Tag: Corp

Why Pool Corp., Home Depot, and Lowe’s Took a Dive Today

Shares of housing-related stocks Pool Corp. (NASDAQ: POOL), Home Depot (NYSE: HD), and Lowe’s (NYSE: LOW) were falling in Tuesday’s trading, down 6.9%, 4.1%, and 4.6%, respectively, as of 1:12 p.m. ET. When housing-related names all fall in tandem, it’s likely a sign of something going awry with either one major name, or more generally […]

Carnival Corp raises annual profit forecast again on steady cruise demand

(Reuters) -Carnival Corp raised its annual profit forecast on Tuesday for the second time this year, banking on higher prices for its itineraries and sustained demand for cruise holidays to destinations such as the Caribbean and Alaska. The company’s U.S.-listed shares, which have fallen more than 11% this year, rose 6.5% to $17.45. 2024 has […]

Carnival Corp raises annual profit forecast again on steady cruise demand

(Reuters) – Carnival Corp raised its annual profit forecast on Tuesday for the second time this year, banking on higher prices for its itineraries and sustained demand for cruise holidays to destinations such as the Caribbean and Alaska. The company’s U.S.-listed shares, which have fallen more than 11% this year, rose 6% in early trading. […]

The Little Secret AGNC Investment Corp Doesn’t Want Income Investors To Know

The Little Secret AGNC Investment Corp Doesn’t Want Income Investors To Know Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. AGNC Investment Corp (NASDAQ:AGNC) has been trending for years as yield-chasing investors continue to hype it for its massive dividend. The mortgage REIT currently offers a […]

Warren Buffett’s Strategic Acquisition in Occidental Petroleum Corp

Overview of the Recent Transaction On June 7, 2024, Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway made a significant addition to its investment portfolio by acquiring 2,565,477 shares of Occidental Petroleum Corp (NYSE:OXY). This transaction, executed at a price of $59.75 per share, not only underscores the firm’s confidence in OXY but also impacts its portfolio […]

Carnival Corp to fold P&O Cruises Australia brand into Carnival Cruise Line

Carnival Corp. will fold P&O Cruises Australia into Carnival Cruise Line next year. The cruise line operator will retire the P&O Cruises Australia brand in March 2025, the company announced Monday. “Despite increasing Carnival Cruise Line’s capacity by almost 25% since 2019 including transferring three ships from Costa Cruises, guest demand remains incredibly strong so […]