New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 18, 2014
14:32 EDTNCLHNorwegian Cruise Line weakness a buying opportunity, says Wells Fargo
Wells Fargo attributes the weakness in shares of Norwegian Cruise Line during the company's earnings call to concerns about Caribbean pricing and premiums on the new "Getaway" cruiseship, but says its post-call follow up makes it seem that management's comments were interpreted more negatively than intended. Wells says the pricing and premiums have been factored into the company's FY14 outlook and the firm would be buyers of the shares on the weakness.
News For NCLH From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 25, 2015
10:59 EDTNCLHHSBC sees Carnival revenue yield topping guidance, starts at buy
HSBC initiated coverage of cruise operator Carnival (CCL) with a Buy rating, saying that the company's net revenue yield should surpass its guidance. WHAT'S NEW: Increases in Carnival's on-board revenue, combined with its greater price discipline, should enable the cruise operator's net revenue yield to beat expectations going forward, according to HSBC analyst Lena Thakkar. Other factors that should help the company's net revenue yield grow faster than that of its peers include its expansion in China, its major marketing push and new destinations it has added, according to Thakkar. Moreover, Carnival can reduce its costs that are currently "uncoordinated," including flights and hotels for its crews and its port costs, Thakkar believes. The cruise operator may beat its guidance for a "slight increase" in its costs next year, predicted the analyst, who set a $60 price target on the shares. OTHERS TO WATCH: Other prominent cruise operators include Royal Caribbean (RCL) and Norwegian Cruise Line (NCLH). PRICE ACTION: In late morning trading, Carnival rose 1.4% to $51.09.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use