Coronavirus Hits Stocks: Moody’s Warns Of Impact On U.S. Entertainment Companies

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ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

The spread of the Coronavirus – labeled a global public health emergency by the World Health Organization Thursday and routing the stock market heading into the weekend – is credit negative …

have gone dark in a country that rivals the U.S. in global box office revenue; and studios may need to postpone major movie releases, noted Moody’s analyst and senior VP Neil Begley. MGM’s upcoming James Bond film,When the SARS epidemic hit that country in 2004, U.S. studios had few film distribution deals there.

Several Apple suppliers in Wuhan had to close and related businesses around the country have been working shorter hours. He said Apple had to close one of its retail stores and is cleaning the others locations frequently and physically taking the temperatures of employees regularly.It’s unclear how fast the contagion can be contained and since people can spread the virus weeks before having symptoms, steps to reduce exposure are becoming more severe.

“We believe more diversified companies and those with strong credit profiles will likely be able to withstand the temporary impact. Less diversified and more leveraged companies with material exposure may be stretched beyond their capacity to absorb shortfalls and narrowing liquidity as time goes on,” the Moody’s report said.

Moody’s and other credit ratings agencies are meant to help investors determine the risk of putting money in specific companies by assessing creditworthiness, or ability to pay it back. The lower the rating, the more attractive terms companies need to offer to raise cash.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

Only in America do we care about the rich losing money vs the impact this will have on those who lack health insurance. Aka poor/middle class.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 109. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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China virus outbreak hits global stocks and oil marketsGold gained along with the safe-haven Japanese yen and Swiss franc, as the number of people infected by the virus in a fast-spreading health crisis surpassed 8,100 people globally, more than the total from the 2002-2003 SARS epidemic.
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