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Stock Market & Financial Investment News

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February 25, 2014
06:37 EDTCCL, RCL, NCLHRecent cruise trends have improved, says Citigroup
Citigroup believes bookings for the publicly traded cruiselines are up mid double digits with pricing down 7%-9% over the past seven days, compared to year-to-date bookings and pricing down mid-single digit. Citi attributes the recent booking strength to discounts on close-in Caribbean bookings and easy comparisons. The firm believes believe Royal Caribbean (RCL) is likely to achieve or exceed the upper end of its 2014 guidance and views the stock as the most compelling long idea in the space. Citi also thinks Carnival (CCL) and Norwegian Cruise Line (NCL) are likely to achieve their 2014 net yield guidance.
News For RCL;CCL;NCLH From The Last 14 Days
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August 31, 2014
21:19 EDTCCL, NCLH, RCLNorwegian Cruise in talks to acquire Prestige Cruises for $3B, Reuters says
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August 25, 2014
12:01 EDTRCLMicrosoft says Royal Caribbean providing 40K crew members with Windows tablets
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