New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 25, 2014
11:42 EDTNCLH, RCL, CCLCarnival sinks after narrowing full-year profit forecast
Shares of cruise line operator Carnival (CCL) are sinking after the company reported better than expected adjusted earnings but issued guidance that fell below analysts' consensus forecast. WHAT'S NEW: Carnival reported first quarter adjusted earnings per share of 0c, compared to analysts' consensus expectation for an 8c per share loss. The company's first quarter revenue of $3.59B edged out analysts' $3.56B expectation. The cruise company expects second quarter adjusted earnings to be between a 2c loss per share and a 2c gain, compared to analysts' consensus of 7c per share profit. For FY14, the company now sees earnings per share in the range of $1.50-$1.70, versus analysts' estimate of $1.73. In December of last year, Carnival had pointed toward FY14 EPS of $1.40-$1.80. Carnival said it continues to expect net cruise costs excluding fuel per ALBD for FY14 to be slightly higher than the prior year on a constant dollar basis. WHAT'S NOTABLE: During the company's first quarter earnings conference call, Carnival said it feels it will "turn a corner" in the second half of the year and that its brand perception has nearly recovered. The company believes that cautiously optimistic pricing will continue to improve and that it is encouraged by its progress, but acknowledged the company still has a lot of work to do. The company projects third quarter revenue yields to be positive and sees lower fourth quarter costs. PRICE ACTION: During late-morning trading, shares of Carnival fell $2.17 or 5.42% to $37.83. OTHERS TO WATCH: Other companies in the cruise industry include Royal Caribbean (RCL) and Norwegian Cruise Line (NCLH).
News For CCL;RCL;NCLH From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 20, 2015
12:56 EDTNCLHNorwegian Cruise Line sees immaterial EPS impact from Norwegian Dawn
Subscribe for More Information
12:42 EDTNCLHNorwegian Cruise Line says Dawn to resume sailing today
Subscribe for More Information
09:31 EDTNCLHNorwegian Cruise Line 20M share Spot Secondary priced at $54.85
Goldman acted as sole book running manager for the offering.
09:18 EDTNCLHNorwegian Cruise Line says Norwegian Dawn docked, assessment being made
Subscribe for More Information
06:25 EDTNCLHNorwegian Dawn ran aground departing Bermuda, structural integrity confirmed
On Tuesday, May 19 at approximately 5:00 pm ET, Norwegian Dawn had a temporary malfunction of its steering system, causing the ship to sail slightly off course as the ship was departing Bermuda, resulting in the vessel making contact with the sea bed. All guests and crew are safe and there were absolutely no injuries. The ship's officers, engineers and an independent dive team have confirmed the structural integrity of the ship. With high-tide, the ship was floated and moved to a nearby anchorage position where it will remain overnight. The ship will be thoroughly inspected in Bermuda by DNVGL, the ship's classification society, before returning to Boston. The ship is fully operational with the full complement of onboard services available to guests. The ship is sailing on a seven-night Boston to Bermuda cruise with 2,443 passengers and 1,059 crew. The company will provide additional updates in the morning when more information becomes available.
May 19, 2015
19:06 EDTNCLHOn The Fly: After Hours Movers
UP AFTER EARNINGS: Computer Sciences (CSC), up 5%... NQ Mobile (NQ), up 1.4%. ALSO HIGHER: Sarepta Therapeutics (SRPT), up 38.9% after announcing plans for rolling eteplirsen NDA... LendingClub (LC), up 2.8% after being upgraded to Overweight from Equal Weight at Morgan Stanley. DOWN AFTER EARNINGS: Keysight Technologies (KEYS), down 3.1%... Autodesk (ADSK), down 2.1%. ALSO LOWER: Cimarex Energy (XEC), down 4% after filing to sell 6M shares of common stock... Norwegian Cruise Line (NCLH), down 2.5% after filing to sell 20M ordinary shares for holders... Achillion Pharmaceuticals (ACHN), down 3.2% following collaboration for HCV with Janssen.
16:47 EDTNCLHNorwegian Cruise Line files to sell 20M ordinary shares for holders
Subscribe for More Information
09:58 EDTRCLOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Ascena Retail (ASNA) upgraded to Outperform from Market Perform at FBR Capital... Enphase Energy (ENPH) upgraded to Strong Buy from Buy at Needham... Fifth Third (FITB) upgraded on Vantiv outlook at Oppenheimer... Hortonworks (HDP) upgraded to Overweight from Equal Weight at Barclays... MasterCard (MA) upgraded to Overweight from Sector Weight at Pacific Crest... NetEase.com (NTES) upgraded to Buy from Neutral at Citigroup... Panera Bread (PNRA) upgraded to Outperform from Market Perform at Cowen... Potash (POT) upgraded to Market Perform from Underperform at Cowen... Reed Elsevier (RUK) upgraded to Buy from Neutral at Goldman... Royal Caribbean (RCL) upgraded to Overweight from Neutral at JPMorgan... Sysco (SYY) upgraded at Credit Suisse... THL Credit (TCRD) upgraded to Buy from Hold at Deutsche Bank... Take-Two (TTWO) upgraded to Buy from Neutral at Sterne Agee CRT... Tempur Sealy (TPX) upgraded on Sealy gross margin improvement at Longbow... TriState Capital (TSC) upgraded to Outperform from Market Perform at Keefe Bruyette... Xilinx (XLNX) upgraded to Overweight from Sector Weight at Pacific Crest.
06:25 EDTRCLRoyal Caribbean upgraded to Overweight from Neutral at JPMorgan
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use