Royal Caribbean new ships will boost results, says Wells Fargo
Wells Fargo believes that investor concerns about Royal Caribbean's Q4 guidance are overdone, as the firm thinks that the benefits to the company's results from its new ships over the next two years are underappreciated. The firm would continue to build positions in the stock, especially on any weakness. :theflyonthewall.com
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Royal Caribbean says cruise bookings down 20% after Costa Concordia accident
Says cruise bookings down 20% in the two weeks after the Costa Concordia accident. Says over the last five days, new reservations are down in the low to mid teens with each day showing slightly better performance. Says North American demand appears to be recovering steadily. :theflyonthewall.com
Royal Caribbean anticipates yield improvement for the full year 2012 to be in a range between 1% and 5% on a Constant-Currency basis and between flat and 4% on an As-Reported basis versus the prior year. :theflyonthewall.com
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