Shares of cruise company Carnival and airliner Copa Holdings were among the stocks boosted on normalized diplomatic Cuban relations.» Read More
NEW YORK, Dec 17- A tiny mutual fund based in Miami, a clutch of cruise line operators and a Canadian natural resources company rank among the early winners in the Obama administration's surprise move on Wednesday to thaw relations with Cuba. While the Cuban economy is small, with gross domestic product of roughly $70 billion, according to the World Bank,...
*FedEx shares fall after earnings. NEW YORK, Dec 17- U.S. stocks climbed in early afternoon trading on Wednesday as energy sector shares surged more than 4 percent, though investors were preparing for a Federal Reserve statement that may set the stage for interest rate hikes in 2015.. "Volatility should be expected after the statement because so much is riding on...
NEW YORK— Cuba was once a haven for sun-seeking American tourists. President Barack Obama's announcement Wednesday of plans to re-establish diplomatic ties with Cuba doesn't suddenly lift the ban on U.S. tourism. "Cuba is the largest country in the Caribbean, so there's some exciting possibilities," said Roger Frizzell, spokesman for Carnival Corp. He said "some...
Airlines are soaring on lower oil prices, but other stocks are also seeing big boosts after OPEC's decision not to cut rates.
In just a month, Apple has added more value than the entire worth of companies like McDonald's, Boeing and Goldman Sachs.
Here's a quick tour of The Quantum of the Seas, including a vertical wind tunnel, robot bartenders and a passenger capsule 300 feet above sea level.
Can shares of Carnival keep cruising higher? Options traders seem to think so.
Built for longevity, these stocks have one or more of the following: a deep moat, an energetic leader, steady and growing cash flows, and multiple revenue streams.
ORLANDO, Fla., Nov 3- Carnival Corp said on Monday it is outfitting its cruise ships with a hybrid wireless network that will provide guests more reliable and faster connectivity at sea, one of the trickiest places on earth to obtain Internet access. "What we have developed more than the antennas and the satellites is the capability to be able to switch from one...
Using data from Wealth-X and the UBS Billionaire Census 2014, we take a look at who the wealthiest women by region are and how they made their fortunes.
SYDNEY, Oct 30- Coca-Cola Co will pay $500 million for a 29.4 percent stake in the struggling Indonesian production and distribution unit owned by Australia's Coca-Cola Amatil Ltd, the Australian company said on Thursday. The deal will support the expansion of the Indonesia unit with Coca-Cola Amatil retaining control, the company said in a statement.
Oct 23- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, forecast full-year profit below analysts' estimates due to stiff competition in the Caribbean, its biggest market, and a stronger dollar. The company is struggling to boost sales in the Caribbean as smaller rivals such as Europe- based MSC Cruises offer customers packages as cheap...
Some of Monday's midday movers:
Some of the names on the move ahead of the open.
A Dallas hospital lab worker in isolation on a cruse after possible exposure to Ebola has tested negative for the disease.
Discussing Ebola protocol and who's to blame for a Texas caregiver boarding a Carnival Cruise ship, with Stewart Chiron, The Cruise Guy.
A Texas hospital worker who may have handled Ebola samples is currently quarantined aboard the Carnival Magic. "Closing Bell" speaks to Carrie Bond, a family member of a passenger on board.
Companies making headlines before the bell Friday:
David Dingle, Chairman of Carnival U.K., discusses the cruise line operator's decision to explore a joint venture with China State Shipbuilding Corporation.
Art Cashin of UBS Financial Services says the global growth picture is not very bright, and that's dragging down major indexes around the world.