FTSE 100 movers: IMI climbs on upbeat report

16th Nov 2012 15:27

Engineering giant IMI gained after saying that second-half trading has been in line with expectations so far in spite of some expected weakness in the Fluid Power division. Serco rose strongly after it delivered the anticipated pick-up in performance in the second half and said it is on track to m

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Carnival to pay special divi of 50 cents per share

16th Nov 2012 14:23

Shareholders of cruise operator Carnival are in for an additional payout of 50 US cents per share in December, in a move to return excess cash back to investors. Carnival will pay a special dividend of $0.50 per share on December 28th, as well as the previously announced regular quarterly payout of

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Carnival commissions two new cruise ships

26th Oct 2012 14:54

Carnival, the cruise ship operator, has signed an agreement for the construction of two new cruise ships, a 99,000-ton, 2,660-passenger ship for Holland America Line and a 135,000-ton, 4,000-passenger ship for Carnival Cruise Lines. The smaller of the ships is scheduled for delivery in autumn 2015

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London close: Economists see MPC taking QE off the table

25th Oct 2012 16:45

- UK and US data beats expectations - UK QE off the table for November's meeting, say analysts - Miners provide a drag on the Footsie Stocks pared gains to finish flat by the close on Thursday despite a barrage of better-than-expected data the world over - including UK gross domestic product (GDP)

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Carnival buoyed as Royal Caribbean reiterates targets

25th Oct 2012 15:34

Cruise operator Carnival rose three per cent in afternoon trade on Thursday, making it the top riser among FTSE 100 stocks, buoyed by news that its US rival Royal Caribbean has raised its full-year forecast. Royal Caribbean now expects 2012 earnings of $1.85 to $1.95 per share, 15 cents higher than

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FTSE 100 movers: Carnival rises on Royal Caribbean's outlook

25th Oct 2012 15:14

Cruise operator Carnival rose three per cent, making it the top riser among FTSE 100 stocks in afternoon trade, buoyed by news that its US rival Royal Caribbean has raised its full-year forecast. Carnival had to cut prices to get people back on board with the idea of cruise holidays after the Costa

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London close: Equities cruise higher

25th Sep 2012 16:45

US consumer confidence data lit a small fire under equities in the afternoon session, after a drab morning in which leading shares moved mostly sideways. The Conference Board's measure of US consumer confidence rose more than expected in September to its highest level in seven months. M&A activity

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FTSE 100 movers: Weir leads risers on bid speculation

25th Sep 2012 15:49

Weir is leading the risers on the back of speculation that GE, which yesterday said it was keeping an eye out for potential acquisitions, might be about to make a bid for the engineering giant. Hot on its tail, Carnival rose after reporting continuing strength in fleetwide booking volumes and pric

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Carnival on an even keel

25th Sep 2012 14:59

Cruise operator Carnival posted a year-on-year decline in net revenue yields for the third quarter to the end of August despite continuing strength in fleetwide booking volumes and pricing trends since June. The firm has had to cut prices to get people back on board with the idea of cruise holiday

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Carnival appoints former Costa Cruises CEO in new post

12th Sep 2012 16:45

Cruise operator Carnival has appointed the Chairman and former Chief Executive Officer of Costa Cruises, Pier Luigi Foschi, to oversee the company's growth strategies within the expanding Asian region. Foschi will now be responsible for establishing Carnival's new corporate offices in Singapore an

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Broker tips: Carnival, Home Retail, easyJet

5th Sep 2012 12:04

Galvan Research and Trading recommends to 'sell' shares of cruise operator Carnival, saying that recent prices cuts are putting pressure on margins. "Although Carnival shares and the firm's reputation have rebounded to some degree since the Costa Concordia disaster, the cruise operator has had to c

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Broker snap: Margins a concern at Carnival, says Galvan

5th Sep 2012 11:36

Galvan Research and Trading recommends to 'sell' shares of cruise operator Carnival, saying that recent prices cuts are putting pressure on margins. In the wake of the Costa Concordia tragedy in January, Carnival said that it was having to reduce prices. The firm said in June that pre-tax profits i

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Tuesday broker round-up

26th Jun 2012 09:38

Advanced Medical Solutions: Peel Hunt upgrades to buy. Cairn Energy: UBS cuts target from 365p to 275p, neutral rating kept. Carnival: Jefferies maintains buy recommendation and 2,400p target. Carpetright: Peel Hunt keeps hold rating and 600p target. Cookson: Exane BNP Paribas cuts target from 7

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Broker tips: Carnival, Polymetal, Tower Resources...

25th Jun 2012 11:26

Investec has labelled cruise operator Carnival as a 'key sector pick', saying that the recent dip in the share price should be used as a buying opportunity; the target price is lifted from 2,500p to 3,000p. "We advise utilising Friday's drop to invest in our sector key pick, with the group having:

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Broker snap: Investec lifts Carnival target by a fifth

25th Jun 2012 09:52

Investec has labelled cruise operator Carnival as a 'key sector pick', saying that the recent dip in the share price should be used as a buying opportunity. The group reported its second-quarter results on Friday which showed better-than-expected net revenue yields (-1.4% compared to earlier guidan

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