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MarketWatchJan 21, 2020
Europe Markets: European luxury stocks blasted over virus worries as UBS hit by lowered guidance
European stocks slumped on Tuesday as worries over a spreading virus in China as well as weak guidance from Swiss banking giant UBS weighed.

MarketWatchJan 21, 2020
Dow Jones Newswires: EasyJet 1Q 2020 revenue per seat rose 8.8%
The airline said first-half capacity is expected to grow 1.5%, primarily dragged by French air-traffic control strikes. The airline had previously expected growth of around 1.7%.
MarketWatchJan 20, 2020
NewsWatch: Some big coal players may escape BlackRock's planned divestment
BlackRock has set out plans to rid its portfolio of coal companies. But for diversified miners that dig up an array of products, it's not obvious which companies will be axed from the fund management giant's active funds and which will stay.

RELATED ARTICLES
The Tell: Some big coal players may escape BlackRock's planned divestment (MarketWatch)

MarketWatch Breaking NewsJan 20, 2020
IMF dials down optimism in latest global economic forecast
IMF dials down optimism in latest global economic forecast
MarketWatch MarketPulseJan 17, 2020
Boeing likely to take 'substantial charge' on 737 Max: analyst
Boeing Co. is likely to take a "substantial charge" in the fourth quarter to account for the mounting costs of its 737 Max debacle, analysts at Canaccord Genuity said in a note Friday. The analysts, led by Ken Herbert, lowered their price target on the stock to $350 from $370 and also lowered their sales and profit estimates. The Max production ramp could be slower once the plane returns to the skies, they added. The 737 Max has been grounded worldwide since March following two deadly crashes connected to a faulty anti-stall system, and its return-to-service date has stretched for months. "We are surprised the stock has held up as well as it has considering the company is perhaps facing the most severe crisis in its 100- year history, but we continue to see the financial risk as not fully reflected in the stock," the Canaccord analysts said. Shares of Boeing have dropped 8% in the past 12 months, contrasting with advances of 26% and 20% for the S&P 500 index and the Dow Jones Industrial Average .

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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