Carnival Share News (CCL)

IN BRIEF: Carnival welcomes Canada's lifting of Covid restrictions

Carnival PLC - Miami, Florida-based cruise line - Welcomes the decision from Transport Canada to remove all Covid-19 requirements to enter the country. Says Princess Cruises is now "prepared to welcome all guests on cruises visiting, arriving or departing from Canadian ports". Lifted restrictions also apply to its Canada/New England voyages and Alaska cruises.

IN BRIEF: Carnival exchanges USD339 million of existing notes

Carnival PLC - Miami, Florida-based cruise line - Enters into separate, privately negotiated exchange agreements with some holders of its outstanding 5.75% convertible senior notes due 2023, with some of its subsidiaries. Plans to exchange USD339 million of its existing notes for USD339 million of new 5.75% convertible senior notes due October 1, 2024. The new notes will have the same initial conversion price as the existing notes. Expects the exchange to close on August 22.

IN BRIEF: Carnival closes USD1 billion public offer

Carnival PLC - Miami, Florida-based cruise line - Closes underwritten public offering of 102.1 million shares at USD9.95 each, raising about USD1.00 billion.

Financials lift FTSE 100; earnings boost midcaps

July 21 (Reuters) - UK's FTSE 100 crawled higher on Thursday as gains in financial stocks offset the weakness in energy and healthcare shares, while positive corporate earnings reports supported the mid-cap index.

LONDON MARKET CLOSE: Stocks rise; ECB supersizes interest rate hike

(Alliance News) - Stocks in London ended higher on Thursday as investors digested another raft of corporate earnings, while the European Central Bank surprised markets with an aggressive rate hike.

Carnival Corp slides on $1 bln stock offering launch

IN BRIEF: Carnival opens offer for USD1.0 billion shares

Carnival PLC - Miami, Florida-based cruise line - Commences underwritten public offering of USD1.0 billion of shares of common stock. Will grant the underwriter a 30-day option to purchase up to USD150.0 million additional shares. Will use net proceeds for general corporate purposes "which could include addressing 2023 debt maturities".

U.S. stocks weekly: Fizzle

Nike skids on weak forecast as China worries linger

LONDON BROKER RATINGS: RBC cuts Dunelm; Numis lowers Ashmore

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

LONDON MARKET CLOSE: Choppy trading as poor PMI data fuels growth fear

(Alliance News) - Equities in London managed to avert some of the hefty sell-offs seen in the first half of the year, but struggled for direction at the start of the third quarter, as investors chewed on a slew of poor manufacturing readings from across the globe on Friday.

Carnival shares could hit $0 in face of 'demand shock', says Morgan Stanley

(Sharecast News) - Morgan Stanley slashed its price target on shares of cruise operator Carnival on Wednesday to $7 from $13, maintaining its 'underweight' rating and staying cautious following "another chunky forecast cut".

LONDON BROKER RATINGS: JPMorgan cuts Severn Trent, neutral on abrdn

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

U.S. stocks weekly: Summer turn

Carnival's occupancy and bookings continue to recover

(Sharecast News) - Carnival's cash from operations moved back into the black over the second quarter, as sales grew by almost half sequentially and the cruiseline operator recorded its best booking volumes since the start of the pandemic.

Defensive stocks lead rebound in FTSE 100

June 24 (Reuters) - UK's FTSE 100 rose on Friday, lifted by defensive stocks at the end of a choppy week that saw investor anxiety over hawkish central banks, weak economic readings and heightened risks of a global recession.