44.68 0.00 (0.00%)
After hours: 4:51PM EST
|Bid||44.29 x 900|
|Ask||44.65 x 1400|
|Day's Range||44.42 - 45.01|
|52 Week Range||39.92 - 62.52|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||10.12|
|Earnings Date||Sep 25, 2019 - Sep 30, 2019|
|Forward Dividend & Yield||2.00 (4.44%)|
|1y Target Est||48.47|
MIAMI, Nov. 11, 2019 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) signed a memorandum of understanding (MOU) with The Bahamas to fund and support flood damage repairs and basic restoration efforts at Rand Memorial Hospital, the primary hospital in Freeport, Grand Bahama Island, which sustained significant damage in September from Hurricane Dorian. The MOU agreement formalizes a collaborative partnership between The Bahamas and Carnival Corporation designed to provide hurricane relief funds for the joint mission of rapidly restoring Rand Memorial Hospital, with a collective goal of returning the facility to a safe and healthy environment for patients and medical professionals by the end of March 2020.
Solid prospects in the Canadian and international markets are expected to have driven Aurora Cannabis' (ACB) fiscal first-quarter performance.
In 2013 Arnold Donald was appointed CEO of Carnival Corporation & Plc (NYSE:CCL). First, this article will compare CEO...
MIAMI and MENLO PARK, Calif., Nov. 7, 2019 /PRNewswire/ -- Continuing its efforts at making a cruise vacation available to everyone, Carnival Cruise Line is partnering with Uplift to bring flexible pay-over-time options to Carnival guests. Instead of paying for the cruise at the time of booking, Uplift Pay Monthly gives Carnival's guests the freedom to finance their trip and pay over time. With Uplift, vacationers can budget for their ideal trip by making low monthly payments for up to 24 months.
Guests aboard the March voyage from Fort Lauderdale will have exclusive opportunity to bid on items from the Hollywood legend's collection ahead of April auction VALENCIA, Calif. , Nov. 7, 2019 /PRNewswire/ ...
SEATTLE, Nov. 5, 2019 /PRNewswire/ -- Strengthening its position as the number-one cruise line for adventures to the Great Land, Holland America Line was named the top pick for Alaska cruises in the 2019 AFAR Travelers' Choice Awards. This is the second time the cruise line has won the Alaska category in the award's four-year existence. The 2019 AFAR Travelers' Choice Awards are voted on by AFAR readers who select the cruise lines that capture their imagination and inspire their travel plans.
MIAMI, Nov. 4, 2019 /PRNewswire/ -- As part of its overall commitment to advance diversity, equity and inclusion in the workplace, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest leisure travel company, is supporting Catalyst's Now Is the Moment—Be a Catalyst campaign, which has raised $21 million toward its $25 million goal. The funds raised through this effort will support research and programming to help Catalyst – a global expert in accelerating progress for women through workplace inclusion – and its supporters to advance women's leadership in the global workforce. The campaign theme – Now Is the Moment—Be a Catalyst – underscores the ongoing effort to achieve the organization's goal of tangible progress toward advancing women in the workplace, to close the gender pay gap, to lead for equity and inclusion, and to advocate for more women on boards.
Sale available on select cruises to worldwide destinations from February 2020 - May 2020 SANTA CLARITA, Calif. , Nov. 1, 2019 /PRNewswire/ -- Princess Cruises is offering guests up to 40 percent off ...
Sale Includes Up to $800 Onboard Spending Money and More SANTA CLARITA, Calif. , Nov. 1, 2019 /PRNewswire/ -- In celebration of its upcoming 55th anniversary, Princess Cruises is helping travelers turn ...
The travel industry is facing an environmental reckoning these days and cruise lines are front and center for much of that scrutiny. While most of the conversation about the greening of the travel industry has focused on carbon emissions that cause global warming, cruising has a more urgent and surprising problem on the air pollution […]
MIAMI, Oct. 30, 2019 /PRNewswire/ -- With this week's delivery of Carnival Panorama at the Fincantieri shipyard in Marghera, Italy, Carnival Cruise Line officially welcomes its 27th ship and the third vessel in the popular Vista class. "Carnival Panorama is the 15th ship built by Fincantieri for Carnival Cruise Line and once again, the skill and hard work of hundreds of talented craftspeople are on display here aboard the beautiful Carnival Panorama," said Christine Duffy, president of Carnival Cruise Line.
