Royal Caribbean Cruises Ltd  (RCL) Trade Now »     Rate RCL  -  Discuss RCL  -  Add to Watch List        

Filed under: Carnival Corp (CCL), Options

Royal Caribbean Cruises Ltd. (NYSE: RCL) recently down $1.03 to $20.31:

RCL is expected to report Q2 EPS in late July. RCL call option volume of 2,789 contracts compared to put volume of 8,808 contracts. RCL July option implied volatility was at 67, August at 74; above its 26-week average of 47 according to Track Data, suggesting larger price movement.

Carnival Corporation (NYSE: CCL) recently down $1.57 to $30.83:

Filed under: Earnings reports, Carnival Corp (CCL)

Carnival Corp. (NYSE: CCL), a provider of cruise vacations and competitor of Royal Caribbean (NYSE: RCL), issued its Q2 earnings numbers on Thursday. Revenues rose more than 16% to $3.4 billion. Net earnings were 49 cents a share. That wasn't too impressive, considering that it was a penny better than the previous year's quarter. However, according to Briefing.com, Carnival killed the earnings expectations of analysts by 8 cents. Net sales were also higher than what Wall Street's expectations.

Filed under: Before the bell, Contl Airlines'B' (CAL), MBIA Inc (MBI)

Ambac (NYSE:ABK) is down 4% after being downgraded.

MBIA (NYSE:MBI) is off over 5% after a downgrade.

Royal Caribbean (NYSE:RCL) is off 5% after a brokerage downgrade.

Continental (NYSE:CAL) is off 4% on news that it is unlikely to merger with another airline.

Stocks may trade differently in the pre-market than they do in the regular session.

Douglas A. McIntyre is an editor at 247wallst.com.

Filed under: Before the bell, Analyst upgrades and downgrades, Boeing Co (BA), Federal Natl Mtge (FNM), SanDisk Corp (SNDK)

Lehman cut earnings estimates for Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE). according to MartketWatch.

Citi Investment Research lowered its price target on Royal Caribbean Cruises (NYSE:RCL) from $37 to $30, according to the AP.

Citigroup downgraded Sandisk (NASDAQ:SNDK) to "hold: from "buy" according to Briefing.com. The news service also reports that Bank of America resumed coverage of Boeing (NYSE:BA) with a "neutral" rating.

Fuel costs out-of-control, strapped U.S. consumers, so time to take an all expense paid cruise?  Que Whitney - Ah, Hell to the No. ABN downgraded Carnival Corp. (NYSE: CCL) and Royal Caribbean Cruises (NYSE: RCL) for good reasons.

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