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Google Business NewsFeb 21, 2020
Coronavirus updates: South Korea reports big jump in cases, virus spreading in Chinese prisons - NBC News
Coronavirus updates: South Korea reports big jump in cases, virus spreading in Chinese prisons  NBC NewsCoronavirus live updates: Outbreak in Chinese prisons, South Korea cases exceed 200  CNBCVirus Epidemic Enters New Phase as Cases Outside China Climb  BloombergWhy Did the Coronavirus Outbreak Start in China?  The New York Times

Reuters Company NewsFeb 21, 2020
US STOCKS-Wall St set to fall again as coronavirus spreads beyond China
* Futures down: Dow 0.33%, S&P 0.34%, Nasdaq 0.31% (Adds comment, updates prices)

RELATED ARTICLES
Coronavirus slows China's property market to a crawl — and even the most robust real-estate app is no match (MarketWatch)
Not Just Nike and Apple; Small U.S. Firms Disrupted by China Virus (Wall Street Journal US Business)

Reuters Company NewsFeb 21, 2020
US STOCKS-Futures slide as coronavirus spreads beyond China
U.S. stock index futures lurched downwards on Friday as a spike in new coronavirus cases in China and elsewhere sent investors scrambling for safer assets such as gold and government bonds.

Reuters Company NewsFeb 21, 2020
WRAPUP 5-Coronavirus on G20 agenda as China reports uptick in cases
China reported an uptick in new cases of coronavirus on Friday, boosted by more than 200 people testing positive for the disease in two prisons outside of Hubei province, the epicentre of the outbreak.

Google Business NewsFeb 21, 2020
Coronavirus: China prison reports 200 cases, as virus spreads in South Korea - live updates - The Guardian
Coronavirus: China prison reports 200 cases, as virus spreads in South Korea - live updates  The GuardianHow SARS terrified the world in 2003, infecting more than 8,000 people and killing 774 - Business Insider  Business InsiderSouth Korea Confirms a Jump in Coronavirus Infections  The New York TimesWhy Did the Coronavirus Outbreak Start in China?  The New York Times

MarketWatch MarketPulseFeb 21, 2020
COVID-19 tally: 76,767 cases, 2,247, 100 new cases in South Korea
The World Health Organization said Friday that there are 76,767 confirmed cases of COVID-19 and 2,247 deaths, marking another day in which the number of new cases worldwide has slowed. In early February, the number of new cases reported each day was rising by at least 3,000. There are 1,019 new cases worldwide, 100 of which are in South Korea, which has seen a large uptick in cases in recent days. There are now 204 confirmed cases in South Korea. There are 15 confirmed cases in the U.S. although some U.S. nationals who had been on board the Diamond Princess cruise ship, which has reported 634 cases and 2 deaths, have been diagnosed with the virus. COVID-19 is a novel coronavirus that was first diagnosed in humans in December in Wuhan, China. The outbreak has largely shut down Hubei Province, home to Wuhan, and slowed or halted factory production and consumer spending in China.

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.



FT.com - USFeb 21, 2020
Coronavirus latest: China vows to ‘liquidate' virus by end of March
In the secretive art market, new anti-money laundering legislation has landed like a bomb

MarketWatch MarketPulseFeb 21, 2020
ITT beats earnings expectations and lifts dividend, but gives downbeat outlook on coronavirus outbreak
ITT Inc. reported Friday fourth-quarter earnings that beat expectations and raised its dividend by 15%, but provided a downbeat outlook included an estimated impact from the coronavirus outbreak in China. The stock was still inactive in premarket trading. Net income at the engineered components company rose to $68.4 million, or 77 cents a share, from $51.9 million, or 58 cents a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share came to 99 cents, above the FactSet consensus of 92 cents. Revenue rose 6% to $719.1 million, topping the FactSet consensus of $716.6 million, as beats in the motion technologies and industrial process segments offset a miss in connect and control technologies. For 2020, the company currently expects adjusted EPS of $3.87, with a wider range of $3.72 to $4.02, compared with the FactSet consensus of $3.99, and revenue to be down 1%, with a range of down 3% to up 1%, while expectations of $2.92 billion implies 2.5% growth. ITT raised its quarterly dividend to 16.9 cents a share from 14.75 cents, with the new dividend payable April 6 to shareholders of record on March 16. Based on Thursday's stock closing price of $68.87, the new annual dividend rate implies a dividend yield of 0.98%, compared with the implied yield for the S&P 500 of 1.80%. ITT's stock has slipped less than 0.1% over the past three months, while the S&P 500 has gained 8.7%.

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.



RELATED ARTICLES
Lululemon has closed most if its China stores for some time due to coronavirus outbreak (MarketWatch MarketPulse)

MarketWatchFeb 21, 2020
Europe Markets: European stocks drift lower as virus spread offsets data showing better economy
European stocks slipped on Friday, as worries about the coronavirus spreading beyond China offset indications the economy is improving.

Reuters Company NewsFeb 21, 2020
EMERGING MARKETS-Virus-hit EM assets set to end week in the red
Stocks and currencies in developing economies were set to end the week lower on Friday, as investors avoided riskier assets on fears about the global economic impact of the coronavirus outbreak after China reported a spike in new cases.

Reuters BusinessFeb 21, 2020
Oil falls 1% as spreading virus compounds concerns over demand hit
Oil prices fell around 1% on Friday, pressured by growing worries about fuel demand as a coronavirus epidemic spread further beyond China, and as major crude producers appeared to be in no rush to cut output to buttress the market.
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