(Bloomberg) -- One of the world’s richest and most discreet families must decide what to do with a massive pile of cash.The Van der Vorms, little known outside the Netherlands despite holdings that span the globe, will get as much as $4 billion this year from the sale of an eyewear retailer to Ray-Ban maker EssilorLuxottica SA. The money will go into the publicly traded Hal Trust, which the family controls.“I’m very curious what Hal will do with the billions,” ABN Amro Bank NV’s Thijs Berkelder said. “Nobody from outside knows.” The family could return cash to shareholders, invest it or even close the fund and become full-time philanthropists, the Amsterdam-based analyst said.The Van der Vorms have been in this position before. They made their fortune building Holland America Line, a transatlantic shipping firm sold in the 1980s to Carnival Plc for about $600 million. The family put the money to work within the investment firm, which bears the initials of Holland America Line.Hal has since returned almost 2,000% and today spans timber, aviation and maritime holdings with assets of more than 11.3 billion euros ($12.5 billion). The family is worth about $11.2 billion based on the most recent filings for two holding companies it controls, according to the Bloomberg Billionaires Index, though individual members may privately own other assets.Bearer SharesDespite being publicly traded, Hal’s inner workings are shrouded in secrecy.The firm’s stock includes bearer shares, enabling owners to conceal their identities. Family members and other Hal Trust executives are referred to in filings by their initials only and eschew publicity. When a senior employee, Jaap van Wiechen, was invited to receive an award in Amsterdam four years ago he turned down the honor and didn’t attend the event.“They always decline to answer even the most trivial questions and simply direct you to their website,” said KBC Securities analyst Joachim Vansanten. “It’s very rare these days to see a company as secretive as Hal.”Martijn Van der Vorm, 61, the trust’s executive chairman until five years ago, lives in Monaco and prefers solo sailing to glitzy galas. His cousin, Carel Ole, 48, lives in London and operates an agricultural investment firm headquartered on a side street near tourist-packed Paddington Station.Representatives for Hal Trust declined to comment, and attempts to reach Martijn and Carel Ole were unsuccessful. Hal Trust’s shares have climbed 4.4% this year and were little changed at 136.20 euros at 12:47 p.m. in Amsterdam.Gang KidnappingRich Dutch families have good reason to be discreet. The country was stunned in 1983 when a gang kidnapped brewery magnate Freddy Heineken for ransom. Two decades later, armed men snatched Claudia Melchers, the daughter of billionaire industrialist Hans Melchers, who happened to be a major Hal shareholder.The Netherlands is also a society that prides itself on egalitarianism.“In the Netherlands, most wealthy families don’t want to be known for being rich,” said Actiam NV analyst Corne van Zeijl, who owns shares in the firm for his personal account. “I also think that’s part of a wider Northern European culture where wealthy families tend to not display their wealth.”Unwanted AttentionEven as the family avoids the limelight, its fortune has continued to grow. Last year, Hal expanded further outside the Netherlands with an $840 million deal for U.S. flooring-maker Formica and a German orthopedic technology firm.The trust has stakes in more than 20 companies, including dredging firm Boskalis Westminster NV, Safilo Group SpA and oil and gas services firm SBM Offshore NV. The sale of its 77% stake in eyewear company GrandVision NV to EssilorLuxottica is expected to be completed by July 2021.See also: GrandVision sees Ebitda growth below medium-term objectiveStill, the family has recently faced unwanted attention. The Panama Papers data leak from law firm Mossack Fonseca put a focus on Hal’s headquarters in Curacao, a Dutch Caribbean island whose tax regime has drawn scrutiny from European lawmakers. It was a Dutch news group owned by Hal that helped break the news on the data leak.True to form, the Van der Vorms stayed silent as the Panama Papers’ revelations sparked protests, government inquiries and resignations from lawmakers whose financial affairs were exposed.Rotterdam TiesThe Van der Vorms still have deep ties to Rotterdam through philanthropy. Martijn and Carel Ole support foundations that provide funding for social and cultural programs in the city. One project involves converting an old Holland America warehouse into a waterfront museum commemorating the millions of immigrants who passed through the building on their way to North America.They weren’t always so low-profile.As owners of some of the world’s biggest cruise ships, the Van der Vorms turned up at galas with artists, politicians and Dutch royalty. In 1984, Martijn’s late father, Nico, popped up in the New York Times to mark a cruise ship’s completion.“The highest form of bliss is living with a certain degree of folly,” he said when asked why he built the vessel, quoting 16th-century Dutch philosopher Erasmus.Holland AmericaHolland America Line, which dates to 1873, became part of the family’s holdings when Rotterdam businessman Willem Van der Vorm saved the company from bankruptcy during the Great Depression. Its ships carried millions of Europeans to North America, many with one-way tickets.Nico Van der Vorm eventually became the company’s chief executive officer and was pivotal in shaping the family’s fortune. Before his death in 1995, he moved Holland America’s headquarters to Seattle and its holding company to Curacao. Three decades ago, he accepted Carnival founder Ted Arison’s offer to buy the company.The family remains active in Seattle real estate. It has acquired more than two-dozen properties in the area over the past quarter century, including one it sold last year for $20.5 million that dates to the city’s founding.The Van der Vorms’s buy-and-hold strategy has also proved lucrative for others. Melchers’s 17.4% stake is worth $2.2 billion, according to the Bloomberg Billionaire’s Index.“The family dares to make big bets on companies and also dares to stick with their investments for a long time,” said ABN Amro’s Berkelder. “It’s family wealth, so they are not out there to maximize the return within a year.”(Updates with share price in 10th paragraph.)To contact the reporters on this story: Ruben Munsterman in Amsterdam at firstname.lastname@example.org;Ben Stupples in London at email@example.comTo contact the editors responsible for this story: Dale Crofts at firstname.lastname@example.org, ;Pierre Paulden at email@example.com, Steven Crabill, Peter EichenbaumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Cunard and Award-Winning Microbrewery Create Exclusive Stout, IPA and Pilsner for Guests Onboard VALENCIA, Calif. , Oct. 29, 2019 /PRNewswire/ -- Luxury cruise line Cunard has partnered with award-winning ...
Jordan Peele Receives John Schlesinger Britannia Award for Excellence in Directing Presented by Cunard at British Academy Britannia Awards VALENCIA, Calif. , Oct. 26, 2019 /PRNewswire/ -- Luxury cruise ...
A First Look at the First Purpose Built Princess MedallionClass Ship Anticipating North American Debut in December SANTA CLARITA, Calif. , Oct. 25, 2019 /PRNewswire/ -- Sky Princess , the first purpose ...
Anglo-German TUI could profit from a significant increase in customers looking to book holidays now that some competitors have gone out of business.