Royal Caribbean Drives Towards Record Yearly Earnings

first_imgzoomThe recently delivered Symphony of the Seas; Image Courtesy: STX France Miami-based cruise liner conglomerate Royal Caribbean Cruises ended the first quarter of 2018 with a further rise in its earnings.RCL delivered a profit of USD 218.7 million in Q1 2018, an increase of 1.9 percent when compared to a profit of USD 214.7 million seen in the same period a year earlier.In addition, total revenues stood at USD 2.03 billion in the quarter ended March 31, 2018, against USD 2.01 billion posted in Q1 2017.As explained, the improvement was mainly driven by better than expected revenue from RCL’s global brands and joint ventures.“We are delighted to report another record breaking quarter and to be driving towards record earnings for the year, above our initial guidance,” Jason T. Liberty, Royal Caribbean Cruises’ executive vice president and CFO, commented. “Revenues continue to excel and expenses, even including some new demand generating initiatives, continue to be carefully controlled,” Liberty added.During the quarter, the company also completed the USD 500 million share repurchase program authorized a year ago.What is more, RCL has increased its forecast of full year adjusted EPS to a range of USD 8.70 to USD 8.90 per share, USD 0.15 above the previous guidance.The company’s 2018 booked position is better than last year’s record high and ahead in both volume and rate.“This year is proving to be another strong year with all our brands firing on all cylinders,” Richard D. Fain, RCL’s chairman and CEO, said.“The market continues to support our growth as our people keep focused on delivering our targets and goals. The strength of this market plus our new ships in 2018 (Symphony of the Seas, Azamara Pursuit, Mein Schiff 1 and Celebrity Edge), position us nicely for 2019 as well,” Fain concluded.last_img read more

Legendary Rocker French Elvis Johnny Hallyday Dies At 74

first_imgNews The electrifying performer who had been wowing crowds since his arrival on the French music scene in 1959 diesNate HertweckGRAMMYs Dec 6, 2017 – 2:41 pm French rock and roll star Johnny Hallyday, known as “French Elvis,” died on Dec. 6 at age 74. According to Reuters, Hallyday had been hospitalized in Paris on Nov. 17 and treated for respiratory difficulties and had been undergoing lung cancer treatments.Hallyday’s prolific career spanned nearly six decades and yielded dozens of albums, a litany of hits and film appearances. After first seeing Elvis Presley, Hallyday decided he wanted to be a rock singer, and made a name for himself in the early 1960s with French-language covers of early rock hits, including Chubby Checker’s “Let’s Twist Again” and Jerry Lee Lewis’ “Whole Lotta Shakin’ Going On.”In the late ’60s, Hallyday updated his sound by forming a new band, the Blackbirds, to match the growing influence of R&B. He eventually incorporated a more psychedelic sound. In fact, the Jimi Hendrix Experience played their first gig opening up for Hallyday in October 1966, according to Billboard.In 1972 Hallyday moved to Memphis, Tenn., and eventually Los Angeles while continuing to land hit records in France. In addition to appearing in Jean-Luc Godard’s film Détective, Hallyday released successful albums through the 1990s and 2000s before announcing his farewell tour in 2009, which included a free show at the foot of the Eiffel Tower for a crowd of 800,000.The singer continued to perform into his retirement, despite battling colon and lung cancer. As recently as 2014, he released an album produced by Don Was called Rester Vivant and performed a run of shows in Las Vegas with fellow French singers Eddy Mitchell and Jacques Dutronc.Soul Singer Charles Bradley Dead at 68Read more Email French Rocker Johnny Hallyday Dies At 74 legendary-rocker-french-elvis-johnny-hallyday-dies-74 Facebook Legendary Rocker, “French Elvis” Johnny Hallyday Dies At 74 Twitter last_img read more