Boston, MA 06/26/2013 (wallstreetpr) – Carnival Corporation (NYSE:CCL) had recently announced its earnings for the second quarter of 2013 and had also announced its plans of replacing Micky Arison, who is the present Chairman and Chief Executive Officer of the company from his post as CEO. Arnold W. Donald would replace him as the next CEO of Carnival Corporation (NYSE:CCL) with effect from July 03, 2013, while Micky Arison would continue to be the chairman and the largest shareholder of the company.
The second quarter earnings of Carnival Corporation (NYSE:CCL) had jumped up owing to the sale of a ship which had actually covered the weaker revenues of the company for this quarter. The company had announced that it will invest around $700 million in the emergency safety and hospitality systems in all its ships. Carnival Corporation (NYSE:CCL) had reported profits of $41 million for the second quarter at 4 cents per share, compared to the profits of $14 million or 2 cents per share for the same period of previous year.
The shares of Carnival Corporation (NYSE:CCL) had witnessed an increase in prices by 5.03 percent for the trading session on Tuesday, while the closing price for the company was recorded at $34.89 per share for the day. The company had been trading with intraday prices moving in the range of $33.55 per share to $34.98 per share during the trading session on Tuesday. The shares of Carnival Corporation (NYSE:CCL)had recorded 52 week low price level at $31.65 per share and 52 week high price level at $39.95 per share.
Carnival Corporation (NYSE:CCL) presently had reported an average trading volume at 5.66 million shares per day. The company operates with 55 percent of its capital under the institutional ownership and presently has 807.49 million shares outstanding in the market. The present market capitalization of Carnival Corporation (NYSE:CCL) is at $28.17 billion.
