3. As of noon trading, Carnival Corporation ( CCL) is down $0.23 (-0.7%) to $33.16 on average volume Thus far, 2.2 million shares of Carnival Corporation exchanged hands as compared to its average daily volume of 5.4 million shares. The stock has ranged in price between $32.93-$33.50 after having opened the day at $33.36 as compared to the previous trading day's close of $33.39. Carnival Corporation operates as a cruise and vacation company worldwide. The company operates in two segments, North America; and Europe, Australia, and Asia. Carnival Corporation has a market cap of $19.7 billion and is part of the leisure industry. The company has a P/E ratio of 17.5, below the S&P 500 P/E ratio of 17.7. Shares are down 9.2% year to date as of the close of trading on Friday. TheStreet Ratings rates Carnival Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. Get the full Carnival Corporation Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.
Microsoft released upgrades and products Wednesday including "Surface Studio" for artists. Bill Gates, Microsoft's Co-Founder, appears below with an early computer running the Paint program, the first of its kind.