Home > Business Databases, News & Feedback > Regulatory News Announcement from Carnival

Regulatory News Announcement from Carnival

At 07.00 AM on Mon 16th Jan 2012 Carnival Corporation and plc issued a “Required Announcement on Financial Impact of Costa Cordia“.

“At this time, our priority is the safety of our passengers and crew,” said
Micky Arison, Carnival Corporation & plc chairman and CEO. “We are deeply
saddened by this tragic event and our hearts go out to everyone affected by the
grounding of the Costa Concordia and especially to the families and loved ones
of those who lost their lives. They will remain in our thoughts and prayers,”

The announcement then provided information in accordance with financial disclosure regulations. The full text of the announcement is available on Bloomberg and several other business databases.

”]Carnival Price Graph 16 Jan 2010Bloomberg
If on Monday 16th you want to see how the market reacts to the Costa Concordia tragedy, then Bloomberg is the best database. It provides an integrated view covering the news and the Carnival share price (price down and an increase in trading volumes), and the news is the most read story of the day.

If you don’t have access to Bloomberg the announcement is also available on the business news database Factiva. Select Companies/Markets, lookup company Carnival Plc, and the select Press Releases from the news options. (You can also do a Factiva text search, but you either have to read through many results of spend some time constructing an effective search. Company = Carnival Plc AND Source = Publication: Wires AND Free Text = “announcement” worked for me.)

Thomson One Banker
Thomson One Banker has lots of financial market information but almost all numbers (at least in our subscription). However you can get the regulatory announcement so long as you know to lookup Carnival and  goto Recent News at the foot of the Thomson Overview Report- see screencast http://screencast.com/t/STFffmOd

PI Navigator
PI Navigator is the easiest database for going straight to the regulatory annoncement. You just lookup Carnival Plc and search. However, because PI Navigator only covers the regulatory news and regulatory filings of companies, you have to use another database for additional news or financial market information.

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