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Stock Market & Financial Investment News

News Breaks
March 5, 2014
13:50 EDTNCLHGenting filing adds overhang for Norwegian Cruise Line, says Wells Fargo
Wells Fargo notes that Norwegian Cruise Line shareholder Genting filed a prospectus prior to the company's own secondary share filing last night and that some investors may be misinterpreting Genting's filing. Wells says its talks with management suggest Genting's filing was driven by Hong Kong regulations and doesn't necessarily mean the stakeholder plans to dispose of all of its 56.81MM share position in the cruise line over the next year. However, the firm says the filing from Genting could add to overhang concerns on Norwegian in the near term.
News For NCLH From The Last 14 Days
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August 15, 2014
06:09 EDTNCLHNorwegian Cruise Line added to Focus List at Citigroup
Citigroup added Norwegian Cruise Line to its Focus List after its latest channel checks indicated the company's booking volume growth has accelerated to over 30% year-over-year. Citi believes investor sentiment is low and reiterates a Buy rating on Norwegian with a $40 price target.

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