Carnival (CCL) +2% premarket after lowering its 2012 earnings forecast but pointing to...

|About: Carnival Corporation (CCL)|By:, SA News Editor

Carnival (CCL) +2% premarket after lowering its 2012 earnings forecast but pointing to reassuring booking trends. Executives on a conference call Friday said the Concordia incident is no longer the main obstacle to selling cruises; instead, it is travelers' expectations that prices will fall in the wake of the disaster. Shares are upgraded to Outperform at Exane BNP Paribas.