France / Français
Carnival Cruise Line Hits Rough Waters as Shares Drop Amid Gloomy Forecast
4 monthes ago - By Fortune
Shares of Miami-based Carnival dropped after the cruise company announced a gloomier-than-expected forecast Monday.
The company's shares tumbled nearly 10% following an announcement by Carnival CEO Arnold Donald on a quarterly conference call that rising fuel prices and currency headwinds would cause full-year earnings outlook to miss expected high water marks.
Shares ultimately closed down 7.85% Monday after the cruise giant adjusted its projections down from $4.20 to $4.40 per share down to a range of $4.15 to $4.25 per share.
During a strong second quarter, Carnival saw shares rise 78...
Read more ...
The headlines of Business Mag
HOLD FAMILY A multiplayer network game for families
Spend more time with your family and less with your phone with the Hold Family app made by us! :)
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
The cannabis producer Cronos posts strong revenue growth but a bigger loss
Cronos Group reported third-quarter results on Tuesday. The marijuana producer's revenue grew 186% year-over-year. Its loss widened by $0.03 a share. Watch Cronos Group trade...
“Rent tech” focused RET closes first fund; pours $5M into management...
Today, Real Estate Technology Ventures Ventures announced the final close of $108 million for its first fund. RET focuses on early-stage investments in companies that are...
Amazon Alexa Fund-backed ParkWhiz raises an additional $5 million
Chicago startup ParkWhiz announced a $5 million equity deal with Amazon's Alexa Fund and others, bringing its total raised to date to $61 million.
Apple took nearly 30 years to hit a value of $190 billion. It lost that much...
Apple's market cap has dropped $190 billion in around five weeks and it lost its $1 trillion valuation on Monday. It took Apple nearly 30 years to reach a $190 billion...
Morningstar's $207 billion CIO breaks down why investors have 'significantly...
Large-cap growth companies have been among the biggest losers of the stock market's declines since early October. This trend was to be expected because investors had overpaid...
VanEck Vectors Gold Miners ETF , Analysts Predict 40% Upside
From ETF Channel : For the Gold Miners ETF , we found that the implied analyst target price for the ETF based upon its underlying holdings is $26.58 per unit. Looking at the...
Update: For Fun, Stock Market as Barometer of Policy Success
By request, here is an update to the chart showing market performance under Presidents Trump and Obama. Note: I don't think the stock market is a great measure of policy...
New York City Is The Leading Market in The U.S. Construction Pipeline
In the third quarter of 2018, analysts at Lodging Econometrics report that the top five markets with the largest total hotel construction pipelines are: New York City with 170...
Big Outflow Detected in Vanguard Growth ETF
From ETF Channel : Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Growth ETF We...
Tech stocks are getting slammed, Dow drops more than 300 points
Stocks were lower for a third straight day Monday. Technology was pressured amid worries of slowing iPhone demand. Oil gained as Saudi Arabia signaled it would cut production...