All articles tagged with #carnival
The Kepner family says they are at peace now that Timothy Hudson—Anna Kepner’s stepbrother accused of raping and murdering her aboard a Carnival Cruise—had his pretrial release revoked and was sent to jail ahead of his trial. Hudson, charged as an adult with murder and aggravated sexual abuse, has pleaded not guilty, and his custody ensures he cannot harm anyone else while the case proceeds.
Carnival Corp says an unauthorized actor used social engineering to deceive an employee, gaining limited access to its IT system. More than 800,000 Texans were affected, with exposed information potentially including names, addresses, emails, phone numbers, dates of birth, and government IDs such as driver’s licenses and passports. Carnival is notifying impacted customers and offering two years of free credit monitoring through TransUnion, plus a dedicated call center as it continues its investigation and strengthens security.
An 88-year-old American woman died after losing control of her mobility scooter and plunging from a Bahamas pier while the Carnival Celebration was docked at Celebration Key. Carnival says rescuers retrieved her from the water but she did not survive; Bahamian police are investigating the death as a suspected drowning, noting she may have struck the hull before entering the water. Witnesses said she appeared to suffer a heart attack before the fall.
Carnival (CCL) posted a strong first quarter with adjusted EPS of $0.20 on revenue of $6.2 billion, topping consensus of $0.18 and $6.14 billion, aided by record results and bookings. Despite the beat, the stock fell about 1.3% as the company guided 2026 yields up around 2.75%, cruise costs excluding fuel higher by about 3.1% per ALBD, and an expected roughly $150 million improvement in adjusted net income versus December guidance. Fuel assumptions were outlined for the coming quarters. Analysts remain positive, with a Strong Buy consensus and an average target of $35.31, implying roughly 43% upside.
Brazilian President Lula da Silva was celebrated at Rio de Janeiro's Sambadrome in a samba parade honoring his rise to power, but opponents allege the tribute could constitute early campaigning in an election year and threaten electoral-law action. Supporters say it’s a cultural homage, while critics warn of fines or misuse of public resources, highlighting legal scrutiny ahead of the October vote and the delicate line between festival celebration and politics.
Revelers in Pasto, Colombia, celebrated the Black and White Carnival with parade floats and costumes, an event recognized by UNESCO as Intangible Cultural Heritage.
Carnival's shares surged after reporting a strong Q4 with a 140% earnings increase, beating estimates, and reinstating its dividend, with optimistic outlooks for 2026. The company set records in 2025, expects further growth, and its stock reached a five-year high, benefiting from record bookings and high occupancy rates. Rival cruise stocks also gained.
Carnival exceeded Q4 earnings expectations with record revenue and strong 2026 guidance, leading to a rise in cruise stocks including Royal Caribbean and Norwegian Cruise Line, signaling a positive outlook for the cruise industry despite recent volatility and Caribbean market concerns.
The article highlights the biggest midday stock movements involving companies like Lamb Weston, KB Home, Carnival, Oracle, and CoreWeave, indicating notable activity in the stock market.
Despite strong Q3 earnings and an optimistic full-year outlook, Carnival's stock fell due to fears over future yield/cost spread, but analysts like Steven Wieczynski see the decline as a short-term dip and recommend it as a long-term buying opportunity, with a target price suggesting a 38% gain in a year.
Carnival reported strong Q3 earnings exceeding expectations due to resilient cruise demand and record-high bookings for 2026, yet its stock fell 2% after initially rising over 5%, possibly reflecting investor concerns about the cruise rally's sustainability despite positive outlooks and upgraded guidance.
Carnival (CCL) is expected to report strong Q3 earnings driven by high demand and higher profits, with an anticipated 15% upside in its stock price.
Two American Carnival cruise passengers drowned within three hours at the exclusive Celebration Key resort in the Bahamas, with investigations ongoing to determine the cause of death. Neither victim has been publicly identified, and both incidents occurred in separate locations at the resort, which opened less than a month ago.
Carnival's stock surged about 9% after reporting strong Q2 earnings, a record revenue, and raising its full-year profit guidance, amid falling oil prices and easing geopolitical tensions, which boosted investor confidence in the cruise sector's outlook.
The S&P 500 rose as Carnival and other travel-related stocks surged following strong Q2 earnings and optimistic outlooks, despite potential risks from Middle East tensions and rising fuel costs. Carnival exceeded earnings estimates, raised its full-year outlook, and reported high bookings, fueling a 9.5% stock increase.