MORNING BID EUROPE-Virus victim count rises -- and so do global stocks [Reuters]
Newell Brands Inc. (NWL)
Last newell brands inc. earnings: 5/1 07:30 am
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Source: Reuters
MORNING BID EUROPE-Virus victim count rises -- and so do global stocks * A look at the day ahead from EMEA deputy markets editor Sujata Rao. The views expressed are her own. Feb 14 (Reuters) - China’s announcement of more than 5,000 new coronavirus cases and 121 new deaths indicate the epidemic hasn’t peaked yet. A Reuters poll forecasts Chinese growth of 4.5% in the first quarter, recovering to 5.5% for the whole year - the worst showing since at least 1990. Yet markets refuse to be too discouraged. A pan-European index is in fact opening at record highs, buoyed by … answers on a postcard. The thinking appears to be the virus impact will not last, it’s not spreading outside China as fast as feared and above all, central banks can step in — slower growth will bring more stimulus, or at least lower interest rates for longer. That makes shares more appealing. The virus causes a near-term demand shock, of course, but it’s a problem easily solved by central bank liquidity, is the message
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NWL
Earnings
- 2/9/24 - Beat
NWL
Sec Filings
- 3/27/24 - Form ARS
- 3/27/24 - Form DEFA14A
- 3/27/24 - Form 3
- NWL's page on the SEC website