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Hedge Funds Lose Over $6B Betting Against US Cruise Lines And Hotels
Friday, August 4, 2023 - 5:22am | 408Read More...Hedge funds have suffered over $6 billion in losses this year, underestimating the resilience of U.S. consumers, particularly in the cruise line and hotel sectors, Financial Times reports. Hedge funds bet against companies like Royal Caribbean (NYSE:RCL) and Carnival Cruise Lines (NYSE:CCL),...
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Momentum Continues To Weaken, With Numbers Coming Up Red Amid Cryptocurrency Weakness
Wednesday, May 19, 2021 - 10:13am | 2517Read More...A steady diet of healthy earnings doesn’t seem filling enough these days for a bull that once roared. It’s a sea of red this morning following Tuesday’s lackluster session, despite a fresh set of solid results from the retail sector. A host of predators emerged from the...
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Turning Your Vacation Into A Stock Portfolio
Wednesday, February 22, 2017 - 11:17am | 813Read More...Spring break is right around the corner. After hours of hotel rate comparisons and weeks of waiting for the lowest flight fares, many are ready to finalize their travel itineraries. But while plans are cemented, take a second to consider the market value of vacation. Could your itinerary translate...
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Investors Set Sail With Cruise-Line Investments In 2016
Monday, January 4, 2016 - 9:57am | 360Read More...2015 proved to be a lucrative year for many cruise liners, as an improving economy and low fuel prices created the perfect conditions for a rebuilding year. Industry juggernaut Carnival Corp (NYSE: CCL) saw its shares rise 19.43 percent over the course of the year, and Barron's sees the firm...
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Carnival Share Prices Sink After Earnings Report, 2014 Outlook
Wednesday, March 26, 2014 - 2:49pm | 492Read More...Shares of Carnival Corporation (NYSE: CCL) took a hit on Tuesday, after the company announced its first quarter earnings results. Carnival, the world's largest cruise line operator, reported a net loss of $15 million - or two cents per share for the quarter, compared to a $37 million or five...
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From Worst to First: Boeing (BA)
Thursday, June 20, 2013 - 9:27am | 568Read More...It wasn’t too long ago when Boeing (NYSE: BA) felt like the Carnival Cruise Lines (NYSE: CCL) of aviation. All within a small window of time, its 787 Dreamliner, which already left a bad taste in the mouths of investors because of its money and time overruns, was full of mechanical issues. Most...
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Seriously? Another Broken Carnival Ship?
Thursday, March 14, 2013 - 1:17pm | 472Read More...When it rains, it pours. Yet another Carnival (NYSE: CCL) cruise liner experienced mechanical problems with passengers on board. This time on the (ironically named) Carnival Dream. According to the cruise line, after making a scheduled port call Wednesday, a backup generator stopped working...
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How to Avoid a Carnival-Like Catastrophe when Cruising
Friday, February 15, 2013 - 11:39am | 736Read More...After the recent horror-filled experiences of passengers on Carnival’s (NYSE: CCL) Triumph, spending five days without power in the Gulf of Mexico, dealing with raw sewage, long waits for food, and other discomforts, would be cruise passengers might well ask, “Am I next?” You know how to shop...
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Credit Suisse Highlights Recent Rating Changes, Coverage Assumptions
Wednesday, April 6, 2011 - 7:55am | 106Read More...Credit Suisse has released a report highlighting its rating changes and additions in coverage. Credit Suisse has downgraded its rating on Louisiana-Pacific Corp (NYSE: LPX) from Outperform to Neutral and maintains its $13 price target. The report shows Credit Suisse assuming the coverage on Royal...
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Credit Suisse Previews Carnival Corp.'s 4Q
Thursday, December 16, 2010 - 10:40am | 116Read More...Credit Suisse is out with its report on Carnival Corp. (NYSE: CCL) in anticipation of 4Q results. In a note to clients, Credit Suisse writes, "Rising fuel costs will likely take the steam out of any yield driven 2011 upgrade potential when CCL report Q4 results next week. Previous discussion about...
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Carnival Corporation Keeping Up With Dividend Payout
Thursday, September 2, 2010 - 9:48am | 113Read More...Carnival Corporation & plc (NYSE: CCL) announced a quarterly cash dividend of $0.10 (U.S.) per share on July 14, 2010. The dividend is payable on September 10, 2010, to shareholders of record on August 20, 2010. Holders of Carnival Corporation common stock or Carnival plc ADSs will receive a...
