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Stock Market & Financial Investment News

News Breaks
July 14, 2014
12:29 EDTNCLHNorwegian Cruise Line reaches agreemeent for two new cruise ships
Norwegian Cruise Line announced that it has reached an agreement with MEYER WERFT GmbH of Germany to build two new Breakaway-Plus class cruise ships for delivery in the second quarter 2018 and the fourth quarter 2019. Each ship will be 164,600 gross tons and include 4,200 passenger berths. The contract price for both ships is approximately euro 1.6 billion. The company has export credit financing in place for each ship, arranged and underwritten by KfW IPEX-Bank GmbH of Germany.
News For NCLH From The Last 14 Days
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October 17, 2014
07:17 EDTNCLHNorwegian Cruise volatility elevated on sharp sell off
Norwegian Cruise November call option implied volatility is at 39, December is at 31, March is at 28; compared its 26-week average of 26 according to Track Data, suggesting large near term price movement.
October 13, 2014
13:22 EDTNCLHNorwegian Cruise Line names Drew Madsen as COO
Norwegian Cruise (NCLH) announced that hospitality veteran Drew Madsen has joined as president and COO of Norwegian Cruise Line. Madsen brings a strong track record of success to Norwegian with more than 30 years of leadership experience in the hospitality and consumer products industry, most recently as president and COO at Darden Restaurants (DRI) the world's largest full-service restaurant company.

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