Company
Carnival Corp
NYSE:CCL
Carnival Corp is a leisure travel company. It operates in North America, Australia, Europe and Asia. Its portfolio features Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (United Kingdom) and Cunard. The company's segment includes North America and Australia (NAA), Europe and Asia (EA), Cruise Support and Tour and Other. Its NAA segment includes Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia) and Seabourn.
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Carnival sees bookings and revenues climb as cruise restrictions lifted
Revenues for the latest quarter jumped to US$3.81bn to make US$12.2bn for the year
Carnival's CEO to step down in August, to become vice chair
Carnival, based in Miami, has been led by Arnold Donald since 2013
US health officials drop Covid warning for cruise ship travelers
CDC removes Covid ‘cruise ship travel health notice’ that was first imposed in March 2020 but expresses reservations about cruising
P&O Cruises reiterates it's 'not P&O Ferries' as full service resumes
'Our names may both begin with P&O. But that’s where the similarity ends. We are separate organisations and have been for 20 years'
Carnival cancels Australian cruises due to COVID-19 ban
The cruise line is moving its ships from Australia to the US to help with the restart of operations there
Carnival says cruises that go-ahead are cash flow positive, reveals US$2.bn loss in US
"We are very glad to be back doing what we do best," said chief executive Arnold Donald.
Carnival to resume cruises to Alaska from July
Eight of Carnival's nine cruise line brands have now announced plans to resume guest operations this summer
Carnival extends pause in US operations until the end of June
Cruises in the US have been on hold for over a year
Carnival says P&O Australia extends pause, Costa to resume trips next month
Trips in Australia will not depart at least until June
Carnival launches equity offering to pay back notes
The cruise giant will not receive any cash but will have to pay the relevant fees and expenses
Carnival cancels more cruises in Australia, New Zealand
The pause in the region is extended until December
Carnival Corporation hit by ransomware cyber attack
The attack gained unauthorized access that also included the download of certain data files.
Carnival secures US$10bn refinancing as it swings to US$4bn quarterly loss
The cruise operator said the cash will be enough to carry on for another full year
Carnival launches US$6bn funding effort to cope with coronavirus impacts
It wants to sell US$1.25bn of equity and US$4.75bn of debt securities.
Carnival says coronavirus to have a “material impact” on results
Suspending all Asian operations to the end of April would hit 2020 results by US$0.55 to US$0.65 per share, including guest compensation
Carnival Corp shares sink as cruises operator cuts its 2019 profit forecast for the third time this year citing higher fuel prices
The firm now expects its 2019 adjusted earnings to be between $4.23-$4.27 per share, down from its earlier forecast of $4.25-$4.35 per share
Carnival weak as cruise operator cuts annual profit forecast, blaming higher fuel prices, strong dollar
The FTSE 100 index constituent in London said it now expects 2019 adjusted earnings per shares to be $4.35 to $4.55 per share, compared with its previous forecast for $4.50 to $4.80
Carnival posts strong fourth-quarter earnings, 2019 bookings considerably ahead but prices flat
The cruises operator's fourth-quarter adjusted net income rose to US$492mln, giving EPS of 0.70 US cents, compared to net income of US$452mln and EPS of 0.63 US cents a year earlier
Investments and investor services
Carnival reports beat on 3Q earnings per share and revenue but stock retreats on higher fuel costs
Higher fuel costs and fluctuations in currency rates will keep the company on the defensive
Carnival shares rise as Berenberg upgrades cruise ship operator to ‘buy’
The analysts do not believe investors should have been ‘spooked out’ by guidance commentary
Carnival shares rise on upbeat broker comments
On Monday, shares of the cruise company were down 9% to 4,327p, as it reported record second-quarter revenue, but lowered full-year guidance due to negative impacts from fuel prices
Carnival Corp cruises past Wall Street estimates but shares sink on guidance
The cruise ship operator beat analyst estimates on both earnings and revenue but a disappointing outlook weighed down its share price
Carnival posts above-forecast first-quarter, ups full-year profit forecast as cruise customers pay more for tickets, spend more on board
Carnival said its first-quarter net revenue rose 11.6% to US$4.23bn, above analysts’ estimate of US$4.11bn, helping earnings per share, excluding one-off items, to rise to 52 US cents per share, topping estimates of 43 US cents
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A look at some of the early movers in New York pre-market trade
Darden Restaurant among top fallers despite reaffirming outlook
Darden met profit expectations for the first quarter, and reaffirmed the financial outlook for the full year
Carnival reports above-forecast third quarter earnings, but expects fourth quarter hit from recent hurricanes
Carnival said temporary port closures associated with the storms and the recent Mexican earthquake are expected to result in a 10 to 12 US cents reduction in fourth quarter EPS
Carnival Corp, Darden Restaurants, Nike and Moleculin Biotech - PRE-MARKET
A look at what's moving the needle in pre-market deals in New York
Archive
Hurricanes paint sombre backdrop to cruise group Carnival 's third quarter
Carnival and Thomas Cook issue trading updates tomorrow with the devastating Caribbean hurricanes likely to be key features of both
Carnival Corp reports first quarter earnings decline but raises full year guidance
Carnival's first quarter earnings fell as higher fuel costs weighed but the cruise operator expects growth for the full year
Carnival expands cruises to Cuba to meet growing demand
Carnival has received approval to sail its largest capacity cruise ship to Cuba to meet strong demand from US tourists.
US stocks mark record highs but Dow’s 20,000 awaits another day
US stocks closed higher on Tuesday, after marking some fresh record highs, while the dollar scaled 14-year highs, but with the Dow failing to claim the 20,000 level this time
Investments and investor services
FTSE 100 shares eke out gains, but mid-caps slip
FTSE 100 shares eked out light gains but mid-caps ended softer in a non-event session on Tuesday as markets began winding down for the holiday season
Archive
Carnival earnings to sail into view
Berenberg went to 'hold' from 'buy' and reduced its price targets to £40 and $50, implying 4% downside.
Carnival drifts lower as broker Berenberg cut its rating to hold ahead of results
Berenberg lowered its recommendation on Carnival to hold from buy and reduced its price targets to £40 and $50, implying 4% downside.
Wall Street shares seen going higher as oil rallies
US shares are poised to consolidate gains seen yesterday to go higher as an oil price rise boosts sentiment.
Carnival expands to four cruise brands in China
Cruise operators are moving into the Chinese market
Wall Street trades higher on hopes Greece will reach deal with lenders to avert default
Wall Street climbed today on hopes Greece and its lenders will reach a deal to avert a default. The S&P 500 (INDEXSP:.INX) rose 0.7 percent to 2,124.55 at 3:12 p.m. in New York. The 30-company Dow Jones Industrial Average (INDEXDJX:.DJI
Wall Street poised to open higher as Greece submits new debt proposals
U.S. stock futures surged today, sparked by hopes that Greece and its lenders will reach a reform deal later in the day, potentially saving the debt-laden country from default. Futures for the Dow Jones Industrial Average jumped 0.7 percent