Hints and tips:
...“I’d imagine a lot of the multinationals and corporations that are thinking of investing in Panama are also thinking, ‘am I going to get caught up in this?’”...
...Robert ArmstrongThe number three and four best-performing stocks in the S&P 500 with total returns of 144 and 125 per cent, respectively, are Royal Caribbean Cruises and Carnival Cruise Lines....
...Consider Carnival, the global cruise line. Before the pandemic, its total debt balance was just over $10bn. Today, Carnival sits a lower in the water, its debt has swelled to more than $35bn....
...And Carnival’s joint venture partnership with China State Shipbuilding Corporation, CSSC-Carnival, is set to have its first cruise ship to serve mainland China delivered in 2023....
...Clearing Corporation and triggered the meme stock trading halts....
...Holiday travel: Cruise line Carnival Corporation will provide a business update that could provide insight into consumer holiday travel....
...There’s a reason Cardi B’s song “Wap” — “He got some money, then that’s where I’m headed/Pussy A-1, just like his credit” — opens the film....
...Carnival Cruise Line, a subsidiary of Carnival Corporation, said the week to April 3 was the busiest for bookings in its 50-year history....
...It strikes me that many countries are already required to try to regulate such outsized corporations, and I wonder what the upside is in this case — other than for cruise lines and equity investors....
...Norwegian Cruise Line Holdings fell 2.6 per cent, while Carnival Corporation moved 1.3 per cent lower....
...Carnival, which has been unable to operate in its core US market since March last year, last week said it finally expected to return three of its US-based cruise lines to service by July....
...On the same day Moody’s slashed Carnival Corporation’s credit rating and the World Health Organization declared Covid-19 a global pandemic, David Bernstein, the cruise company’s finance chief, was in the...
...The chief executive of the world’s largest cruise company has said that shrinking its fleet due to the pandemic will slow Carnival’s full recovery until 2023, as cruise lines battle prolonged lockdowns and...
...Cruise ship operator Carnival has been struggling all year to reduce interest costs, having issued notes with a 11.5 per cent coupon in April 2020 just to keep afloat. But its story is atypical....
...Its net debt to estimated 2022 ebitda ratio is a scary 6 times, above Carnival Corporation’s near-5 times. But it is not alone in issuing healthy shipping forecasts....
...Carnival Corporation, the world’s largest cruise line operator, said on Wednesday that it hoped to have all of its 90 ships running by the end of the year but would only have 12 per cent of the fleet in...
...Coronavirus had broken out on a ship from rival cruise line Carnival and was sweeping through its guests....
...Investors who bought new bonds last week from Carnival Corporation, backed by a claim on its fleet of ships, may soon find that some of that collateral has floated away....
...Carnival Corporation, P&O’s parent company and the world’s largest cruise operator, said last week that although it had drastically cut costs, it had spent $770m per month in the three months to August,...
...Struggling cruise operator Carnival Corporation, which carries a slightly higher single B rating despite burning through half a billion dollars a month as its ships sit idle, was able to borrow $3.5bn last...
...Carnival Corporation raised a further $1.3bn secured against its fleet of ships on Wednesday, as the cruise operator seeks to steady itself while burning through more than half a billion dollars per month...
...Carnival Corporation, which controls 70 per cent of the cruise market, is not part of the panel....
...This week, Carnival Corporation pulled off an audacious refinancing, raising $6bn from investors. The cruise line’s chutzpah is impressive....
...Carnival Corporation, the world’s largest cruise operator, received $17bn of orders from bond investors last week for $4bn of debt backed by its fleet of ships....
...Viking Cruises set a 13 per cent coupon on its five-year bond in May, while Carnival Corporation and American Airlines also both offered double-digit interest rates. But Ligado is going further....
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