Cruise-ship stocks gain as CDC guidance suggests industry is closer to setting sail

Monday, 5 April 2021, 18:06:58
Summary List Placement Cruise-ship stocks soared on Monday after the CDC released a technical guidance update that suggests the industry is closer to setting sail again. The guidance includes additional safety standards cruise-ships must adopt to help combat COVID-19. Norwegian Cruise Lines submitted to the CDC its plans to set sail for the first time since the pandemic began on July 4. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Cruise-ship stocks soared on Monday after the CDC released a technical guidance update that suggests the industry may be allowed to set sail with paying passengers later this year. Cruise ships in the US have been unable to set sail for more than a year since the COVID-19 pandemic began. Shares of Norwegian Cruise Lines , Carnival Corp ., and Royal Caribbean Group soared as much as 8%, 7% and 5% in Monday trades, respectively. The CDC guidance sets up additional COVID-19 protocols for cruise-ships to follow, including running trial voyages with volunteers to test out the new measures before sailing with paying customers.
— Business Insider

Amid COVID-19 vaccine rollout, Royal Caribbean CEO urges CDC to update sailing guidance

Tuesday, 23 March 2021, 14:27:28
The CEO of Royal Caribbean Cruises has called on the Centers for Disease Control and Prevention (CDC) to update its sailing guidance as the coronavirus vaccine is distributed across the U.S.
— Fox News

South Africa Sugar Manufacturing Market Report 2020 with Profiles of Tongaat Hulett, Illovo and RCL Foods and Umfolozi – ResearchAndMarkets.com

Thursday, 4 March 2021, 16:40:00
DUBLIN–(BUSINESS WIRE)–The “The Manufacture of Sugar in South Africa 2020” report has been added to ResearchAndMarkets.com's offering. This report focuses on the manufacture of sugar in South Africa, with information on the state and size of the sector, major players and their brands and performance, and factors influencing the sector. There are profiles of nine companies including notable players such as Tongaat Hulett, Illovo and RCL Foods and mills such as Umfolozi Manufacture of Sugar: So
— Business Wire

Best Stocks in the Past Week: Fisker, Cruise Lines Soar

Monday, 1 March 2021, 14:00:00
The best-performing stocks in the past week include GameStop, Royal Caribbean Cruises, Caesars Entertainment, American Airlines, Carnival Cruises and more.
— The Street

Buy these 15 stocks set to beat the market and surge even as rising bond yields cause tantrums elsewhere, Credit Suisse says

Sunday, 28 February 2021, 12:30:00
Summary List Placement Did it feel like the market turned upside down last week ? Over the last few days, stocks went through one of their worst stretches since last March. A strong jobless claims report last Thursday extended the sudden rise in bond yields as investors wondered if the economy's revival would lead to greater inflation, and to higher interest rates if the Federal Reserve ends its stimulus programs. The spike in bond yields caused a sell-off in high-growth stocks, like tech, that have been at the forefront of the market for more than a decade. A big contingent of investors have said for years that a sustained increase in interest rates would be bad news for those types of stocks, which dominate major indexes. High-dividend bond proxies like real estate companies also slumped last week. But the most significant questions are where this is going, and whether it's going to be a short blip or a long-term problem for stocks. Credit Suisse analysts say the “problem level” for stocks is around 2%.
— Business Insider