Carnival Corporation reports strong Q1 profits

By Hollie-Rae Merrick Carnival Corporation has reporter stronger-than-expected earnings for the first quarter of 2015. The cruise company made a net profit of $49 million, or $0.06 diluted earnings per share in the last quarter, compared to a net loss of $20 million in the last year period. It attributed its strong earnings to a rise inContinue reading “Carnival Corporation reports strong Q1 profits”

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Carnival Corp cuts profit forecast

By Phil Davies The world’s largest cruise conglomerate Carnival Corporation last night cut its profit forecast for the second half of the year. The US-based cruise giant blamed lower net yields and the cancellation of cruises by its main Carnival Cruise Lines brand, which has suffered from a series of problems with its ships. TheContinue reading “Carnival Corp cuts profit forecast”

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