Carnival’s Q3 profit rises, but storm clouds are on the horizon

Carnival Corp. reported higher third quarter-net income, but reduced its outlook for the 2019 fiscal year and said that business in Europe and the U.S. had eroded since it last reported results three months ago. Reacting to the mix of news, investors pushed Carnival shares down 7% in mid-morning trading on Thursday. Carnival said netContinue reading “Carnival’s Q3 profit rises, but storm clouds are on the horizon”

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