Arnold Donald, president & CEO of Carnival Corporation, discusses how the cruise ship operator is seeking a balance between the effects of cheaper oil and a stronger U.S. dollar.» Read More
SYDNEY, Feb 26- Australian Prime Minister Tony Abbott backed plans on Thursday to introduce country-of-origin labelling in the wake of a hepatitis A outbreak, potentially risking contravention of World Trade Organization rules. Australia was among plaintiffs against the United States after it introduced its own stronger country-of-origin labelling...
Royal Caribbean, whose cruise lines include Royal Caribbean International, Celebrity Cruises and Azamara Club Cruise, has been battling tough competition in the Caribbean from smaller rivals such as Europe's MSC Cruises, who offer cheaper packages. "The company continues to experience highly competitive Caribbean pricing through the first quarter, but...
Regent Seven Seas cruise line unveiled what it boasts will be "the most luxurious ship" ever, and the price of a stay won't be cheap.
The televised advertising space during the Super Bowl, at up to $4.5 million per 30-second slot, is virtually sold out. The USAT reports.
Notable, wealthy founders and executives saw a wide spectrum of gains and losses from their company's stock movement in 2014.
Dec 19- Carnival Corp, the world's largest cruise operator, said Cuba would present "a tremendous opportunity" if the United States ended its economic embargo on the Caribbean nation. The United States and Cuba said on Wednesday they would restore diplomatic ties, the biggest step towards normalizing business relations since Washington severed them five...
Some of Friday midday movers:
CNBC's Simon Hobbs speaks to Arnold Donald, Carnival Corporation CEO, about potential business in Cuba and the company's Super Bowl ad campaign strategy.
Carnival Cruises earnings have beaten expectations in its fourth quarter, with lower fuel prices being a great help, says David Dingle, UK chairman of Carnival Cruises.
Dec 19- Carnival Corp, the world's largest cruise operator, reported lower-than-expected quarterly sales, hurt by pricing pressure in the Caribbean, its largest market, and a stronger dollar. Carnival said it expected net revenue yields, which combine ticket sales and money spent onboard, to be flat in the first quarter or rise by up to 1 percent on a...
Dec 19- Carnival Corp, the world's largest cruise operator, reported a higher-than-expected adjusted profit for the fourth quarter as it raised ticket prices and customers spent more onboard. The company reported a loss of $102 million, or 13 cents per share, for the quarter ended Nov. 30 compared with a profit of $66 million, or 8 cents per share, a year earlier.
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,...
Shares of cruise company Carnival and airliner Copa Holdings were among the stocks boosted on normalized diplomatic Cuban relations.
*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...
Some of Wednesday's midday movers:
Investing in Cuba: it's one thing to try to ease travel restrictions and open an embassy, it's another to lift the embargo.
Companies making headlines before the bell Monday:
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.