by Cruise Market Watch | Dec 21, 2010 | Stock
Following yesterday's upgrade to Overweight and a $51 price target, Carnival (CCL) released 4th quarter and year end earnings this morning delivering investors an early Christmas present. Earnings were in line with analyst expectations, overcoming some of the expected...
by Cruise Market Watch | Dec 11, 2010 | Revenue, Trends
Among the 2011 highlights: ~Total worldwide cruise market is estimated at $29.4 billion, a 9.5% increase from 2010 ~Total cruise passengers carried worldwide in 2011 is estimated at 19.2 million, a 4.1% increase over 2010 ~Carnival (NYSE: CCL ) controls 51.6% of...
by Cruise Market Watch | Dec 1, 2010 | Stock
It may be odd to think of a ship soaring rather than sailing, but that is what cruise line stocks have been doing over the past six months. In fact, Royal Caribbean’s (RCL) price per share (pps) has risen 87% from July lows of $23 to recent highs of $43. Likewise...
