News

Coronavirus

Reuters | Equities.com |

Foxconn could see a “big” production impact, and shipments to customers including Apple face disruption.


Reuters | Equities.com |

Huawei said on Monday it had resumed production of goods including consumer devices and carrier equipment, and operations were running normally.


Reuters | Equities.com |

The Institute for Supply Management (ISM) said on Monday its index of national factory activity increased to a reading of 50.9 last month, the highest level since July.


David Nelson, CFA CMT | Equities.com |


AP News | Equities.com |

Millions of Chinese remained in lock-down as the number of people infected by the virus topped 17,000 as of Sunday night.


Reuters | Equities.com |

Delta Air Lines Inc, United Airlines Holdings Inc, and American Airlines Group Inc moved to reduce flights to China amid a sharp drop in demand.


Reuters | Equities.com |

The United States, Japan and others tightened travel curbs to virus-hit China on Friday.


AP News | Equities.com |

Markets widely turned lower as the virus spread to more than a dozen countries.


AP News | Equities.com |

China reports 213 deaths and 9,700 confirmed cases, as the virus has spread to over a dozen countries.


Reuters | Equities.com |

Net sales rose 21% to $87.4 billion. Net income rose 8% to $3.3 billion. Each was over $1 billion more than analysts' estimates.