Weekly ETF Leaders and Laggards: EMFN, AXIT Friday, September 3, 4:19 PM ET, by Market News Video Staff The iShares MSCI Emerging Markets Financials Sector Index Fund ETF (EMFN) outperformed other ETFs this ...
LVS Results Lift the Market Vectors Gaming ETF Thursday, October 28, 12:31 PM ET, by Market News Video Staff Following strong earnings from the Las Vegas Sands (LVS), Barclays raised its price target on ...
WYNN Meets Estimates, ETFs to Watch: BJK, PEJ Wednesday, November 3, 8:37 AM ET, by Market News Video Staff Wynn Resorts (WYNN) met analyst estimates with its third quarter earnings report after the bell ...
CCL to Take $0.07 Reduction in Q4 Earnings Following Voyage Disruptions
By Makret News Video Staff, Tuesday, November 16, 2:07 PM ET
Carnival Corporation (NYSE:CCL) said today the total impact from voyage interruptions and repair costs will result in an approximate $0.07 reduction in the company’s fourth quarter 2010 earnings per share. The impact of voyage disruptions is not expected to be material to the company’s 2011 earnings. Last week there was a power outage and subsequent stranding of the cruise ship Splendor, for which passengers were reimbursed, and given a coupon for a free cruise.
Carnival shares are trading lower by 1.5% Tuesday.
At 5.68% of the fund, Carnival is the top holding of the PowerShares Dynamic Leisure and Entertainment Portfolio (AMEX:PEJ), trading lower by 2.2% today. Wynn Resorts (NASDAQ:WYNN) is the second-largest holding at 5.6% of the fund, followed by Starbucks (NASDAQ:SBUX) at 5.48%, Viacom (VIA) at 5.15%, and Yum! Brands (NYSE:YUM) at 5.02% of the portfolio.
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