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Stock Market & Financial Investment News

News Breaks
January 31, 2013
09:32 EDTCCL, CUKCarnival announces repurchase program, Carnival plc share sale
Carnival (CCL) announces that it and Carnival Investments Limited, a wholly owned subsidiary, intend to sell existing Carnival plc (CUK) ordinary shares that they hold in the UK market. The ordinary shares will be sold from time to time in the UK in "at the market" transactions at times when the Carnival common stock is trading at a discount to Carnival plc shares. Carnival intends to use the net proceeds of the sales to repurchase Carnival common stock on at least an equivalent basis in the U.S. market, and to use the remaining net proceeds, if any, for general corporate purposes. Carnival only intends to trade where it will derive an economic benefit from the Carnival plc Share Sales and Carnival Corporation Stock Swap Repurchase program.
News For CCL;CUK From The Last 14 Days
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August 28, 2015
08:49 EDTCCLCarnival expects to carry 400K passengers from Crescent City
Carnival Cruise Line continues to expand its presence at the port and expects to carry a record 400,000 passengers from the Crescent City this year. Currently, Carnival's two New Orleans-based ships include the 3,646-passenger Carnival Dream, offering seven-day Caribbean cruises, and the 2,052-passenger Carnival Elation sailing four- and five-day cruises to Mexico. Carnival will increase capacity on short cruises from New Orleans by 34 percent when the 2,758-passenger Carnival Triumph replaces Carnival Elation next spring.
August 25, 2015
08:23 EDTCCL, CUKCarnival, Royal Caribbean estimates raised at William Blair
William Blair analyst Sharon Zackfia raised her estimates for both Carnival (CCL, CUK) and Royal Caribbean (RCL) citing recent declines in fuel prices and the weaker dollar. Zackfia said that she continues to prefer Royal Caribbean, on which the firm has an Outperform rating, to Carnival, but added that she is encouraged by the improvement in trends this year at the latter.
August 23, 2015
14:06 EDTCCLCruise industry headed for jump in profits, Barron's says
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