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Royal Caribbean Cruises Ltd (RCL.N)

RCL.N on New York Stock Exchange

79.56USD
2 Dec 2016
Change (% chg)

$0.26 (+0.33%)
Prev Close
$79.30
Open
$79.30
Day's High
$79.97
Day's Low
$79.10
Volume
278,522
Avg. Vol
555,898
52-wk High
$103.40
52-wk Low
$64.25

Latest Key Developments (Source: Significant Developments)

Moody's U.S. Lodging & Cruise industry outlook revised to stable from positive
Monday, 26 Sep 2016 09:40am EDT 

Moody's : Moody's: U.S. Lodging and Cruise Industry outlook revised to stable from positive . Moody's On U.S. Lodging, Cruise Industry - outlook reflects expectations for the fundamental business conditions for the next 12 to 18 months . Moody's On U.S. Lodging,Cruise Industry- occupancy is forecast to fall -1% to flat in 2017, which will pressure average daily room rate,revenue per available room growth .Moody's On U.S. Lodging,Cruise Industry-e stimate Ocean Cruise capacity for Carnival Corp,Royal Caribbean,Norwegian Cruise line to increase 2.5% in 2017.  Full Article

Royal Caribbean International CEO Michael Bayley reports open market sale
Friday, 12 Aug 2016 06:30pm EDT 

Royal Caribbean Cruises Ltd :Royal caribbean international ceo michael bayley reports open market sale of 12,183 shares of co at $71.07 per share-Sec filing.  Full Article

Royal Caribbean says CEO Richard Fain reports purchase of 29,190 shares
Wednesday, 3 Aug 2016 06:33pm EDT 

Royal Caribbean Cruises Ltd :Ceo richard fain reports purchase of 29,190 shares of co's common stock at average price of $68.52 per share on aug 3 - sec filing.  Full Article

Royal Caribbean Cruises Q2 adjusted earnings $1.09/shr
Tuesday, 2 Aug 2016 08:30am EDT 

Royal Caribbean Cruises Ltd : Updated full year adjusted eps guidance to a range of $6.00 to $6.10. . Constant-Currency net yields are expected to be up approximately 2.0% in q3 of 2016 . Ncc excluding fuel are expected to be down approximately 1.5% on a constant-currency basis in q3 . Q2 earnings per share view $1.01 -- Thomson Reuters I/B/E/S . Q3 earnings per share view $3.39 -- Thomson Reuters I/B/E/S . Fy adjusted earnings per share guidance is $0.20 decrease at midpoint versus previous guidance due to $0.27 negative impact from currency and fuel rates . Fy adjusted earnings per share guidance includes negative imapct of $0.14 related to weakness in british pound following brexit vote . Qtrly total revenue $2.11 billion versus $2.06 billion . Fy2016 earnings per share view $6.21, revenue view $8.90 billion -- Thomson Reuters I/B/E/S . Q2 adjusted earnings per share $1.09 . Q2 gaap earnings per share $1.06 . Expects q3 adjusted eps to be approximately $3.10 per share. . Currency basis increased 1.1% . Currency ncc excluding fuel increased 1.9% . Full year 2016 net yields are expected to increase in range of 4.0% to 4.5% on a constant-currency basis . Full year 2016 ncc excluding fuel are expected to be up approximately 1.0% on a constant-currency basis . Projected capex for fy 2016, 2017, 2018, 2019 and 2020 are $2.4 billion, $0.5 billion, $2.5 billion, $1.4 billion and $1.7 billion, respectively.  Full Article

Royal Caribbean agreed with Miami-Dade county to operate new cruise terminal at Port Miami
Tuesday, 28 Jun 2016 09:16pm EDT 

Royal Caribbean Cruises Ltd :Agreed with Miami-Dade county to construct and operate a new cruise terminal at Port Miami.  Full Article

Royal caribbean to sell legend of the seas
Thursday, 2 Jun 2016 03:00am EDT 

Royal Caribbean Cruises Ltd : Royal caribbean to sell legend of the seas .Entered into an agreement to sell its cruise ship legend of seas to thomson cruises in spring of 2017.  Full Article

Royal Caribbean declares qtrly dividend of $0.375 per share
Tuesday, 17 May 2016 04:20pm EDT 

Royal Caribbean Cruises Ltd :Declared a quarterly dividend of $0.375 per common share payable on June 13, 2016.  Full Article

Royal Caribbean Cruises, Springwater Capital announce JV
Tuesday, 10 May 2016 09:02am EDT 

Royal Caribbean Cruises Ltd : Joint venture is expected to be completed later this year . Rcl will sell a 51 percent stake in pullmantur and cdf to springwater . Deal expected to result in an immaterial one-time gain, which will be excluded from rcl's key metrics . Rcl will have a 49 percent stake, and retain full ownership of ships and planes currently operated by pullmantur and cdf . Transaction is expected to have partially offsetting impacts on yields and expenses . Net effect of deal on company's 2016 bottom line is expected to be neutral to marginally positive .Royal caribbean cruises ltd. And springwater capital announce joint venture.  Full Article

Royal Caribbean Cruises Ltd faces two lawsuits over storm-battered cruise ship - Reuters
Thursday, 25 Feb 2016 05:57pm EST 

Royal Caribbean Cruises Ltd:Royal Caribbean Cruises Ltd faces at least two lawsuits by passengers accusing the company of negligently endangering their lives by letting its Anthem of the Seas cruise ship sail into a fierce Atlantic storm this month - RTRS.The lawsuits filed in the U.S. District Court in Miami claim that Royal Caribbean knew, or should have known, that a coastal storm carrying hurricane-force winds had been forecast before the ship set sail from Cape Liberty, New Jersey on Feb. 6 for a scheduled seven-night cruise to the Bahamas.Nonetheless, Royal Caribbean chose to sail the ship into the storm, motivated by a desire to profit at the expense of the safety of roughly 4,500 passengers and 1,600 crew, the lawsuits said.Cynthia Martinez, a Royal Caribbean spokeswoman, said the Miami-based company does not discuss pending litigation, and has taken steps to minimize the risk of another similar incident. Royal Caribbean has said the storm was more severe than expected.Passengers hunkered in their rooms as the Anthem of the Seas encountered high winds and 30-foot waves off the North Carolina coast, a day after its departure.  Full Article

Royal Caribbean Cruises Ltd declares dividend
Tuesday, 9 Feb 2016 04:36pm EST 

Royal Caribbean Cruises Ltd:Declared a quarterly dividend of $0.375 per common share payable on March 3 to shareholders of record date on February 22.  Full Article

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Royal Caribbean says confident of doubling profit; shares soar

Royal Caribbean Cruises Ltd said it was confident of meeting its profit forecast for 2017, buoyed by strong bookings, indicating that the No. 2 U.S. cruise operator had tided over what has been a turbulent year for the cruise industry.