Before the closing bell is rung, here are the three stories to watch in the markets today.
Carnival Cruise Lines
Carnival’s Princess Cruises Diamond Princess, which is being held off of the coast of Japan, now has over 175 cases of the coronavirus.
And, Carnival’s Holland America Line’s Westerdam ship was finally accepted in a Cambodian port after being turned away from four other countries over virus concerns. There is not a confirmed case of the coronavirus on the ship.
In its press release, Carnival warned that it’s unable to determine the full financial impact on its fiscal year 2020, but--while this is not currently planned--if the company were to suspend operations in Asia, it could impact the fiscal performance by $0.55 to $0.60 per share.
Then healthcare stocks were rising throughout trading on Wednesday after Bernie Sanders took home the New Hampshire Primary.
Stocks such as UnitedHealth (UNH) - Get Report, Cigna (CI) - Get Report, Humana (HUM) - Get Report, Anthem (ANTM) - Get Report and Centene (CNC) - Get Report were getting boosts since, as TheStreet’s Tony Owusu put it, Sanders win could be seen as a good thing for the reelection chances of Donald Trump.
Cisco Earnings After the Bell
Analysts are expecting earnings of 76 cents a share, and revenue of $11.97 billion.
Real Money contributor Eric Jhonsa broke down the top five things that he’s looking for when the company reports earnings later today.
They included service provider and enterprise hardware demand, security sales, and its shift towards software and, of course, buybacks.
You can read more from Jhonsa on TheStreet.com
And, over on our Action Alerts PLUS Daily Rundown show, Jim Cramer and I talked about what he expects from the company. Watch the full rundown on Action Alerts PLUS.