Carnival reports 60 percent rise in first quarter earnings
Miami based Carnival Corp and plc posted net income of 203 million dollars or 25 cents a share for the quarter ended February 29, up from 127 million or 22 cents a year earlier. Revenues jumped to 2 billion dollars, aided by the merger with P&O Princess and a fleet expansion.
MENTIONED IN THIS ARTICLE
Miami
Carnival Corp. & PLC
Wall Street
Thomson First Call
Carnival
Britain
P&o
Princess Cruises PLC
P&o Princess
Carnival PLC
Iraq
Micky Alison
Dow slides toward 10000 as terror fears mount
The Dow Jones industrials fell 121.85 to 10,064.75 after Israeli forces killed Hamas leader, with analysts citing terrorism and Middle East tensions as motive. S&P 500 dropped 14.38 to 1,095.40. Nasdaq fell 30.56 to 1,909.91 amid weaker consumer spending and oil price worries.
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New York
Wall Street
Hamas
Israel
United States
Middle East
Dow
Standard & Poor
Fewer U S Convertible Registrations Amid Shifting Auto Trends
U S drivers bought fewer convertibles as economy and competition from crossovers trimmed sales. Polk data show 296 433 registrations in 2003, down 2 3 percent from 2002, after a peak above 310 000 in 2001. Lonnie Miller of Polk notes convertibles are discretionary and tied to confidence.
MENTIONED IN THIS ARTICLE
Detroit
U.S
R.L. Polk & Co
Lonnie Miller
Polk
Analytical Solutions
Home Depot starts online gift registry to boost ties with customers
Home Depot unveils an online gift registry aimed at couples planning weddings embracing home improvement items. The Atlanta retailer cites rising marriages later in life and wants to offer registries that focus on power tools and home upgrades rather than traditional china and chinaware.
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Home Depot
Shelley Nandkeoyar
Mark Mandel
Blaylock & Partners
New York
Lowe's
Jennifer Smith
Nandkeelyar
HUD pulls proposed change for mortgage closing costs
Washington AP Federal housing officials withdraw a plan under Real Estate Settlement Procedures Act that would have required one price covering all closing costs including broker fees title searches and appraisals. Alphonso Jackson cites many questions and criticism from industry groups and Congress over insufficient comment time. Plan to be resubmitted later without timetable.
MENTIONED IN THIS ARTICLE
Washington
Bush Administration
Housing and Urban Development
Alphonso Jackson
Office of Management and Budget
Jackson
Congress
HUD
OMB
Walgreens profits rise 17 percent on strong prescriptions
Walgreen Co reports a 17 percent jump in second quarter profit as prescription sales rise 19 percent to account for 60 percent of all sales. Comparable-store prescriptions up 15.5 percent and overall 11.5 percent. Earnings for the quarter ended Feb 29 reach 433.5 million dollars, 42 cents per share, up from 370.9 million, 36 cents.
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Chicago
Walgreen Co
Walgreen
Wall Street
Deerfield
Morningstar
Tom Goetzinger
CVS Corp
Rite Aid Corp
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