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Stock Market & Financial Investment News

News Breaks
July 30, 2014
11:33 EDTCCL, CUKCarnival subsidiary announces plan to add new ship to fleet
Princess Cruises, a subsidiary of Carnival Corporation (CCL, CUK), announced that it has reached an agreement with the Italian shipbuilder Fincantieri to build a new ship, which will enter service in 2017. The as-yet unnamed 143,000-ton vessel, which will be built at an all-in cost of approximately 600 million euros, will carry 3,560 passengers. Specific features and amenities for the ship, along with deployment details, will be revealed in the coming months, the company said.
News For CCL;CUK From The Last 14 Days
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May 13, 2015
10:01 EDTCCLOn The Fly: Analyst Upgrade Summary
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07:48 EDTCCLCarnival upgraded to Buy from Neutral at SunTrust
SunTrust upgraded Carnival to Buy from Neutral and maintained its $53 price target. The firm's cruise line pricing survey observed three consecutive months of strong forward pricing, implying a favorable earnings outlook for Carnival. SunTrust said Carnival shares are still off the most from 2008 peak net yields compared to peers and the firm thinks its stock has the most room to run among the group.

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