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Norwegian Cruise Line Holdings is acquiring Prestige Cruises International for $3.025 billion in cash and stock.
Aug 31- Norwegian Cruise Line Holdings Ltd, the world's third largest cruise operator, is in advanced talks to acquire peer Prestige Cruises International Inc for around $3 billion, according to people familiar with the matter.
The cruise industry is seeking a bigger slice of the growing Chinese tourist pie, with Beijing putting its heft behind expansion efforts.
Some of Thursday's midday movers:
Arnold Donald, CEO of Carnival Corporation, describes the initiatives that the firm has implemented to meet the demands of Chinese consumers.
The "Fast Money" traders share their final trades of the day.
Cigar City Brewing will have two brews on Carnival ships in what's being billed as a unique deal between a craft brewer and cruise line.
The world's largest cruise ship operator Carnival Corp. beat profit estimates for the last 3 months. Its CEO Arnold Donald provides insight to the improvements from one year ago.
June 24- Carnival Corp, the world's largest cruise operator, forecast an adjusted profit below market estimates for the current quarter, blaming increased competition in the Caribbean.
*Forecasts $1.38- $1.44/ share for Q3 vs est $1.51. June 24- Carnival Corp, the world's largest cruise operator, forecast a weaker-than-expected adjusted profit for the third quarter, citing increased competition in the Caribbean and higher costs, sending its shares down 2 percent in early trading.
June 24- Carnival Corp, the world's largest cruise operator, said its quarterly profit more than doubled as costs fell. Net income rose to $106 million, or 14 cents per share, in the second quarter ended May 31, from $41 million, or 5 cents per share, a year earlier. Excluding items, the company earned 10 cents per share.
The stock market's record-breaking rise could get derailed by oil.
CEO of Royal Caribbean hopes to attract reluctant cruise takers.
Carnival's new CEO made a career at Monsanto overseeing Roundup weed killer and later led a company manufacturing the artificial sweetener Equal.
The market continued its march higher Thursday, but for Gotham's Joel Greenblatt there are always places to find opportunity.
Some of the names on the move ahead of the open.
Some of Tuesday's midday movers:
Ann Sherry, CEO at Carnival Australia, describes the company's plans to make Australia one of their main ports of call
The Carnival-owned Queen Mary 2 docked in New York City for anniversary celebrations.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.