The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of $1.83 per share. Four analysts surveyed by Zacks expected $1.3 billion. Carnival shares have dropped 62% since the beginning of the year, while the Standard & Poor's 500 index has dropped roughly 4%....
(Bloomberg) -- U.S. equity futures fluctuated along with European stocks on Thursday as investors weighed reports of fresh progress in containing a coronavirus outbreak in Beijing. Treasuries advanced.The moves came after a top virus expert in China said that new cases in the capital were curbed. The Stoxx Europe 600 swung between losses and gains, with German payments firm Wirecard AG slumping as much as 67% after it delayed publication of annual financial results for the fourth time. Asia stocks edged lower. The pound weakened to its lowest in almost three months against the euro ahead of a Bank of England decision in which policy makers are expected to add to economic stimulus.The picture for global markets remains complex as investors mull reports on China battling its worst outbreak since Wuhan and Texas showing an 11% surge in hospitalizations. They’re balancing those with positive economic news, as well as a flood...
