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Norwegian Announces Pricing Of Its $250M Public Offering
Friday, July 17, 2020 - 3:55am | 340Read More...Norwegian Cruise Holdings Ltd (NSYE: NCLH) late Thursday announced the pricing of its $250 million public offering. The company priced about 16.6 million shares at $15 each. Underwriters for the offering can exercise a greenshoe option to purchase up to 2.5 million additional shares. The cruise...
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Norwegian, Carnival, Royal Caribbean Extend Losses As CDC Furthers Cruise Sail Ban
Friday, July 17, 2020 - 2:38am | 352Read More...The shares of Norwegian Cruise Line Holdings Ltd (NYSE: NCLH), Carnival Corp. (NYSE: CCL), and Royal Caribbean Cruises Ltd (NYSE: RCL) continued to dip in the after-hours session Thursday, as the Centers For Disease Control and Prevention extended its ban on cruise sailing in the United States....
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Norwegian Plummets 12% As Company Says Cruises Won't Take To The Sea For Another Few Months
Wednesday, June 17, 2020 - 12:48am | 279Read More...The shares of Norwegian Cruise Line Holding Ltd. (NYSE: NCLH) dipped nearly 12.4% in the after-hours session on Tuesday. What Happened The dip followed the Florida-based company's announcement that it is extending the suspension of its cruise voyages to October. Certain voyages in October...
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Another Fundraise, As Self-Driving Startup Waymo's Investment Hits $3B In 2020
Wednesday, May 13, 2020 - 5:57pm | 672Read More...Waymo, the autonomous driving unit of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), announced Tuesday that it has raised a further $750 million in external investment. This investment is right behind the $2.25 billion financing the company raised in March — its first-ever non-Alphabet investment. ...
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Viking To Suspend All River And Ocean Cruises Till May 1
Thursday, March 12, 2020 - 7:01am | 396Read More...Viking River Cruises has announced they will halt all river and ocean cruises due to the coronavirus pandemic. What Happened Viking released a video of its Chairman Torstein Hagen, saying the cruise ship company would suspend all trips scheduled between March 12 and April 30, 2020. Hagen announced...
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Norwegian Cruise Line's Stock Will Sail Higher, Morgan Stanley Says
Wednesday, February 6, 2019 - 4:35pm | 326Read More...For the first time since 2016, Morgan Stanley says Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) should be bought by investors despite an uncertain cruise environment. The Analyst Morgan Stanley's Thomas Allen upgraded Norwegian Cruise from Equal-Weight to Overweight with a price target...
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GM's Cruise, Honda Team Up On Autonomous Vehicle Development
Wednesday, October 3, 2018 - 9:08am | 529Read More...Honda Motor Co Ltd (NYSE: HMC) announced a 5.7-percent stake in and partnership with General Motors Company (NYSE: GM)’s Cruise subsidiary to advance autonomous vehicle development. "This is the logical next step in General Motors and Honda's relationship, given our joint work on...
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Credit Suisse Sees Carnival Traveling To 18% Upside
Tuesday, January 9, 2018 - 10:33am | 357Read More...Over the past six months, shares of Carnival Corp (NYSE: CCL) were essentially flat. Cruise stocks as a whole have underperformed lodging stocks by 33 percent since September. But on Tuesday, one Wall Street analyst turned bullish and said the stock is now an "attractive total shareholder...
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4 January Consumer Stock Picks From William Blair
Wednesday, January 3, 2018 - 5:25pm | 697Read More...Looking for a consumer stock pick for January? Analysts at William Blair highlighted four in a Tuesday note. The Analysts William Blair's Sharon Zackfia, Jon Andersen, Dylan Carden, Ryan Domyancic, Daniel Hofki and Ryan Sundby. The Thesis William Blair's consumer near-term focus...
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Cramer Blasts Goldman Sachs For Being Wrong On Cruise Stocks
Tuesday, August 15, 2017 - 9:58am | 376Read More...Analysts at Goldman Sachs were bearish on cruise stocks to start 2017 — a call which clearly went against them, CNBC's Jim Cramer highlighted during his daily "Mad Money" show Monday. The analysts slapped a Sell rating on Royal Caribbean Cruises Ltd (NYSE: RCL) and left a "lukewarm" Neutral...
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Cramer Shares His Thoughts On Carnival And American Airlines
Thursday, June 22, 2017 - 12:28pm | 438Read More...Jim Cramer has two stocks in the transportation and leisure group on his radar: Carnival Corp (NYSE: CCL) and American Airlines Group Inc (NASDAQ: AAL). Carnival: Another 'Unbelievably Good' Quarter Carnival Corp reported ahead of Thursday's market open another "unbelievably good...
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Can This Leisure Group Cruise Higher? Cramer Thinks So
Thursday, June 1, 2017 - 10:37am | 405Read More...Cruise stocks have been red-hot this year, but seem to be flying under the radar. But investors should consider picking up a few of the cruise stocks, at least according to CNBC's Jim Cramer. Cramer explained during his daily "Mad Money" show that there has been a shift in sentiment...
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Is Now A Good Time To Buy Cruise Stocks? The Latest Data Out Of China Certainly Makes The Case
Monday, May 15, 2017 - 1:23pm | 415Read More...Is now the time for cruise investors to buy shares of cruise companies? The latest data out of China, the world's fastest growing cruise market, certainly makes the case for such a move. According to a Bloomberg report, around 2 million consumers in China cruised in 2016. While this represents an...
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Investors Set Sail With Cruise-Line Investments In 2016
Monday, January 4, 2016 - 9:57am | 360Read More...2015 proved to be a lucrative year for many cruise liners, as an improving economy and low fuel prices created the perfect conditions for a rebuilding year. Industry juggernaut Carnival Corp (NYSE: CCL) saw its shares rise 19.43 percent over the course of the year, and Barron's sees the firm...
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Carnival's Stock Higher Following New Agreement With Italian Shipbuilder
Wednesday, December 30, 2015 - 1:38pm | 239Read More...Shares of Carnival Corp (NYSE: CCL) were trading higher by more than 1 percent on Wednesday and hit a new 52-week high of $55.73 after the company announced plans to purchase four new cruise ships for delivery in 2019 and 2020. Carnival noted that it signed a memo of agreement with Fincantieri S.p....
