During Friday’s Morning trade, Shares of Carnival Corp (NYSE:CCL), gained 2.02% to $51.47.
Carnival Corporation & plc, declared adjusted net income for the full year 2015 of $2.1 billion, or $2.70 diluted EPS, contrast to $1.5 billion, or $1.93 diluted EPS, for the prior year. Full year 2015 U.S. GAAP net income was $1.8 billion, or $2.26 diluted EPS, which comprised unrealized losses (non-cash) on fuel derivatives of $332 million and other net charges of $17 million. Full year 2014 U.S. GAAP net income was $1.2 billion, or $1.56 diluted EPS, which comprised unrealized losses (non-cash) on fuel derivatives of $268 million and other net charges of $20 million. Revenues for the full year 2015 were $15.7 billion contrast to $15.9 billion for the prior year due to the unfavorable impact from currency exchange rates of over $800 million.
Carnival Corporation & plc President and Chief Executive Officer Arnold Donald noted, “We nearly doubled our fourth quarter results and ended the year with 40 percent higher earnings. Strong operational execution delivered $0.25 per share higher earnings than the mid-point of our full year 2015 December guidance, despite a $0.10 drag from the net impact of currency and fuel prices. This year we achieved a 4.3 percent improvement (constant currency) in revenue yields contrast to the prior year due to higher onboard revenues and raised ticket prices as we have driven demand in excess of capacity growth, while our ongoing efforts to leverage our industry-leading scale assisted to contain costs. Our strong performance led to record operating cash flow of well over $4 billion as contrast to $3.4 billion last year,” Donald stated.
Carnival Corporation operates as a cruise company worldwide. It provides vacations to various cruise destinations. The company offers cruise services under the Carnival Cruise Lines, Holland America Line, Princess Cruises, and Seabourn brand names in North America; and AIDA Cruises, Costa Cruises, Cunard, and P&O Cruises names in Europe, Australia, and Asia.
Shares of Mattel, Inc. (NASDAQ:MAT), declined -1.53% to $26.44, during its current trading session.
DHX Media Ltd. and Mattel, declared a new, long-term partnership for the development, production and distribution of a range of new, multi-platform content inspired by the celebrated Mattel properties Bob the Builder™, Fireman Sam™, Little People® and Polly Pocket™.
“Recently’s declaration is a major step forward in our ongoing strategy to dramatically accelerate content creation and distribution on a global scale,” said Catherine Balsam-Schwaber , Chief Content Officer of Mattel. “As a recognized leader in kids and family entertainment, DHX is ideally suited to assist us maximize content creation and distribution across multiple channels and geographies. Importantly, this relationship also creates the potential for future content, licensing and franchise development collaborations between Mattel and DHX.”
Under the terms of the partnership, Mattel and DHX Media will jointly fund, co-develop and co-produce new episodic, short-form, and long-form content for the Mattel properties, designed for a variety of traditional and digital platforms. With Mattel’s additional expertise in brand franchise administration, strategy and consumer product licensing, and with DHX’s strength in global content distribution and creation, the companies will drive new production and growth for select Mattel properties.
Mattel, Inc. designs, manufactures, and markets a range of toy products worldwide. The company operates in three segments: North America, International, and American Girl. It offers dolls and accessories, vehicles and play sets, and games and puzzles under the Mattel Girls & Boys brands, counting Barbie, Monster High, Disney Classics, Ever After High, Little Mommy, Polly Pocket, Hot Wheels, Matchbox, CARS, Disney Planes, BOOMco, Radica, Toy Story, Max Steel, WWE Wrestling, and Batman.
Finally, Lumber Liquidators Holdings Inc (NYSE:LL), lost -1.61%, and is now trading at $16.45.
Park Lane Advisor has initiated coverage on the following equities: Lumber Liquidators Holdings Inc. (LL), Central European Media Enterprises Ltd (CETV), Marinemax Inc. (HZO), and Potbelly Corporation (PBPB). Free research report on Lumber Liquidators Holdings can be accessed at http://www.parklaneadvisor.com/ On Wednesday, December 16, 2015, the NASDAQ Composite ended at 5,071.13, up 1.52%, the Dow Jones Industrial Average advanced 1.28%, to finish the day at 17,749.09, and the S&P 500 closed at 2,073.07, up 1.45%. The gains were broad based as all the sectors ended the session in positive. Register for your complimentary reports at the links given below.
Lumber Liquidators Holdings Inc.’s stock gained 6.56%, to close the day at $18.68. The stock recorded a trading volume of 4.90 million shares, much above its three months average volume of 1.82 million shares. Lumber Liquidators Holdings Inc.’s shares have gained 33.33% in the last one month and 12.06% in the previous three months. However, the stock has plummeted 71.83% since the start of this year. The company’s shares are trading 23.70% above their 50-day moving average. Additionally, Lumber Liquidators Holdings Inc. has a Relative Strength Index (RSI) of 69.86.
Lumber Liquidators Holdings, Inc., together with its auxiliaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. It primarily offers solid and engineered hardwood products; laminate floorings; bamboo floor products, cork floorings, and vinyl plank flooring; wood flooring moldings; butcher block kitchen countertops, and staircase treads and risers; and accessories, such as sealers, adhesives, and underlayments, in addition to flooring tools and floor cleaning supplies.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.