Dow Jones Reprints: This copy is for your personal, non-commerical use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool on any article or visit www.djreprints.com

Inside Scoop

 | MONDAY, FEBRUARY 28, 2011

Carnival COO's $5.1 Million Sale

Howard S. Frank sold 120,000 shares of the cruise company.

While adventure on the high seas might conjure up visions of pirates and gigantic waves more than stock sales, one insider at Carnival is jumping ship and selling off shares, lending to recent speculation that rising fuel prices are troubling the financial waters for the cruise industry.

On Feb. 25, Vice Chairman and Chief Operating Officer Howard S. Frank sold around 120,000 Carnival (ticker: CCL) shares for $5.1 million, an average of $42.60 each. In addition, he exercised options and sold 60,000 shares on ...

Copyright 2010 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com

Real-Time Analysis

Get Emails from Barron's

Partner Center
An Advertising Feature