Luce Emerson is a former sell-side banker with a broad range of capital markets experience. She continues to follow markets closely, with a particular focus on retail, financials and entertainment.
Carnival Corp (NYSE:CCL) has proven that it’s the best run mega cruise liner around. Since the 1970s, competitors have tried but failed to keep pace with CCL, run by Micky Arison, who inherited the business from his father.
I remain optimistic. WYN has a fortress brand with each of its three divisions pulling its own weight. In particular, the Hotel Group is dominant with 8,000 hotels worldwide, and Vacation Ownership continues to post good growth figures with about 900,000 owner families globally.
While BABA also strives to be a force of good, it remains in the world of business, for all intents and purposes, a force to be reckoned with. The future for BABA is limitless, but BABA will be focusing on five areas in particular, what they term, the “Five New” strategy: New Retail, New Finance, New Manufacturing, New Technology and New Energy.