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Stock Market & Financial Investment News

News Breaks
February 11, 2014
06:55 EDTCCL, RCLRoyal Caribbean price target raised to $58 from $48 at Jefferies
Jefferies raised its price target for Royal Caribbean (RCL) shares to $58 citing the company's "superior" operating performance and improving balance sheet. The firm keeps a Buy rating on the stock while downgrading its peer Carnival (CCL) this morning to Underperform.
News For RCL;CCL From The Last 14 Days
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September 3, 2015
16:14 EDTRCLRoyal Caribbean raises quarterly dividend 25% to 37.5c per share
The dividend is payable on October 6 to shareholders of record at the close of business on September 18.
August 31, 2015
09:01 EDTRCLRoyal Caribbean names Michael Giresi SVP and Chief Information Officer
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August 28, 2015
08:49 EDTCCLCarnival expects to carry 400K passengers from Crescent City
Carnival Cruise Line continues to expand its presence at the port and expects to carry a record 400,000 passengers from the Crescent City this year. Currently, Carnival's two New Orleans-based ships include the 3,646-passenger Carnival Dream, offering seven-day Caribbean cruises, and the 2,052-passenger Carnival Elation sailing four- and five-day cruises to Mexico. Carnival will increase capacity on short cruises from New Orleans by 34 percent when the 2,758-passenger Carnival Triumph replaces Carnival Elation next spring.
August 25, 2015
08:23 EDTCCL, RCLCarnival, Royal Caribbean estimates raised at William Blair
William Blair analyst Sharon Zackfia raised her estimates for both Carnival (CCL, CUK) and Royal Caribbean (RCL) citing recent declines in fuel prices and the weaker dollar. Zackfia said that she continues to prefer Royal Caribbean, on which the firm has an Outperform rating, to Carnival, but added that she is encouraged by the improvement in trends this year at the latter.
August 23, 2015
14:06 EDTCCL, RCLCruise industry headed for jump in profits, Barron's says
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