Leaked email and audio reveal Carnival-owned Holland America has struggled to give refunds to some customers (CCL)

Thursday, 21 May 2020, 13:11:37
Holland America Line has struggled to deliver refunds in a timely manner to some customers in recent months, according to an internal email and a recording of a conference call obtained by Business Insider. Holland America Group executive Christy Oakland said during the conference call that the company had been working to make an automated system to process refunds in bulk, and its development slowed down the pace at which the company was able to issue refunds. The company has now finished developing the automated system and will begin issuing delayed refunds this week and next, Oakland said. Holland America and Carnival Corp., which owns Holland America, did not immediately respond to requests for comment. Are you a current or recent employee of Carnival or another cruise company? Email this reporter at [email protected] . You can also reach out on Signal at 646-768-4712 or email this reporter’s encrypted address at [email protected] . Visit Business Insider’s homepage for more stories .
— Business Insider

It’s a risky trade, but Credit Suisse makes the case for two cruise line stocks to soar

Thursday, 21 May 2020, 12:16:41
Credit Suisse initiated coverage of Royal Caribbean and Norwegian Cruise Line with outperform ratings on Thursday.
— CNBC

Norwegian Cruise Line extends sailing suspension; ships won’t sail until August

Wednesday, 20 May 2020, 16:30:38
Norwegian Cruise Line Holdings Ltd. has extended its sailing suspension through July 31. Ships are now scheduled to resume service Aug. 1.
— USA Today (Feed)

Dow spikes 912 points as vaccine progress spurs economic-reopening optimism

Monday, 18 May 2020, 20:02:40
US stocks surged on Monday as Moderna announced that its coronavirus vaccine candidate had shown encouraging progress. In a small number of healthy volunteers, Moderna’s vaccine helped create immune responses that may help protect people from being infected with the novel coronavirus. Investors have been closely watching for updates that can provide guidance about economic-reopening efforts, and they were encouraged by Moderna’s results. West Texas Intermediate crude oil futures skyrocketed as much as 13%, to $33.32 per barrel. Watch major indexes update live here . US stocks surged on Monday as Moderna announced that its coronavirus vaccine candidate had shown encouraging progress. In a small number of healthy volunteers, Moderna’s vaccine helped create immune responses that may help protect people from being infected with the novel coronavirus. The biotech firm is planning to start additional trials immediately and aiming to be ready this fall for potential emergency use of its vaccine.
— Business Insider

Norwegian Cruise Line ‘optimistic’ about phased return to service

Sunday, 17 May 2020, 09:00:39
There’s smoother sailing ahead.
— Fox News