Royal Caribbean signs MOU with Shanghai International
Royal Caribbean Cruises announced that the company has signed a Memorandum of Understanding with Shanghai International Port at Shanghai International Passenger Terminal yesterday. The memorandum will strengthen the strategic partnership between the two parties in areas of cruise operations in port, market promotion, staff training and management experience exchange. This cooperation will open more gateways to overseas visitors to Expo 2010 Shanghai and further boost China's cruise market. :theflyonthewall.com
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Royal Caribbean calls active on low volatility into EPS and dividend outlook
Royal Caribbean is recently down 2c to $25.16. RCL is expected to report Q4 EPS on January 28. February 25 calls have traded 35 times on transaction volume of 1,805 contracts, above its open interest of 680 contracts. February and June put option implied volatility of 51 is below its 26-week average of 56, according to Track Data, suggesting decreasing price movement. :theflyonthewall.com
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