CNBC Report on Carnival

[Trevor33]

I have just read the CNBC news report now online released yesterday? What are peoples views on this? Is this just reporting or is there any truth in it?

[Ray66]

An article from the Miami Herald one hour ago says Saudi Arabia’s public investment fund has taken an 8.2% stake in Carnival Corp.

Shares jumped nearly 10% on the news.

 

[Jack E Dawson]

Trevor33, 

Do you have a link to the report?

 

Thanks,

Jack

[bluemarble]

I'm guessing it's this CNBC article from yesterday.

Carnival’s struggle to survive the coronavirus as outbreak wipes out the cruise industry

[Bigmike911]

3 hours ago, Trevor33 said:

I have just read the CNBC news report now online released yesterday? What are peoples views on this? Is this just reporting or is there any truth in it?

When these stories don't even ask for comments from the subject of the story, it always strikes me as why not? The conclusion I have come to over the years is that it is difficult to refute a statement by the subject, but very easy to assemble 'experts' to help you sell the story you want to tell. I take them with a grain of salt as no one really knows. 

[Neuhoftraveler]

21 hours ago, Bigmike911 said:

When these stories don't even ask for comments from the subject of the story, it always strikes me as why not?

All competent and respected reporters ask for comment from the subject of their upcoming story.  Most competent and respected press advisers tell their clients to decline to comment when asked.  The exception is when the adviser has developed a press strategy for her client and thinks the opportunity to comment can usefully be worked into the strategy.

 

That's been my experience.