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January 31, 2013
09:32 EDTCUK, CCLCarnival 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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May 13, 2015
10:01 EDTCCLOn The Fly: Analyst Upgrade Summary
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07:48 EDTCCLCarnival upgraded to Buy from Neutral at SunTrust
SunTrust upgraded Carnival to Buy from Neutral and maintained its $53 price target. The firm's cruise line pricing survey observed three consecutive months of strong forward pricing, implying a favorable earnings outlook for Carnival. SunTrust said Carnival shares are still off the most from 2008 peak net yields compared to peers and the firm thinks its stock has the most room to run among the group.

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