How does it look to have the owner of Carnival, Micky Arison, sitting courtside at a Miami Heat game while one of his ships flounders in the Gulf of Mexico? Sydney Finkelstein, Tuck School of Business at Dartmouth University, and Allen Adamson, Brand Simple Author, discuss what Arison can do to make it up to customers and get past this PR disaster.
More capacity and bigger ships can mean bigger problems, like those experienced by the Carnival Triumph this week, reports CNBC's Michelle Caruso Cabrera. James Walker, maritime lawyer with Walker & O'Neill, weighs in on legal options the passengers have after being stuck on the ship for a week with no power.
CNBC's Michelle Caruso Cabrera looks at the mess on board the Carnival Triumph. And Dr. Rodney Samaan talks about health concerns that arise on a cruise ship that's lost power. Are those health concerns serious or just more of a big inconvenience?
CNBC's Michelle Caruso Cabrera talks to passengers who were stuck on board the Carnival Triumph after it lost power in the Gulf of Mexico.
Take a look at some of Monday's midday movers:
Norwegian Cruise Line shares popped over 30 percent in its trading debut on Friday.
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Check out which companies are making headlines after the bell Thursday:
Cramer makes the call on viewer favorites.
*Lifts full-year profit view by 15 cents to $1.85- $1.95.
*Lifts full-year profit view by 15 cents to $1.85- $1.95. But Royal Caribbean said on Thursday that the effect of that accident ``has continued to wane'' and that bookings in the third quarter were stronger than it had expected, even in Europe, where the Costa Concordia accident made headlines for months.
NEW YORK-- Shares of Royal Caribbean Cruises Ltd. hit a 15- month high Thursday after it reported third-quarter earnings that topped Wall Street's expectations. The Miami company earned $367.8 million, or $1.68 per share, compared with $399 million, or $1.82 per share, a year earlier. Royal Caribbean said it saw strong last-minute bookings and the third quarter.
The cruise operator now expects 2012 earnings of $1.85 per share to $1.95 per share, 15 cents higher than its previous forecast range. Royal Caribbean's third-quarter net income fell to $367.8 million, or $1.68 per share, on revenue of $2.26 billion, from $399 million, or $1.82 per share, on revenue of $2.32 billion a year earlier.
Could earnings give Royal Caribbean a boost? CNBC contributor Mike Khouw of CRT Capital Group LLC, says one options trader sees the stock above $32.81 on a November expiration.
*Credit Suisse raises Las Vegas Sands Corp price target to $53 from. *Credit Suisse raises Wynn Resorts price target to $144 from $135. *Credit Suisse raises Pinnacle Entertainment price target to $11 from.
FALMOUTH, Jamaica-- Tourists emerge by the hundreds from a towering, 16- deck megaship docked at the Caribbean's newest cruise port. That's not the way townspeople in the old Jamaican sugar port of Falmouth were told it would be.
ISLAND ISOLATION: Jamaica's port authority and Royal Caribbean Cruises Ltd. pitched the port of Falmouth as a place where passengers would dive into the historic city for "a wraparound experience not unlike Colonial Williamsburg." But their dollars have been kept at a distance.
Check out which companies are making headlines after the bell Wednesday.
Introducing Consumer Nation “Six Pack” — a look at six news items that have consumers buzzing in the world of beer, wine and spirits, as we head into the weekend.
Two titans of corporate America — General Electric and McDonald’s — report earnings Friday, and investors will focus on what they have to say about the global economy as U.S. data looks increasingly weak.