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Airlines, Cruise Ships, Energy Shares Take Biggest Blow From Rise In Virus Cases, Stimulus Stall
Monday, October 26, 2020 - 6:52pm | 1805Subtract almost all remaining hopes of a stimulus, add thousands of new COVID-19 cases, sprinkle in some pre-election volatility, and what do you get? A day like Monday on Wall Street. Major stock indices took it on the chin, suffering their steepest spill in a month. By the end of the day,...
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Tuesday's Market Minute: Cruise Liners' Long Road To Recovery
Tuesday, August 11, 2020 - 10:02am | 369Tourism stocks were up in premarket trading Tuesday following a day of gains Monday. Despite COVID-19 continuing to weigh on travel-related industries, several names saw relative strength after President Trump signed an executive order extending Coronavirus relief efforts. Royal Caribbean Cruises...
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Is An Outbreak On A Cruise Ship Cause For Investor Concern?
Thursday, January 30, 2014 - 2:12pm | 512A Royal Caribbean (NYSE: RCL) ship on Wednesday returned to port in New Jersey after hundreds of passengers fell ill. The Explorers of the Sea experienced an outbreak that sickened 630 passengers and 54 crew members, according to the Centers for Disease Control and Prevention. The culprit is...
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Credit Suisse- Initiating Royal Caribbean (RCL) with a Neutral.
Tuesday, April 20, 2010 - 5:09pm | 292Credit Suisse is initiating coverage of Royal Caribbean Cruises (NYSE: RCL) with a Neutral. Credit Suisse analyst, T. Ramskill put a Target Price on RCL of $32.80 He believes that RCL shares are a better buy than rival Carnival Cruise (NYSE: CCL). "Magnitude of rising yield guidance is key:...