Stocks and Finance

Carnival

Carnival 3/12/2012

08:08 : Carnival (CCL) +2% premarket after lowering its 2012 earnings forecast ... - Carnival (CCL) +2% premarket after lowering its 2012 earnings forecast but pointing to reassuring booking trends. Executives on a conference call Friday said the Concordia incident is no longer the main obstacle to selling cruises; instead, ...
Source : seekingalpha-com

Carnival 3/9/2012

11:28 : Carnival slashes outlook on Concordia incident - NEW YORK (AP) -- Carnival expects that its earnings this year could be slashed by as much as 82 percent, the cruise line said Friday, nearly three months after the tragic sinking of the Costa Concordia off the coast of Italy ...
Source : usnews-com
10:48 : Carnival Cruise Lines Slashes Earnings Guidance by 40% (CCL, RCL) - The London Stock Exchange will acquire up to 60% of clearing firm LCH.Clearnet for $614.63 million, in a deal which strengthens the LSE's post-trade business.
Source : 247wallst-com
10:04 : Carnival Swings To Loss In Fiscal 2012 1Q - The world's largest cruise line operator Carnival Corp. (NYSE: CCL) swung to a loss, as rising fuel costs and one-time write downs offset an increase in revenue, while the Costa Concordia tragedy had little effect on the bottom line.
Source : ibtimes-com
09:53 : Carnival swings to first-quarter loss - BOSTON (MarketWatch) -- Carnival Corp. reported a first-quarter loss Friday of $139 million, or 18 cents a share. For the same quarter in 2011, Carnival posted a profit of $152 million, or 19 cents a share. Revenue rose ...
Source : marketwatch-com

Carnival 2/29/2012

10:54 : Bucks Blog: Wednesday Reading: Enjoying a Cheaper Carnival in Brazil's ... - Enjoying a cheaper Carnival in Brazil's small towns, warnings are added about cholesterol drugs' side effects, loaning out Kindle e-books and other consumer-focused news from The New York Times.
Source : nytimes-com

Carnival 2/27/2012

15:27 : Shares of Carnival ([[CCL]] -0.3%) recover and even pass into positive ... - Shares of Carnival (CCL -0.3%) recover and even pass into positive territory briefly after more details emerge about its cruise ship adrift in the Indian Ocean. The good news: An onboard fire was quickly put out and a rescue mission is ...
Source : seekingalpha-com

Carnival 2/21/2012

09:54 : Portugal defies government's Carnival cutback plan - LISBON, Portugal (AP) -- Garish costumes, scary masks and bright wigs trumped dreary economic austerity Tuesday as most Portuguese defied a government appeal to keep working on one of their deeply beloved holidays: Carnival....
Source : usnews-com
01:16 : Rio's Carnival dazzles on second night of parades - The night processions at Rio's renovated Sambadrome marked the high point of the pre-Lent festival, a national holiday that brought the country to a near-standstill.

Carnival 2/16/2012

16:38 : Slideshow: 2012 Winter Beer Carnival - Atlanta’s Third Annual Winter Beer Carnival should have been called “Brrrrr Carnival.” After an abnormally mild winter, Mother Nature whipped up the cold winds and below 30-degree temps in time for the beer festival at Atlantic ...
Source : bizjournals-com

Carnival 2/5/2012

20:10 : Slideshow: Punahou Carnival weekend - The 2012 Punahou School Carnival drew thousands of people to the Honolulu campus this weekend under sunny skies. The junior class at Punahou, President Barack Obama's alma mater, has been organizing and planning the annual fundraising ...
Source : bizjournals-com

Carnival 2/1/2012

11:45 : Oil now leaking from stricken Carnival cruise ship - CHICAGO (MarketWatch) -- Oil has begun leaking from the Costa Concordia, a cruise ship that foundered off the Italian coast last month, killing at least 17 and leaving another dozen or so missing, the Associated Press reports. Choppy seas are battering ...
Source : marketwatch-com

Carnival 1/30/2012

21:02 : Cruise crash dents Carnival profits - Jan 30 - Summary of business headlines: Carnival and Wendy's cut forecasts; stocks slip on Greece worries; U.S. incomes rise, but so do savings. Bobbi Rebell reports.
Source : reuters-com
13:00 : Carnival cuts profit outlook - Carnival Corp on Monday said it would take a $155 million (98 million pounds) to $175 million hit against net income in fiscal 2012, blaming the Costa Concordia cruise ship catastrophe.
Source : ibtimes-com

Carnival 1/29/2012

04:31 : Six passengers have sued Carnival (CCL) in Florida over the sinking of ... - Six passengers have sued Carnival (CCL) in Florida over the sinking of the Costa Concordia two weeks ago, adding to a $100M complaint in Chicago from a crew member. Marc Bern, the lawyer for the passengers, said he expects to eventually ...
Source : seekingalpha-com

