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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (3636)6/19/2008 7:46:30 AM
From: RockyBalboa  Respond to of 6370
 
A word of caution; today, UK consumer expenditures have been reported strongly: +8.1% Y/Y, +3.5% in May, so in part some of the Carnival Argument is moot. Well, one could say the consumer expenditures are because of the 25% food and 38% petrol inflation and crowds out other, like leisure. Thats still the preposition.



To: RockyBalboa who wrote (3636)6/19/2008 10:17:37 AM
From: RockyBalboa  Read Replies (1) | Respond to of 6370
 
Carnival earnings and outlook:

Based on current spot prices for fuel, third quarter 2008 fuel expense is expected to increase by $241 million compared to 2007, which reduces earnings by $0.30 per share. As a result, the company expects earnings for the third quarter of 2008 to be in the range of $1.56 to $1.58 per share, down from $1.67 per share in 2007.


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