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Stock Market & Financial Investment News

News Breaks
December 20, 2012
09:50 EDTCCL, RCLCarnival declines after 2013 outlook misses expectations
Cruise ship operator Carnival (CCL) is retreating after the company predicted that its earnings per share in 2013 would be lower than consensus expectations. Since September, booking trends for the first three quarters of next year are unchanged compared with this year, Carnival reported. The company, however, said it was selling tickets at lower prices. The deteriorating economic situation in Europe is hurting Carnival's business there, the company added. On a positive note, Carnival reported that its results for the fourth quarter of this year did beat analysts' consensus estimates. In early trading, Carnival sank $1.86, or 4.76%, to $37.18, while Carnival's competitor, Royal Caribbean (RCL) gave back $1.17, or 3.33%, to $33.97.
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July 24, 2014
13:26 EDTRCLRoyal Caribbean CEO says weakness in Caribbean 'temporary'
Fain said Europe has been "outstanding" this year and China business is "gangbusters" for the cruise line. Royal Caribbean CEO Richard Fain is speaking on CNBC.
08:39 EDTRCLRoyal Caribbean sees FY14 CapEx $1.4B
Sees capital expenditures for full year 2015, 2016, 2017 and 2018 are $1.4 billion, $2.2 billion, $0.3 billion and $1.5 billion, respectively. Capacity increases for 2014, 2015, 2016, 2017 and 2018 are expected to be 1.7%, 6.9%, 7.0%, 3.7% and 3.9%, respectively.
08:38 EDTRCLRoyal Caribbean sees Q3 adjusted EPS $2.20, consensus $2.11
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08:37 EDTRCLRoyal Caribbean raises FY14 adjusted EPS to $3.40-$3.50 from $3.20-$3.40
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08:36 EDTRCLRoyal Caribbean reports Q2 net yield up 2.6%; net cruise costs down 4.7%
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08:35 EDTRCLRoyal Caribbean reports Q2 adjusted EPS 66c, consensus 52c
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July 16, 2014
07:09 EDTRCLRoyal Caribbean Q2 results likely to be positive catalyst, says Stifel
Stifel predicts that Royal Caribbean's Q2 results will improve sentiment towards the name, as it believes that worries about the outlook for Caribbean cruises are overdone. The firm keeps a $65 price target and Buy rating on the shares.
July 14, 2014
10:35 EDTCCLCarnival signs exclusive agreement with Cigar City Brewing
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July 11, 2014
07:53 EDTCCLCarnival management to meet with Deutsche Bank
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