Carnival 1/27/2012

12:26 : Carnival sued over Concordia disaster - CHICAGO (MarketWatch) -- Two weeks after the cruise ship Costa Concordia foundered off the coast of Italy, killing at least 16, a crew member is suing its parent company for negligence, the Associated Press reports. The suit, filed in federal ...
Source : marketwatch-com
11:39 : Carnival shipwreck survivors to be offered $14,400 - BOSTON (MarketWatch) -- The survivors of the Costa Concordia shipwreck will be offered $14,400, or 11,000 euros, apiece as compensation for their ordeal, CNN reported Friday. According to the news agency, the compensation agreement was reached during ...
Source : marketwatch-com

Carnival 1/20/2012

20:38 : Carnival shares fall after shipwreck - Jan 20 - It was far from business as usual at the Miami, Florida headquarters of Carnival Corp., parent of Costa Cruises, which operates the ship that went aground off the Italian coast. Rough cut. No reporter narration.
Source : reuters-com
12:19 : Carnival launches safety review in wake of wreck - CHICAGO (MarketWatch) -- Carnival Corp. said Friday that is launching a "comprehensive audit and review of all safety and emergency response procedures" in the wake of the fatal wreck of its Costa Concordia vessel off the coast of Italy ...
Source : marketwatch-com

Carnival 1/17/2012

14:21 : Carnival Options See Contrarian Plays - U.S. options traders signaled glimmers of optimism that Carnival can rebound after the wreck of a cruise ship off Italy's Tuscan coast sent the cruise operator's shares tumbling.
Source : wsj-com
11:35 : Carnival stock, profits hit from cruise disaster - Shares of Carnival plummeted in U.S. trading Tuesday after the cruise line operator said it may suffer a more than $100 million hit to its profit from the grounding of the Costa Concordia.
Source : cnnmoney-com
10:35 : Carnival shares clobbered by shipwreck, downgrade - SAN FRANCISCO (marketWatch) -- Carnival Corp. shares fell as much as 14% at the open Tuesday as investors fled the stock following the deadly wreck on Friday of its cruise ship Costa Concordia on the Italian coast. The Costa Concordia ...
Source : marketwatch-com
08:53 : JP Morgan cuts Carnival (CCL) to neutral from overweight and the firm's ... - JP Morgan cuts Carnival (CCL) to neutral from overweight and the firm's price target to $30 from $38, citing the impact the Costa Concordia tragedy will have on "an already soft consumer environment (particularly in Europe), and the resulting ...
Source : seekingalpha-com
08:01 : J.P. Morgan downgrades Carnival after accident - NEW YORK (MarketWatch) -- J.P. Morgan on Tuesday cut its rating on Carnival Corp. to neutral from overweight following the Costa Concordia cruise ship accident, which killed at least six people after the ship ran aground off the coast ...
Source : marketwatch-com

Carnival 1/16/2012

13:51 : Carnival counts cost of cruise crash - Jan.16 - Carnival Corp, the owner of the cruise ship that capsized off Italy's west coast, estimates the impact to 2012 earnings for loss of use alone to be around $90 million. The group said it also anticipated further costs to the business. ...
Source : reuters-com
12:09 : Market Extra: Carnival shares tumble after cruise ship tragedy - After its cruise liner Costa Concordia ran aground and capsized off the Italian coast, killing at least six, shares in Carnival PLC tumble on Monday and the company says it expects a hit of up to $95 million to 2012 earnings.
Source : marketwatch-com
09:15 : Carnival Shares Run Aground, Industry Weighs Costs of Accident - The cruise ship industry faces an uphill task to restore confidence among customers spooked by spectacular images of the stricken Costa Concordia flipped on its side and could suffer a major hit to sales in a key booking period.
Source : ibtimes-com
08:41 : Carnival and cruise sector count cost of disaster - LONDON (Reuters) - The cruise ship industry faces an uphill task to restore confidence among customers spooked by spectacular images of the stricken Costa Concordia flipped on its side and could suffer a major hit to sales in a key booking period.
Source : reuters-com
04:54 : Carnival (CCL) shares -17.6% in London following the capsizing of the ... - Carnival (CCL) shares -17.6% in London following the capsizing of the Costa Concordia cruise ship at the weekend. The company said the hit on 2012 earnings for the loss of use will be $85-$95M, or $0.11-$0.12 a share, while the firm will ...
Source : seekingalpha-com
04:01 : Carnival shares lose 20% after shipwreck - LONDON (MarketWatch) -- Carnival Corp. shares dropped 20% in early trading Monday in London, selling off in their first trading session since the company's Costa Concordia ship capsized off the coast of Italy on Friday. Carnival ...
Source : marketwatch-com
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