Cruise giant Carnival Corp. & plc said Thursday that it had renewed its authorization to repurchase up to $1 billion of stock and declared a quarterly dividend of $.25 per share.
The Miami-based company said it had already repurchased two million shares of Carnival Corporation common stock, valued at $78 million, since the start of the fiscal year. The company’s board of directors on Wednesday increased repurchase authorization from the remaining $165 million to $1 billion.
Sarkis Yacoubian says he will plead guilty to one charge, but that he’s innocent of other corruption charges
Experts are forecasting a booming summer, with the threat of furlough-related delays over and gas prices lower than last year.
Major cruise companies have agreed to adopt a “Passenger Bill of Rights,” focusing on mechanical failures and emergencies.
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