As Christmas is about to fall on us like a flurry of snow, announcments do tend to dry up a bit but tomorow cruise operator and FTSE 100 constituent Carnival PLC (LON:CCL, NYSE:CCL) sails into view.
In October, the group revealed it was expanding its operations in China, giving Carnival four cruise brands in the People's Republic - one of the planet's fastest-growing tourism markets.
The firm has been a benefactor, like others in the transport arena, of the weaker oil prices and therefore the lower cost of fuel.
It reports a fourth quarter update on earnings.
But on Monday, German bank Berenberg didn't seem too cheerful about its prospects.
The broker cut its rating for the stock a day ahead of the firm’s fourth quarter earnings update.
Berenberg went to 'hold' from 'buy' and reduced its price targets to £40 and $50, implying 4% downside.
It said: “We remain positive about the outlook for yields in the cruise industry going into 2017.
"However, recent trends in the cost of fuel, a further strengthening of the dollar and an increase in interest rates create headwinds that we think will be tough for Carnival to offset.”
The broker expects Carnival’s yield growth to remain strong on a constant currency basis, improving by around 3% on 2016.
However, further appreciation by the US dollar since the company unveiled its third-quarter results at the end of September will mean reported yields are likely to be under 1%.
In addition, they noted that Carnival has already flagged that higher fuel costs will be a drag on earnings next year.
Berenberg said: “With fuel costs guided to be $926mln in 2016, this implied c$1.1bn at the time.
"We believe that this cost has risen by a further $150mln, with bunker fuel up by around c20% since the third quarter results."
In the US tomorrrow, all eyes will be on Blackberry's (NASDAQ:BBRY) third quarter earnings. The mobile phone giant has been through the mill to say the least and investors will be keen to see how its reinvention is progressing.
It reports before the US bell.
Significant announcements expected-
Half or quarterly earnings
Carnival (LON:CCL), Blackberry Ltd (NASDAQ:BBRY), FedEx Corp (NYSE:FDX), General Mills Inc (NYSE:GIS), NIKE Inc (NYSE:NKE).