STMicroelectronics N.V. (STM) Tops Q4 EPS by 6c, Revenues Beat; Offers Q1 Revenue Guidance Above Consensus
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Fears over China coronavirus wallop European shares
January 23, 2020 3:34 AM ESTBy Ambar Warrick
(Reuters) - European shares fell for a fourth straight session on Thursday as worries over the spread of a new coronavirus in China created uncertainty over the potential economic fallout.
The pan-European STOXX 600 index dropped 0.7%, its worst session so far this year, with China-exposed mining stocks as well as airlines, hotels and luxury goods makers posting steep losses.
Euro zone banks also fell about 0.5% after European Central Bank President Christine Lagarde struck a slightly more dovish tone than some had expected in the bank's... More
STMicroelectronics N.V. (STM) February 30 calls active into EPS and outlook
January 22, 2020 10:36 AM ESTSTMicroelectronics N.V. (NYSE: STM) February call option implied volatility is at 38, March is at 33; compared to its 52-week range of 27 to 53 into the expected release of quarter results on January 23. Call put ratio 8 calls to 1 put with focus on February 30 calls.
... More