International Business News - CCL http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Royal Caribbean Cruises Ltd.'s suspension of its regular quarterly common dividend indicates a desire to take a more conservative approach with its liquidity position, analysts said Wednesday. http://www.ibtimes.com/articles/20081119/ahead-of-the-bell-royal-caribbean-drops-dividend.htm Wed, 19 Nov 2008 08:57:57 EST Shares of cruise operator Carnival Corp. continued to sink on Monday following the cruise operator's announcement Friday that it would suspend its dividend, while analysts generally praised the move. http://www.ibtimes.com/articles/20081103/carnival-shares-sink-deeper-on-dividend-suspension.htm Mon, 03 Nov 2008 19:00:57 EST Marriott International Inc.'s stock fell on Monday after the hotel company's chief executive said that the hotel company's business outlook has weakened further over the past several weeks. http://www.ibtimes.com/articles/20081103/marriott-shares-fall-on-weakened-outlook.htm Mon, 03 Nov 2008 17:49:40 EST Among the premarket stories for Monday, Nov. 3, from AP Financial News: NEW YORK (AP)--Looking to squash speculation that it is looking to buy Sanyo Electric Co., Panasonic Corp. said that it has not made a decision about a potential purchase. http://www.ibtimes.com/articles/20081103/premarket-roundup-panasonic-anntaylor.htm Mon, 03 Nov 2008 09:56:42 EST A Deutsche Bank North America analyst upgraded Carnival Corp. on Monday, citing the stock's attractive price. On Friday the Miami-based cruise operator said it was suspending its dividend to preserve cash and help fund new ships next year without tapping the credit markets. The suspension will go into effect after the company's December payout of 40 cents per share. http://www.ibtimes.com/articles/20081103/ahead-of-the-bell-analyst-upgrades-carnival.htm Mon, 03 Nov 2008 08:55:01 EST Shares of Carnival Corp. plunged on Friday after the cruise operator suspended its dividend to preserve cash and help fund new ships next year without tapping the credit markets. http://www.ibtimes.com/articles/20081031/carnival-shares-plunge-after-dividend-suspension.htm Fri, 31 Oct 2008 18:13:04 EDT Among the earnings projection stories for Friday, Oct. 31, from AP Financial News: NASHVILLE, Tenn. (AP)--HealthSpring Inc. raised its profit and revenue expectations for 2008 Friday, as the insurer expects more members in Medicare Advantage plans and prescription drug plans. http://www.ibtimes.com/articles/20081031/outlook-roundup-healthspring-thoratec.htm Fri, 31 Oct 2008 14:41:41 EDT Cruise operator Carnival Corp. boosted its full-year earnings outlook range Friday on new currency exchange rates and fuel prices. Fuel costs have started to come down as the demand for oil weakens. Oil prices slipped below $64 a barrel Friday, extending declines after data showed the U.S. economy contracted in the latest quarter, reinforcing expectations of a prolonged slump in demand. http://www.ibtimes.com/articles/20081031/carnival-raises-2008-earnings-outlook-range.htm Fri, 31 Oct 2008 10:16:51 EDT Carnival Corp. said Friday that it will suspend its dividend for the first quarter as it looks to preserve cash during uncertain economic times. The move is expected to lead to annual savings of about $1.3 billion and allows for the funding of new ships without tapping credit markets, the cruise operator said. http://www.ibtimes.com/articles/20081031/carnival-suspends-dividend-for-1st-quarter.htm Fri, 31 Oct 2008 10:04:20 EDT Carnival Corp. said Monday that holders of $377.1 million of notes due in 2021 have exercised their right to have the cruise operator buy back the notes at the issue price plus an accrued issue discount. http://www.ibtimes.com/articles/20081027/carnival-noteholders-exercise-buyback-option.htm Mon, 27 Oct 2008 11:12:52 EDT Shares of cruise operators declined Thursday as a Goldman Sachs analyst lowered some price targets, saying investors remain wary of companies whose performance is closely tied to discretionary spending. http://www.ibtimes.com/data/articleimgs/165103-congresswomans-house.jpg http://www.ibtimes.com/articles/20081023/sector-snap-cruise-operators-targets-get-trimmed.htm http://www.ibtimes.com/articles/20081023/sector-snap-cruise-operators-targets-get-trimmed.htm Thu, 23 Oct 2008 13:24:07 EDT Tourism is returning to Grand Turk as the island recovers from Hurricane Ike. The cruise ship Carnival Destiny made a port call Wednesday and brought some 2,800 passengers to the capital of the Turks and Caicos Islands. http://www.ibtimes.com/articles/20081008/grand-turk-cruise-ship-terminal-back-in-business.htm Wed, 08 Oct 2008 18:01:42 EDT A Deutsche Bank analyst slashed Carnival Corp.'s rating to "Sell" from "Buy" on Thursday and said the cruise operator may need a "strategic shift" to cope with high fuel prices and shipbuilding costs. http://www.ibtimes.com/articles/20080925/analyst-cuts-carnival-rating-to-sell.htm Thu, 25 Sep 2008 13:58:07 EDT Among the earnings stories for Thursday, Sept. 18, from AP Financial News: NEW YORK (AP)--FedEx Corp. said Thursday its fiscal first-quarter earnings fell 22 percent, but still met Wall Street's expectations, as cost cuts partially offset the impact of slowing global growth. http://www.ibtimes.com/articles/20080918/earnings-roundup-fedex-conagra.htm Thu, 18 Sep 2008 19:13:33 EDT Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080918/morgan-stanley-carnival-fedex-among-big-movers.htm Thu, 18 Sep 2008 17:17:37 EDT Among the earnings stories for Thursday, Sept. 18, from AP Financial News: NEW YORK (AP)--Carnival Corp., the world's largest cruise operator, beat analysts' third-quarter profit expectations and raised its 2008 guidance, but the company's shares slipped on signs of weakness in advance bookings. http://www.ibtimes.com/articles/20080918/earnings-roundup-carnival-conagra-foods.htm Thu, 18 Sep 2008 14:30:48 EDT Carnival Corp., the world's largest cruise operator, beat analysts' third-quarter profit expectations and raised its 2008 guidance, although signs of weakness in advance bookings worried some analysts and investors. http://www.ibtimes.com/articles/20080918/carnival-3q-earnings-dip-but-beat-forecasts.htm Thu, 18 Sep 2008 17:17:37 EDT Major business events and economic events scheduled for Thursday: WASHINGTON--Labor Department releases weekly jobless claims, 8:30 a.m. http://www.ibtimes.com/articles/20080917/calendar-of-major-business-events-thursday.htm Wed, 17 Sep 2008 14:54:02 EDT Carnival Corp., the world's largest cruise operator, reports its fiscal third-quarter results on Thursday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080917/earnings-preview-cruise-operator-carnival-corp.htm Wed, 17 Sep 2008 12:41:03 EDT Major business events and economic events scheduled for the coming week (some dates are tentative): MONDAY, Sept. 15 http://www.ibtimes.com/articles/20080912/upcoming-business-events-and-economic-reports.htm Fri, 12 Sep 2008 17:57:14 EDT