Carnival Corp Exceeds Revenue Estimates
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Entertainment
Carnival hikes annual profit target on steady cruise demand

79% Informative
Carnival Corp raised its annual profit forecast after beating second-quarter revenue estimates.
Shares of the company rose 9.5% in early trading.
Carnival has committed $600 million to develop Celebration Key , an ambitious private resort destination on Grand Bahama .
Cruise operators including Carnival Corp and rival Royal Caribbean Group have been expanding their portfolio of carnival-themed private islands.
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