BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
Searching for 'China Market'. (Return)

Reuters Company NewsJan 21, 2020
UPDATE 2-European shares fall on China virus fears, German morale offers soft landing
European shares dipped on Tuesday amid concerns over a new coronavirus outbreak originating in China, although positive news on business morale and easing cross-Atlantic trade tensions saw markets ending off session lows.

MarketWatch Breaking NewsJan 21, 2020
Experimental-vaccine stocks jump amid spread of new virus in China
Experimental-vaccine stocks jump amid spread of new virus in China

Yahoo BusinessJan 21, 2020
Stocks Slip Worldwide After Virus Spurs Caution: Markets Wrap
(Bloomberg) -- U.S. equities slumped, joining a global decline as investors grappled with worries that a deadly virus in China might undercut economic growth. Treasuries rose.All three of the main U.S. gauges slid in early trading, with industrial shares among the worst performers after declines in Asia and Europe triggered by reports that the respiratory virus was spreading. Shares in Hong Kong were hardest hit. The Stoxx Europe 600 Index recovered from the worst of its drop, though remained on course for a second day of losses.U.S. luxury stocks headed for their biggest drop since October on worries the virus will disrupt spending during a key Chinese holiday period; banks also retreated after UBS Group AG missed profitability targets. The risk-off mood helped support some traditional haven assets, and the yen and Treasuries advanced even as gold fell.Read more: China Virus Concern Hammers Asian Stock SentimentThe emergence of the illness in China stirred memories of the SARS outbreak 17 years ago for some market watchers, though it isn't yet as serious. The developments provided an excuse for investors who bid up U.S. stocks to record highs last week to take a pause and assess the outlook for global growth and corporate profits as earnings season picks up."There seems to be a little bit of profit taking, maybe a little less risk taking today," said Yousef Abbasi, global market strategist at INTL FCStone. "You're going to see people thinking about what is normally a travel and leisure holiday in China, a

Reuters Company NewsJan 21, 2020
GLOBAL MARKETS-Risk assets dragged lower by Chinese virus anxiety
Risk assets took a hit across the globe on Tuesday while the Japanese yen and some developed country bond prices gained as financial markets reacted to mounting concern about a new strain of flu-like virus in China.

Google Business NewsJan 21, 2020
Hong Kong leader Carrie Lam says she's 'very disappointed' by rating downgrade - CNBC
Hong Kong leader Carrie Lam says she's 'very disappointed' by rating downgrade  CNBCMoody's Downgrades Protest-Torn Hong Kong  Wall Street JournalHong Kong falls more than 2%, leading losses among major markets following Moody's downgrade  CNBCHong Kong's stock market index must be relevant  South China Morning Post

Yahoo BusinessJan 21, 2020
Tesla Shares May Reach $960 in Early 2021, Biggest Bull Says
(Bloomberg) -- Tesla Inc.'s most bullish Wall Street analyst predicts the dizzying rally in the shares of the electric-car maker will accelerate this year and trade in the $640-to-$960 range in early 2021.New Street Research analyst Pierre Ferragu anticipates the company will sell 2 million to 3 million cars per year after 2025 at industry-leading margins, justifying a market capitalization of $230 billion to $350 billion, or about $1,100 to $1,700 per share."The stock will remain volatile, as the spread between bull and bear cases remains wide," said Ferragu, who boosted his price target to a Street high. "And God only knows what the next controversy will be."Tesla is set to report quarterly earnings next week. Shares of the company are up 3% in pre-market trading and have increased more than 100% over the past three months. A surprise third-quarter profit and strong deliveries for the fourth quarter helped fuel the rally, along with the opening of its China plant.Ferragu, who raised his price target to a $800 from previous $530, expects the company to post a strong free cash flow beat when it releases fourth-quarter earnings on Jan. 29.He also predicts 2020 delivery guidance to beat estimates, and a potential drop in gross margins in the first half of the year as Shanghai-assembled Model 3s -- which have higher fixed costs per car -- increase in the overall mix.Earlier on Tuesday, Bernstein analyst Toni Sacconaghi struck a cautious note, saying the Shanghai Gigafactory production could pressure margins in fourth and first quarter.To contact the reporter on this story: Esha Dey in New York at edey@bloomberg.netTo contact the editors responsible for this story: Brad Olesen at bolesen3

RELATED ARTICLES
Novavax shares jump 60% in premarket trading (MarketWatch MarketPulse)
TRENDING TAGS
TrumpDavos impeachment trial President Martin
Chinavirus fears coronavirus outbreak Sars-like
DavosTrump Economic climate urges Economy
Stockvirus China market Markets fears
Teslabiggest Stocks making moves Uber
FundFiler least 40-17F2 BNY MELLON
VirusChina coronavirus fears outbreak spread
Stocksvirus China Markets fears growth
globalIMF virus economy INC Markets
EconomicDavos Trump urges countries their

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2020 CEOExpress Company LLC