Wall Street's main indexes were set to open lower on Wednesday, a day after Nasdaq hit another closing high, as investors assessed the risk to the domestic economy from a rise in coronavirus cases in
New York, New York--(Newsfile Corp. - June 24, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Ca

Little Doubt With Carnival As A Going Concern

08:01am, Wednesday, 24'th Jun 2020
Carnival's 2Q earnings were lackluster as the company lost an adjusted $2.4 billion, but the liquidity updates provided paint a positive picture. Carnival has ~
Carnival Corp’s (CCL) credit rating was cut to non-investment grade or junk status at Standard & Poor’s (S&P;) as the rating agency expects the cruise industry to grapple with an extended period o
New York, New York--(Newsfile Corp. - June 23, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Carnival Corporation (NYSE: CCL) ("Carnival" or the "Company")

Carnival’s Recovery Is a Ways Away, Says Analyst

01:42am, Wednesday, 24'th Jun 2020
There’s no relief on the horizon yet for the beleaguered cruise line industry. On June 19, the Cruise Lines International Association (CLIA) announced all cruise operations will remain suspended unt
Ratings agency Standard & Poor's on Tuesday downgraded bonds of Carnival Corp to junk status, forecasting continued weak demand for the cruise industry hammered by the COVID-19 pandemic. Standard &
(Bloomberg) -- Carnival Corp. is the latest cruise line to lose its investment-grade credit ratings after S&P; Global Ratings downgraded the company Tuesday.S&P; slashed the company’s long-term rati

Market Recap: Tuesday, June 23

08:14pm, Tuesday, 23'rd Jun 2020
The markets closed in the green after Tuesday’s trading session, with the ten of the eleven sectors posting gains as hopes for a coronavirus vaccine rose and U.S. - China trade fears diminished. The
Moody's Investors Service, ("Moody's") assigned a Baa3 rating to Carnival Corporation's planned senior secured term loan B (together with Carnival plc, "Carnival"). At the same time, Moody's downgrad

Carnival's Debt Overview

03:17pm, Tuesday, 23'rd Jun 2020
Over the past three months, shares of Carnival Inc. (NYSE: CCL) rose by 19.92%. Before we understand how much debt Carnival has, let's look at the importance of debt.Carnival's Debt According to the C
Carnival (CCL) extends the suspension of its operations of cruises in North America through Sep 30, 2020.

Robinhood Crowd Misses Out on Convertible Bonds

10:00am, Tuesday, 23'rd Jun 2020
(Bloomberg Opinion) -- It’s growing more likely by the day that we’ve reached peak “bored retail trader” in the financial markets.Bloomberg News, The Wall Street Journal and seemingly every fi
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