Finance executives at international companies are taking measures to protect their employees and their customers against the coronavirus, but say it is too early to tell what the financial implications might be for their businesses. Stocks of some travel companies, alongside casino and hotel operators, have taken a hit, and more businesses are expected to report a financial impact should the virus keep spreading, analysts said. Starbucks said it is unable to estimate the impact to its China-business, according to a Tuesday earnings call. Companies have ordered employees to work from home once the Lunar New Year holiday ends. “We will have problems, but it is too early to tell what the financial impact will be,” managing director Constantin Fischer said in an interview.

Source: Wall Street Journal January 28, 2020 22:41 UTC