Free Republic

What happened Shares of Norwegian Cruise Line Holdings (NYSE:NCLH) took a tumble on Thursday after the cruise line operator announced plans to sell as much as $2.1 billion worth of senior secured notes due in 2027, senior unsecured notes due in 2029, and exchangeable senior notes due in 2027 -- none of which terms investors need to pay close attention to. Just think of them all as debt. The company will use the cash raised from the sale of these notes to roll over debt that it sold previously, such that the net result of all this activity should be...

The liberal media are rushing to see whether President Trump will accept blame for the stock drop in the same way he took credit for its rise. But CNN came up with a new twist on the blame-Trump game this morning, suggesting that the Trump taxs cuts are the culprit. Alisyn Camerota teed it up, suggesting, in respect of the stock drop, that the cuts were “at work here.” John Avlon was only too happy to run with the ball, saying it was indeed possible that: “those tax cuts created the conditions for this [stock drop.]” Get the rest of...

Subject: New Diversity Initiative in Europe To: All CIB Employees From: The European Operating Committee Re: Launch of CitiDifference in Europe Over the past two years we have made great progress on our diversity initiatives in the Corporate and Investment Bank in Europe. In 2001, five task forces, focused on achieving tangible results, were instrumental in launching our diversity strategy. As a result of their work we won the Opportunity Now New Member award 2002 for our work on gender. Although we are immensely proud of that achievement, we are also keenly aware that we still have a great deal...