January 30, 2012 1:20 PM | 1 min read |
Originally published at Fox Business.Carnival Corp (CCL: 29.98, -0.50, -1.66%) on Monday said it would take a $155 million to $175 million hit against net income in fiscal 2012, blaming the Costa Concordia cruise ship catastrophe.The Costa Concordia-related hit against earnings could be higher because of lower net revenue yields. But Carnival said in a U.S. regulatory filing that it has not yet determined that impact.The accident and loss of the ship off the coast of Italy will hurt net income by $85 million to $95 million in fiscal 2012, Carnival said in an annual report filing. Insurance deductibles will reduce net income by another $40 million and other incident-related costs are pegged between $30 million and $40 million.Carnival also said it significantly reduced its marketing activities after the disaster. Excluding its Costa European subsidiary, Carnival said fleet-wide booking volumes, from after the ship wrecked through January 25, declined in the "mid teens" compared with the previous year.Continue reading this article
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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