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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.
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.