Citadel has so far weathered the coronavirus market storm well, turning a slight profit in its flagship Wellington hedge fund for the year through Monday, according to a person familiar with the situation.
Chevron said on Tuesday it was lowering its forecasts for spending and Permian production by 20% for the year, and will suspend share buybacks as oil companies find themselves in one of the worst times in decades.
Kohl's has withdrawn its earnings outlook for the current quarter and fiscal year, as it grapples with the hit it will take from the coronavirus pandemic.
U.S. package delivery company FedEx suspended its 2020 profit outlook on Tuesday, citing the "significant impact" of the coronavirus, and said it would cut costs due to the uncertainty wrought by the pandemic.
Apparel retailer Nordstrom on Monday withdrew its fiscal 2020 forecast and said it would close stores in the United States and Canada for two weeks due to the coronavirus pandemic.
Costco reported stronger sales than analysts were expecting Thursday, thanks in part to a boost the company received from consumers stocking up at its stores to prepare for a more widespread outbreak of a new coronavirus.
General Electric reiterated its 2020 cash and profit targets but warned its first-quarter cash flow would take a hit of $300 million to $500 million due to the coronavirus outbreak.