The size of the text Carnival’s Ecstasy cruise ship, docked at Jacksonville harbor, amid a coronavirus outbreak in late March. Sam Greenwood / Getty Images U.S. Two of the three major cruise operators have announced capital increases this week, the latest in a series of similar moves in recent months …
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Getty Images Shares of cruise companies tumbled on Tuesday, hitting the Royal Caribbean Group the hardest after announcing a total of વાની 1 billion in public stock and private convertible debt and giving a booking update. Royal Caribbean Stock RCL, -12.87% Pigeon 11.1% in midday trading, to accelerate the SPX …
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Text size A cruise ship from Carnival. MARK RALSTON / AFP / Getty Images Following the postponement of the launch of German cruises earlier this month, Carnival plans to restore sailings from that country and Italy in early September. The exhibition was a setback for Carnival (ticker: CCL), the largest …
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Text size Skip Royal Caribbean’s Liberty of the Seas on May 19 in Miami Beach, Fla. Cliff Hawkins / Getty Images Royal Caribbean Group CEO Richard Fain continues to see a slow return to business, at least initially, if that happens. Several companies have started operating cruises in Asia and …
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Corporate profits have so far surpassed low expectations so far this winning season, but there are still a lot of wild cards left in the deck. Consensus S&P 500 SPX, + 0.06% income taxes rose only 3% for the third quarter and are not budgeted at all in the fourth …
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