7 days ago by cnbc.com
Goldman Sachs revised its earnings estimate for the year to $165 per share, representing 0% growth in 2020. read more...
The Centers for Disease Control and Prevention reported Wednesday a new case of coronavirus in a Northern California resident who did not visit China or another foreign country and who did not have contact with an infected person, according to the Washington Post and other media outlets.
Anheuser-Busch InBev forecast a 10% decline in its first-quarter profit after a weaker-than-expected finish to 2019, as the world's largest beer maker expects the coronavirus outbreak to dent its earnings.
Strategists at Goldman Sachs just reminded investors why they are dumping stocks hand over fist right now. The coronavirus may wipe out corporate growth in 2020, perhaps completely. Goldman Sachs said Thursday in a note U.S. companies will generate no earnings growth in 2020. Underlying the call is Goldman’s view that the coronavirus is expected to spread around the globe and severely harm economic activity.
Goldman Sachs revised its earnings estimate for the year to $165 per share, representing 0% growth in 2020.
A global spread of the coronavirus could wipe out U.S. corporate growth completely in 2020, says Goldman Sachs.
The bank upgraded its outlook on the real estate and utilities sectors, recommending investors shift to defensive assets in the near-term.
The coronavirus is keeping Chinese tourists away from its London boutiques, Brit...
Denmark has officially confirmed its first case of the novel coronavirus.
Goldman Sachs Group Inc is asking people not to attend the bank's New York ...
The S&P 500 Index may have witnessed its quickest correction ever, but one of the biggest stock-market victims of the coronavirus epidemic has been Southeast Asia.
Siegel, speaking on CNBC's "Squawk on the Street" as the stock market extended its dramatic sell-off, said stocks will bounce back.
Lockdowns in coronavirus-hit countries in Asia and the EU have affected orders for the business.
The country has almost 600 new confirmed coronavirus cases, bringing the total to 2,931.
Dubai's Emirates Group has seen a "measurable slowdown" in busine...
Japanese clinics and hospitals have seen far fewer influenza cases this season than in a typical year, a drop some doctors attribute to better public hygiene as people take measures against the novel coronavirus.
LONDON (AP) — British health authorities on Sunday confirmed 12 more cases of the new coronavirus, bringing the country's overall tally to 35, and the Czech Republic announced its first three...
Rhode Island has confirmed its first coronavirus case Sunday, a day after the first U.S. fatality was reported.The infected patient, who is in their 40s, had traveled to Italy in mid-February and is being treated at a hospital, a release from Rhode Island Department of Health read.The state's health department said it has prepared for weeks for a coronavirus case. "We fully anticipated having a first case of COVID-19," Nicole Alexander-Scott,...
The first case of coronavirus in New York has been confirmed and a woman in her late thirties has been quarantined in her home, Gov. Andrew Cuomo announced in a statement late Sunday.
Here's the latest on the coronavirus outbreak.
As newly engaged couples walked through the Off White Wedding Show Sunday afternoon, happy brides browsed the wedding dress samples at the Kirsten Paige booth. Owner and designer Kirsten Moen said, recently, potential clients have started with one particular question: Am I going to get it on time? Moen's business has picked up as the coronavirus virus disrupts the wedding dress supply chain in Asia. St. Louis-based Moen has an advantage over her...
Governor Ron Desantis issued an order directing a public health emergency in Florida on Sunday after the state recorded its first positive case of the new coronavirus (COVID-19).
Trump to meet with drugmakers as U.S. sees more coronavirus cases