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Carnival Corporation & plc announced non-GAAP net income of $2 million, or $0.00 diluted EPS for the first quarter of 2014 compared to non-GAAP net income for the first quarter of 2013 of $67 million, or $0.08 diluted EPS. For…
via PRNewswire Carnival Corporation & plc announced that Micky Arison, Chairman of the Board of Carnival Corporation and Carnival plc, has advised Carnival Corporation that trusts organized for his benefit plan to sell up to 10 million shares of Carnival Corporation common stock (“Shares”) in market sales, representing up…
Tradewinds posted: Passengers on the seven-day Mexico cruise had been posting inquiries about the incident for days but the Carnival subsidiary did not break its silence until today. The ship in question was the 57,092gt Veendam belonging to Holland America. Anti-cruise blog Cruise Law…
Carnival Corporation & plc announced non-GAAP net income of $35 million, or $0.04 diluted EPS, for the fourth quarter of 2013 compared to non-GAAP net income for the fourth quarter of 2012 of $111 million, or $0.14 per share. For the…
Today, Carnival Corp has announced another wave of restructuring within the top levels of the company. It all started back in June with it was announced that Peter Shanks and Carol Marlow were out at the top levels of Carnival UK.…
Carnival Corp announced non-GAAP net income of $1.1 billion, or $1.38 diluted EPS for the third quarter of 2013 compared to non-GAAP net income for the third quarter of 2012 of $1.2 billion, or $1.53 diluted EPS. For the third quarter…
As they promised to do in the recent congressional hearing. Here are the voluntarily released crime statistics form the big three. Carnival Corp Norwegian Cruise Line Royal Caribbean
Sen. Rockerfeller will introduce legislation to “close the tax loophole.” This isn’t a good sign. If passed, then this means prices will go up. Carnival, Norwegian and Royal Caribbean will voluntarily post crime statistics of their ships on their websites. Sen. Rockefeller…
Today in Washington, the congressional Committee on Commerce, Science and Transportation will hold a public hearing titled “Cruise Industry Oversight: Recent Incidents Show Need for Stronger Focus on Consumer Protection.” Carnival’s Gerry Cahill and Royal Caribbean’s Adam Goldstein will appear…
Got to be some sort of SOLAS issue here…. photo via News.com.au
Carnival Corp. reported better than expected Q2 profits of $41m, up from $14m in the same period of last year. As of this post, their Stock has been floating around $34 upon this good news. While short term has been…
Carnival Corp has announced today that Micky Airson will step down as CEO of Carnival Corp. He will remain on the Board and in fact sill be Chairman, but will relinquish his duties as CEO. That role will be filled…
Earlier in the month Carnival made a surprise shakeup in the leadership of their UK brands. They removed P&O Cruises Carol Marlow and Cunard’s Peter Shanks. Now their replacements (kind of) have been named. There exact positions, as presidents of…
Here’s an excerpt from a fascinating interview by Carnival’s recently re-hired Bob Dickinson. I’ve always enjoyed listening to what he has to say. Q: What will you be doing for Carnival? A: I’m going to look at the North American…
Some people are blowing this out of proportion, but this is just a smart strategic move. Seatrade is reporting that Carnival Corp. will be bringing back their former President and CEO of subsidiary Carnival Cruise Line, Bob Dickinson. He was…
A surprise restructuring has hit Carnival UK. Carnival UK CEO David Dingle has let go of Carol Marlow of P&O Cruises and Peter Shanks of Cunard Line. Mr. Dingle now assumes the role of CEO of both lines. Carnival states…
This morning Seatrade posted excerpts from a letter they obtained from Micky Arison going back to Sen. Jay Rockefeller. It’s a must read.
Carnival Corp announced today non-GAAP net income of $65 million, or $0.08 diluted EPS for the first quarter of 2013. Reported U.S. GAAP net income, which included net unrealized losses on fuel derivatives of $28 million, was $37 million, or…
Kari Reinikainen over at Cruise Business has in interesting rumor: Carnival Corp & plc, the world’s largest cruise shipping group, may sell some of the older vessels in its fleet as newbuildings enter service, Chairman and CEO Micky Arison said.…
Hot on the heels of NCL’s shocking newbuild order, industry giant Carnival has placed an order for a 135,000grt vessel for Carnival Cruise Lines. Scheduled to launch in 2016, she will represent a new class of vessel for the line.…
Carnival Corporation & plc announced non-GAAP net income of $1.2 billion, or $1.53 diluted earnings per share, for the third quarter of 2012. Reported U.S. GAAP net income, which includes unrealized gains on fuel derivatives of $136 million, was $1.3…
Sign me up! Oh wait I don’t use Pintrest*. Anyways, still always great to see even industry giants using social websites. Carnival on Pintrest And Click Here For Carnivals Pintrest Contest and Win a Free Cruise. *Not out of spite…
In April, we reported that current Costa CEO Pier Luigi Foschi will retire from his role at Costa Cruises. It seemed to be a reactionary move, corresponding to the Concordia disaster. However, it has been announced that Mr. Foschi will…
Italy’s Fincantieri’s Monfalcone yard has just delivered the Carnival Breeze to Carnival Cruise Lines. The 130,000grt ship will be one of the first Carnival Corp.’s ships post Joe Farcus and Carnival Cruise Lines (CCL) first. The interiors were designed by…
Alex Planes, The Motley Fool: It’s little surprise that the company has failed to recapture pre-recession highs, as its key metrics look worse than they did before the crash. Free cash flow, again erratic over the five-year period, is up…