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Stock Market & Financial Investment News

News Breaks
February 28, 2014
10:20 EDTCCL, CUKCarnival says Chairman to sell up to 10M shares
Carnival announced that Micky Arison, Chairman of the company, has advised Carnival that trusts organized for his benefit plan to sell up to 10M shares of common stock in market sales, representing up to approximately 1% of the total combined voting rights. Arison indicated that he is selling for tax planning, estate planning and diversification purposes. Of the 10M shares, 5M shares were sold on February 28 at a price of $39.50 per Share.
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July 30, 2014
11:33 EDTCCL, CUKCarnival subsidiary announces plan to add new ship to fleet
Princess Cruises, a subsidiary of Carnival Corporation (CCL, CUK), announced that it has reached an agreement with the Italian shipbuilder Fincantieri to build a new ship, which will enter service in 2017. The as-yet unnamed 143,000-ton vessel, which will be built at an all-in cost of approximately 600 million euros, will carry 3,560 passengers. Specific features and amenities for the ship, along with deployment details, will be revealed in the coming months, the company said.

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