Carnival Corp
These two cruise lines stand out above the rest, Susquehanna says
The hard-hit cruise industry should see demand recover, but a testy economy means investors should be selective with which stocks to pick, according to Susquehanna Financial Group. “Positively, the industry is on the mend; liners are planning to redeploy their full fleets into the summer and have a line of sight to profitability into 2023. […]
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Cruise stocks lose steam
CNBC’s Seema Moody joins ‘The Exchange’ to report on the headwinds faced by cruise lines compared to other travel stocks. Source
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Saudi fund in early talks to potentially buy Carnival’s ultra-luxury Seabourn brand
An aerial view of Seabourn Encore cruise ship docked at Bodrum Cruise Port on April 27, 2022, in Mugla, Turkey. Ali Balli | Anadolu Agency | Getty Images Carnival is in preliminary discussions to sell its Seabourn ultra-luxury cruise brand to the Saudi sovereign wealth fund, people familiar with the situation told CNBC. Talks between […]
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Strategist says U.S. stocks are undervalued right now — and names his top picks to buy the dip
Morningstar’ s David Sekera thinks the market sell-off is looking overdone — and reveals the tech stocks he thinks are attractive right now, as well as his picks to ride the return of consumer spending. After years of beating the market, tech stocks have been slammed this year as expectations of aggressive tightening by the […]
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Carnival CEO Arnold Donald steps down as cruise industry aims for a refresh
Carnival’s announcement Tuesday that Arnold Donald would step down as CEO of the world’s biggest cruise line came after some investors pushed back at a shareholders meeting earlier this month on metrics tied to the 67-year-old’s 2021 compensation package of $15 million, sources familiar with the situation told CNBC. “End of an era,” said one […]
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Carnival CEO Arnold Donald stepping down, COO Josh Weinstein to become new chief
CNBC’s Seema Mody joins ‘Squawk on the Street’ to report that Carnival CEO Arnold Donald plans to step down from his position on Aug. 1. Source
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Stocks making the biggest moves midday: Twitter, Carnival, First Solar and more
Carnival Cruise Line’s Carnival Ecstacy cruise ship is docked at the Port of Jacksonville amid the Coronavirus outbreak on March 27, 2020 in Jacksonville, Florida. Sam Greenwood | Getty Images Here are the companies making headlines in midday trading. Twitter — Shares of the social media company rallied more than 3% after Twitter announced that […]
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Stocks making the biggest moves in the premarket: Carvana, First Solar, Generac and more
Take a look at some of the biggest movers in the premarket: Carvana (CVNA) – Carvana was downgraded to “sector perform” from “outperform” at RBC Capital Markets, with the price target for the online car seller’s stock cut to $138 per share from $155 per share. RBC bases its call both on valuation and potential […]
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This is one of Goldman’s best-performing stock portfolios this year for clients
The investment bank assembled a pool of stocks that would benefit from surging interest rates. Source
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Buy these two cruise line operators as business returns to normal, Wells Fargo says
Analysts say cruise lines are “one of the few remaining recovery stories” in consumer stocks. Source
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