The Latest Breaking News from CCL

Oslo (AFP) - A trio of human rights watchdogs from Belarus, Russia and Ukraine won the Nobel Peace Prize on Friday, a highly symbolic choice of laureates drawn from three nations at the centre of the war in Ukraine.

Cruise ship stock Carnival Corporation (CCL) has witnessed an upsurge in bookings in the post-pandemic era. However, it missed consensus estimates in its latest reported quarter. Moreover, it has lost more than 60% in 2022 and demonstrates poor profitability. CCL is still in choppy waters and might be best avoided…

Persistently high inflation and the Fed’s aggressive stance to combat it have increased recession fears. While the cruise industry barely recovered from the pandemic-led disruptions, a downturn in the economy could wipe out its liquidity. So, it may be prudent to avoid fundamentally weak cruise ship stocks Carnival Corporation (CCL),…

Earlier this year, Sefton Council said it was "seeking clarification" after work appeared to have stalled

High inflation, rising interest rates, increased borrowing costs, and recession fears have posed significant challenges for the cruise shipping industry. With the macroeconomic environment expected to remain uncertain, fundamentally weak cruise shipping stocks Carnival Corporation (CCL) and Royal Caribbean Cruises (RCL) are expected to remain under pressure. So, we think…

The stock market has been facing significant turmoil due to aggressive rate hikes and recession concerns. As the stock market is expected to remain volatile in the near term, the hard-hit stocks Carnival Corporation (CCL) and Upstart Holdings (UPST) might be best avoided as they might drop even lower. Read…

Due to high inflation, rising interest rates, increased borrowing costs, and recession fears, cruise shipping companies are struggling to keep themselves afloat. Given their weak fundamentals, Carnival Corporation (CCL) and Royal Caribbean Cruises (RCL) are not well-positioned to survive the challenging macroeconomic environment, so we think these stocks are best…

Chief executive says the Troon-founded business is looking at acquisitions to continue growth trajectory

While the cruise shipping industry has been able to stage a post-pandemic recovery, many industry participants are yet to return to profitability. With inflation, rising interest rates, fears of recession, and unenviable unit economics, cruise shipping companies are struggling to keep themselves afloat. So, let’s take a closer look at…