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Stock Market & Financial Investment News

News Breaks
May 22, 2014
05:19 EDTCCLCarnival invests $400M on exhaust gas-cleaning technology for 70% of vessels
Carnival announced plans to significantly increase installations of its industry-first exhaust gas cleaning technology to more than 70 vessels. The expansion covering over 70% of its entire fleet represents an increase from the 32 ships announced in September 2013. Carnival is investing as much as $400M to design, build and install the systems, being used for the first time in the restricted space found on cruise ships. The systems will enable Carnival to meet new regulations that place a cap on sulfur content of fuel oil at 0.1%, resulting in significantly reduced air emissions. The systems will help the company meet its environmental sustainability goals, as well as mitigate escalating fuel costs.
News For CCL From The Last 14 Days
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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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July 10, 2014
07:08 EDTCCLCarnival management to meet with Deutsche Bank
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July 8, 2014
06:30 EDTCCLCruise line pricing data weaker at Carnival, says Jefferies
Jefferies says its latest pricing data at Carnival (CCL) is weaker than in recent months and that it continues to see risks to 2015 consensus estimates. The firm reiterates an Underperform rating on the stock with a $33 price target, preferring Buy-rated Royal Caribbean (RCL). Jefferies notes that its pricing data supports Royal's 2014 earnings guidance.

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