in Lockdown"Fear and panic are rampant," said Wang Daixin, a fund manager at Bristlecon Pine Asset Management Ltd. "It's hard to tell how bad things will get before a turn for the better. I didn't get out when I had the chance to, so now I might as well sit it out rather than lose money. Others are offloading at whatever cost."The virus and its potential impact on the economy and financial system pose a growing challenge for President Xi Jinping. It c
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Comcast Corporation is slated to release its Q4 and full-year 2019 results on January 23, 2020. Trefis details expectations from the company in an interactive dashboard, parts of which are highlighted below. We believe that though Comcast's earnings are expected to miss consensus marginally...
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 President Donald Trump has taken a few digs at 17-year-old environmental activist Greta Thunberg, and now Treasury Steven Mnuchin has as well.
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Freeport-McMoRan is slated to release its Q4 and full-year 2019 results on January 23, 2020. Trefis details expectations from the copper and gold mining giant in an interactive dashboard, parts of which are highlighted below. We believe that Freeport-McMoRan's revenues and earnings for FY 2019...
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Oil prices fell to their lowest in seven weeks on Thursday, sliding more than 1% on concern that the spread of a respiratory virus from China may lower fuel demand if it stunts economic growth in an echo of the SARS epidemic nearly 20 years ago.
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 (Bloomberg) -- Even after more than doubling his Tesla Inc. price target, UBS Group AG analyst Patrick Hummel still recommends that investors sell the electric-car maker.With the shares worth more than twice as much as they were at the beginning of October, UBS's increased target of $410 is still 28% below the last closing price of $569.56.While Tesla has the potential to become the most profitable original equipment manufacturer (OEM), the positives are "taken for granted" at the current price, according to Hummel, who sees the company's volumes doubling by 2022.Having the biggest long-term opportunity in autonomous vehicles, Tesla justifies a market value "well above" most incumbent OEMs, Hummel wrote in a note to restart coverage of the stock. Still, risks in execution and U.S. demand following the phase-out of electric vehicle tax credits seem to get ignored, he said.The shares have surged of late amid a surprise third-quarter profit and strong deliveries for the fourth quarter, while the company's market capitalization topped $100 billion on Wednesday.Just this week, Tesla's biggest bull predicted that the stock could reach a level as high as $960 by early 2021. The stock has nine buy ratings, 11 holds and 17 sells, with an average price target of about $370, according to Bloomberg consensus estimates.The shares fell 1.2% in U.S. pre-market trading, also weighed down by a downgrade to neutral from outperform at Exane BNP Paribas. Tesla is due to report quarterly earnings next Wednesday.(Updates with more ana
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BP's finance chief Brian Gilvary is to step down in June after eight years in the role and will be replaced by a close ally of Bernard Looney who takes over as chief executive next month.
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What we know about the proceedings so far as the president is accused of undermining democracy
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NTRS earnings call for the period ending December 31, 2019.
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David Calhoun, who committed to restarting production of the plane as soon as April, will be accountable for the new timeline, which he said allows for a gradual increase in production and simulator training for pilots.
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2020-01-22 0001562180-20-000489 9 KB
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Chinese city quarantines 11 million as virus spreads CBS Evening NewsGovernments need people's trust to stop an outbreak. Where does that leave us? The Washington PostThe deadly new coronavirus has reached the US. Here's how to protect yourself CNNWhat is coronavirus and how worried should we be? The GuardianWuhan under lockdown amid deadly viral outbreak ABC News
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Boeing Chief Executive Dave Calhoun told reporters on Wednesday the U.S. planemaker expects to resume 737 MAX production months before its forecasted mid-year return to service and said it did not plan to suspend or cut its dividend.
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PTC earnings call for the period ending December 28, 2019.
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U.S. President Donald Trump vowed to rip up international trade deals and rebalance America's global trade relationships.
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Strapped with debt and battling legal controversies right and left, Teva's best days could very well be behind it.
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He shell be missed #RIPeanut, fans say.
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After a successful 2019, the diagnostics company faces new growth opportunities with both Cologuard and its cancer-diagnostics pipeline.
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 U.S. home sales jumped to their highest level in nearly two years in December, the latest indication that lower mortgage rates are helping the housing market to regain its footing after hitting a soft patch in 2018, though record low inventory could be an obstacle to continued strong gains. The report from the National Association of Realtors on Wednesday followed on the heels of government data last week showing homebuilding raced to a 13-year high in December. Renewed housing market momentum could soften some of the hit on the economy from manufacturing as the thaw in U.S.-China trade tensions is offset by Boeing's suspension this month of production of its troubled 737 MAX plane.
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Former head of London Stock Exchange is moving to an advisory role after just a year
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 Shares of Johnson & Johnson slipped 0.1% in premarket trading Wednesday, after the consumer products and drug giant reported a fourth-quarter profit that beat expectations but revenue that came up a bit shy. Net income rose to $4.01 billion, or $1.50 a share, from $3.04 billion, or $1.12 a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share grew 4.6% to $1.88, above the FactSet consensus of $1.87. Sales rose 1.7% to $20.75 billion, just below the FactSet consensus of $20.80 billion. Consumer revenue increased 0.9% to $3.57 billion, below the FactSet consensus of $3.59 billion; pharmaceuticals sales grew 3.5% to $10.55 billion to top expectations of $10.43 billion; and medical device sales fell 0.5% to $6.63 billion to miss expectations of $6.69 billion. For 2020, the company expects net sales of $85.4 billion to $86.2 billion, surrounding the FactSet consensus of $85.52 billion. The stock has gained 0.4% over the past three months through Tuesday, while the SPDR Health Care Select Sector ETF has climbed 13.9% and the Dow Jones Industrial Average has advanced 9.0%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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FedEx text scam alert: Don't fall for delivery notifications texts claiming to be from FedEx USA TODAYNew fraudulent text message claims to contain FedEx package information ABC NewsDon't Fall For It: Alert Issued For Text Message Package Delivery Scam Mount Pleasant Daily VoiceTexting scam disguises itself as delivery notification from Amazon, FedEx WJW FOX 8 News ClevelandNew text scam claims to c
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The percentage of American workers in unions fell to a record low in 2019, extending a long slide that began in the 1970s.
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CTXS earnings call for the period ending December 31, 2019.
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District law requires that nonprofit groups not operate for the purpose of generating profits for private individuals. In the civil suit, Attorney General Karl A. Racine (D) asked for a court order directing that the money be returned and given to charities.
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President Trump touted what he described as a "blue-collar boom" transforming the U.S. economy and hailed his trade agreement with China in a speech to global business and government leaders, hours before his impeachment trial was set to begin.
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