Cruise operator Carnival Corp. & plc on Friday reported a turnaround to profit in the first quarter, reflecting lower operating costs that more than offset a decline in revenue. Adjusted earnings per share topped analysts' expectations, while quarterly revenues missed their estimates. Looking ahead, the company forecast earnings for the second quarter below Street expectations.
An interest rate hike "may be warranted" this year, as long as the U.S. economic recovery is sustained, Federal Reserve Chairman Janet Yellen said Friday afternoon.
"With continued improvement in economic conditions, an increase in the target range for that rate may well be warranted later this year,"...
Mexico Feb Trade Surplus USD 558.3 Mln, Consensus USD 362.5 Mln
Mexico Feb Jobless Rate 4.51% Vs. 4.46% In Jan, Consensus 4.40%