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Major US Companies From Apple to Walt Disney See Revenue Hit by Coronavirus


By Epoch Times ——--February 17, 2020

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WASHINGTON—American companies have begun lowering their revenue and earnings estimates to reflect the potential effects on their businesses of China’s deadly coronavirus outbreak. Nearly 40 percent of S&P 500 companies that released fourth-quarter earnings ending Dec. 31 warned about COVID-19, highlighting concerns in financial markets about the impact of the epidemic.-- More...

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Epoch Times——

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The Epoch Times is a privately held news media company. The center is in New York, but our network of local reporters throughout the world uncovers stories that are authentically local, yet also globally relevant. Our independence enables us to report widely and present a diversity of opinions.

 

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