On Wednesday, Shares of Carnival Corp (NYSE:CCL), lost -0.41% to $54.05.
Carnival Cruise Line capped off a Holiday Food & Fund drive in New Orleans benefiting the Second Harvest Food Bank by constructing the world’s largest cruise ship made of canned food which was displayed on Monday night at the New Orleans Saints game.
Carnival is the “Official Cruise Line of the New Orleans Saints” and the 30-foot-long cruise ship built from more than 17,000 cans of food was the culmination of a Holiday Food & Fund drive involving New Orleans-area schools that was sponsored by Carnival and the NFL franchise.
The can structure was built in consultation with the New Orleans chapter of the American Institute of Architects (AIA) and required more than 100 volunteers who expertly positioned the cans – one at a time – to create a reproduction of a Carnival cruise ship featuring such design elements as the line’s signature winged funnel, running lights and more.
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 Discovery Communications Inc. (NASDAQ:DISCA), inclined 0.99% to $27.14, during its last trading session.
Video editing hobbyists, freelancers and professionals alike can rejoice: VideoBlocks, the first subscription-based provider of stock video, recently declared the addition of Discovery Access, the content licensing arm of Discovery Communications, to its Marketplace, the industry’s most contributor-friendly marketplace that rewards content creators with 100% of the proceeds from their sales.
Members will now have access to professionally shot, adrenaline-charged footage counting more than 30,000 jaw-dropping clips, available for purchase in early 2016.
The company’s agreement with Discovery Access allows VideoBlocks’ members access to content from around the world, ranging from breathtaking shots of volcanic eruptions and aerial footage looking straight into the eye of a hurricane, to rare glimpses of endangered wildlife in its natural habitat. The video clips are captured using state-of-the-art equipment at a cost that has made it all but impossible for budget conscious video editors to access—until now.
Discovery Communications, Inc. operates as a media company. The company operates through U.S. Networks; International Networks; and Education and Other segments. The company owns and operates television networks under the brands, such as Discovery, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey network, Eurosport, DMAX, and Discovery Kids.
Finally, Steelcase Inc. (NYSE:SCS), ended its last trade with -0.96% loss, and closed at $14.41.
Steelcase Inc., stated third quarter revenue of $787.6 million and net income of $35.6 million, or diluted earnings per share of $0.28. Not Taking Into Account restructuring costs, adjusted earnings were $0.30 per share. In the prior year, Steelcase stated $800.0 million of revenue, diluted earnings per share of $0.09 and adjusted earnings of $0.29 per share.
Organic revenue growth over the prior year was 1 percent after adjusting for about $29.9 million of unfavorable currency translation effects and the impact of a small acquisition, net of divestitures. The Americas and Other category posted organic revenue growth of 3 percent and 9 percent, respectively, while EMEA posted an organic decline of 8 percent. The organic decline in EMEA in the current quarter compares to 14 percent organic revenue growth in the prior year, which was primarily driven by a number of project orders received in the first half of fiscal 2015 for which revenue was recognized in the third and fourth quarters.
Current quarter operating income of $55.2 million compares to operating income of $18.7 million in the prior year. Not Taking Into Account restructuring costs, third quarter adjusted operating income of $58.2 million raised by $2.1 million contrast to the prior year and reflected improvements in the Americas and Asia Pacific largely offset by higher adjusted operating losses in EMEA.
Steelcase Inc. designs, manufactures, and distributes an integrated portfolio of furniture settings, user-centered technologies, and interior architectural products. The company operates through Americas, EMEA, and Other Category segments.
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