Carnival swung to a loss in its first quarter, stung by losing bets on future prices for fuel.
March 25, 2014 at 11:00 AM
1 minute read
Carnival swung to a loss in its first quarter, stung by losing bets on future prices for fuel.
The cruise operator’s adjusted results and revenue beat analysts’ expectations, but it narrowed its full-year forecast and gave a second-quarter projection below Wall Street’s view.
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