Carnival Profits Fall, Costly Second Quarter

Wednesday, June 22, 2011
According to a report from the Miami Herald, soaring fuel costs, deployment changes and steep discounting took a chunk out of Carnival Corp.’s second-quarter profits, despite higher revenues year over year. The company earned $206m for the period that ended May 31, an 18% drop from $252m during the same time in 2010, but Carnival’s stock still gained $1.51, or 4.23%, to end trading at $37.24.
 
Source: Miami Herald
 
 
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Finance

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News

WFW Advises ING Bank on $340m Loan Facility for Euronav

Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.

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Clean Marine Wins New Contract

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