LONDON BROKER RATINGS: Jefferies likes Inchcape; HSBC cuts Clarkson
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday: Read More
(Alliance News) - Stock prices in London were rallying into the new year at midday on Tuesday, despite global recession worries and a bleak economic backdrop in the UK, while the pound was sharply lower. Read More
(Alliance News) - Stock prices in London made a strong start to the new year on Tuesday, despite weak Chinese data and the UK suffering a fresh wave of rail strikes. Read More
(Alliance News) - Stock prices in London closed in the green on Wednesday, with the FTSE 100 lifted by retail stocks getting a boost from strong quarterly figures from US sportswear brand Nike in a positive read-across. Read More
Carnival PLC - Miami, Florida-based cruise operator - Prices private offering of USD1 billion of its 5.75% convertible senior notes due 2027 as part of the company's 2024 refinancing plan. The convertible notes will pay interest semi-annually on June 1 and December 1 of each year, beginning on June 1 next year at a rate of 5.75% per year. Read More
Carnival PLC - Miami, Florida-based cruise operator - On Thursday said President & Chief Executive Officer Arnold Donald is stepping down from the board of directors after more than two decades, effective November 30. Read More
Carnival PLC - Miami, Florida-based cruise line - Extends maturity of additional USD87 million of 2023 convertible notes at a 5.75% rate. "The 2023 notes will be exchanged for new 2024 notes with the same coupon and no dilution to shareholders at scheduled maturity versus the 2023 notes and no upfront cost," the company explains. The new 2024 notes have a maturity date of October 1, 2024. They will have the same terms as the firm's USD339 million aggregate principal amount of 5.75% convertible senior notes due 2024, announced in August. Read More
(Alliance News) - Carnival PLC on Wednesday said it has closed its private offering of senior priority notes, due 2028. Read More
Carnival PLC - Miami, Florida-based cruise line - Prices debt issue with 10.375% coupon at 98.465% of face value. Carnival Holdings (Bermuda) Ltd, a subsidiary of Carnival Corp, issues USD2.03 billion in senior priority notes due 2028. The unsecured offering was increased from USD1.25 billion "due to strong investor demand", Carnival says. It will use the fresh cash to repay amounts drawn on its revolving credit facility. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Carnival PLC on Friday reported a surge in third-quarter revenue and a narrowed loss, due to high demand throughout the period. Read More
Carnival PLC - Miami, Florida-based cruise line - Welcomes the decision from Transport Canada to remove all Covid-19 requirements to enter the country. Says Princess Cruises is now "prepared to welcome all guests on cruises visiting, arriving or departing from Canadian ports". Lifted restrictions also apply to its Canada/New England voyages and Alaska cruises. Read More
Carnival PLC - Miami, Florida-based cruise line - Enters into separate, privately negotiated exchange agreements with some holders of its outstanding 5.75% convertible senior notes due 2023, with some of its subsidiaries. Plans to exchange USD339 million of its existing notes for USD339 million of new 5.75% convertible senior notes due October 1, 2024. The new notes will have the same initial conversion price as the existing notes. Expects the exchange to close on August 22. Read More
Carnival PLC - Miami, Florida-based cruise line - Closes underwritten public offering of 102.1 million shares at USD9.95 each, raising about USD1.00 billion. Read More
(Alliance News) - Stocks in London ended higher on Thursday as investors digested another raft of corporate earnings, while the European Central Bank surprised markets with an aggressive rate hike. Read More
Carnival PLC - Miami, Florida-based cruise line - Commences underwritten public offering of USD1.0 billion of shares of common stock. Will grant the underwriter a 30-day option to purchase up to USD150.0 million additional shares. Will use net proceeds for general corporate purposes "which could include addressing 2023 debt maturities". Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More
(Alliance News) - Equities in London managed to avert some of the hefty sell-offs seen in the first half of the year, but struggled for direction at the start of the third quarter, as investors chewed on a slew of poor manufacturing readings from across the globe on Friday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning: Read More
(Alliance News) - European equities defied the uncertain global economic outlook and jumped on Friday, posting a first weekly gain in three weeks, as markets begin to price in a slower monetary policy tightening process by the US Federal Reserve. Read More