A mother and her child in crisis were airlifted by helicopter from a Carnival Cruise Line ship on Saturday in a hair-raising Air Force rescue. Two HH-60G Pave Hawk helicopters, two HC-130J Combat King 11 aircraft and two teams of combat rescue officers and pararescuemen based at Patrick Space Force Base in Brevard County, Florida, […]
Carnival (NYSE: CCL) (NYSE: CUK) navigated stormy seas in the earliest days of the pandemic. The world’s biggest cruise company was forced to halt sailings, and that resulted in profit plunging and debt swelling to record levels. However, once Carnival’s ships returned to the seas, the company did all it could to supercharge recovery, from […]
One of last year’s biggest winners has been taking in water this year. Shares of Carnival Corp. (NYSE: CCL) more than doubled last year. The world’s largest cruise line operator isn’t exactly coasting in 2024, down 23% so far this year. This doesn’t mean that it’s not a good time to walk the gangway and […]
Carnival Corp (NYSE: CCL), with 43% of all world cruise passenger traffic, is the market leader, well ahead of cruise line companies like Royal Caribbean and Norwegian Cruise Line Holdings. Given the company’s shutdown during the pandemic and its struggles to return to full capacity and profitability since then, investors may wonder whether industry leadership is […]
A Carnival Cruise Line ship rescued nearly 30 people who were stuck at sea on Sunday. The crew on Carnival Paradise saved 28 Cuban nationals who were signaling for help on a vessel that was adrift around 2:30 p.m. The cruise ship was headed from Tampa, Florida, to Roatan in Honduras at the time. “The […]
In the five years leading up to its all-time high in January 2018, Carnival (NYSE: CCL) was a winning investment. Its shares jumped 86% during that time. It’s been a different story since then, though. This cruise stock currently sits 80% below its peak price. That’s even after shares soared 76% since the start of […]
Carnival‘s (NYSE: CCL) business made a massive recovery last year, and its stock gained 130%. But so far in 2024, it’s down 18%. So is the cruise line giant’s recovery story over, or is this an opportunity to buy it on the dip? Carnival is back in business Carnival stock was risky during the period […]
Carnival (NYSE: CCL) stock is still recovering from the pandemic. At around $16 a share, the stock is still nowhere near the $50-plus price tag it was trading at in late 2019. The company accumulated debt during the past few years as the business struggled with factors outside of its control, but things have been […]
Strong demand in travel has sent Carnival (NYSE: CCL) shares up 60% over the last year, but the stock’s recent pullback could be a great buying opportunity, according to analysts at Stifel Financial. Following another strong earnings report last week, Stifel maintained a buy rating on the stock. The firm knocked $1 off its previous […]
NORFOLK, Va. (WAVY) — Thousands of passengers got off and on the Carnival Legend cruise ship docked in Norfolk on Sunday, March 31. Previous Coverage: Crews at Baltimore bridge collapse continue meticulous work of removing twisted steel and concrete It was about four hours away from where they were supposed to be in Baltimore. The […]
Carnival‘s (NYSE: CCL) business was doing well prior to the onset of the pandemic. The public health crisis dealt a blow to the industry, but things are starting to pick up in a big way. Investors are taking notice. Shares are up 85% just in the past 12 months. However, they remain 76% below their […]
Carnival Cruise Lines will continue to make trips to and from Jacksonville. The Jacksonville Port Authority (JAXPORT) announced Monday that it and Carnival reached an agreement to continue cruise service from Jacksonville into 2026, with options to extend through 2030. Carnival’s Elation cruises out of JAXPORT’s North Jacksonville Cruise terminal, offering year-round trips to The […]