Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Carnival Corporation & Plc (NYSE: CCL, CUK) between January 28, 2020 and May 1, 2020, inclusive (the "Class Period"). The lawsuit seeks to recover damages for Carnival investors under the federal securities laws.

Pomerantz LLP announces that a class action lawsuit has been filed against Carnival Corporation (“Carnival” or the “Company”) (CCL) and certain of its officers. The class action, filed in United States District Court for the Southern District of Florida, and docketed under 20-cv-22202, is on behalf of a class consisting of investors who purchased or otherwise, acquired Carnival common stock and securities between January 28, 2020, and May 1, 2020, inclusive (the “Class Period”), seeking to pursue remedies against Carnival and certain of its officers under the Securities Exchange Act of 1934 (the “Exchange Act”).

U.S. stocks were mostly higher at the open Wednesday, looking for a second straight session of gains, on growing optimism that governments around the world will be able to loosen lockdown measures in place to combat the coronavirus pandemic. The Dow Jones Industrial Average opened about 351 points, 1.4%, higher, near 25,347, while the S&P 500 jumped about 28 points or .9% to open near 3,019. The Nasdaq Composite Index was about 13 points or 0.1% higher, opening near 9,353. Travel operators like Carnival Cruise Lines and Delta Airlines Inc. roared higher, but tech heavyweights like Amazon.com Inc. sold off as investors looked to beaten-down stocks for better values.

A holiday weekend, a new week, and a new coronavirus vaccine candidate -- these three factors helped spark a new stock rally Tuesday, and cruise line stocks Carnival Corporation (NYSE: CCL), Royal Caribbean (NYSE: RCL), and Norwegian Cruise Line (NYSE: NCLH) are key beneficiaries of the optimism today. In 1 p.m. EDT trading, shares of Norwegian Cruise Line Holdings stock are up a whopping 15.0%, with Carnival (up 12.7%) and Royal Caribbean (up 13.8%) shares not far behind.

Carnival Corp. said Friday that it's Germany-based AIDA Cruises was extending its pause of operations through July 31, as regulations regarding restarting international tourism in many of AIDA's destinations, amid the COVID-19 pandemic, have not yet been fully clarified. The company said it will reimburse all guests who have had their cruises cancelled, and will offer a 10% bonus on top of what has been paid for those receiving a travel credit. The bonus can be used for booking until the end of 2021. Carnival's stock soared 11.7% in premarket trading, after jumping 12.6% on Tuesday, amid growing optimism about easing of COVID-19-related lockdowns. The stock was still down 48.9% over the past three months through Tuesday, while the S&P 500 has gained 0.4%.

Barrack, Rodos & Bacine has commenced a securities class action titled Service Lamp Corporation Profit Sharing Plan v. Carnival Corporation, et al., No. 1:20-cv-22202 in the United States District Court for the Southern District of Florida. The action alleges that Carnival, Arnold W. Donald, Carnival's president and chief executive officer, and the Company's chief financial officer, David Bernstein, made a series of false and misleading statements and concealed material information relating to the Company’s adherence to its health and safety protocols in the wake of the COVID-19 pandemic, Carnival’s role in facilitating the transmission of the virus, and the Company’s violations of port-of-call regulations.

Tuesday morning brought renewed enthusiasm to Wall Street, as investors grow increasingly optimistic that economic reopenings taking place across the U.S. will have a positive result without causing a new uptick in COVID-19 cases. Market participants focused on the possibility that a coronavirus vaccine could be out sooner than expected. The S&P 500 (SNPINDEX: ^GSPC) rose 58 points to 3,014, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 122 points to 9,447.

U.S. stocks jumped on Tuesday, propelling the S&P 500 past the key psychological level of 3,000 points as optimism about developing coronavirus vaccines and the revival of business activity helped investors overlook simmering China-U.S. tensions. The benchmark S&P 500 crossed 3,000 for the first time since March 5, but came off session highs after White House adviser Larry Kudlow said President Donald Trump was "so miffed with China on virus and other matters that the trade deal is not as important to him as it once was."

U.S. stocks jumped and the S&P 500 breached 3,000 points on Tuesday as optimism about a potential coronavirus vaccine and a revival in business activity helped investors overlook simmering Sino-U.S. tensions. The S&P 500 has risen about 37% from its March lows on a raft of central bank and government stimulus, and is now just about 11% below its February record high. At 10:01 a.m. ET, the Dow Jones Industrial Average was up 575.66 points, or 2.35%, at 25,040.82, the S&P 500 was up 54.53 points, or 1.85%, at 3,009.98, and the Nasdaq Composite was up 126.77 points, or 1.36%, at 9,451.36.

U.S. stocks closed higher on Tuesday on optimism about the development of coronavirus vaccines and a revival of business activity, but the S&P 500 failed to hold above the key psychological level of 3,000 points. Stocks pared gains late in the session, after Bloomberg News reported the Trump administration was weighing a range of sanctions on Chinese officials, businesses and financial institutions, reinforcing comments earlier in the day from White House adviser Larry Kudlow.

AIDA Cruises appreciates the current international efforts to normalize tourism and naturally work intensively on detailed plans regarding the speedy restart of AIDA cruises. In doing so, AIDA considers the imminent re-openings of the European tourist traffic. The protection of guests and crewmembers' health are thereby AIDA's top priority at any time. For this purpose, AIDA is in close coordination with the different national and international authorities and health organizations.

U.S. stocks jumped and the S&P 500 crossed 3,000 points on Tuesday as optimism about a potential coronavirus vaccine and a revival in business activity helped investors overlook simmering Sino-U.S. tensions. The benchmark index traded above the key psychological level for the first time since March 5, but came off session highs as White House adviser Larry Kudlow said President Donald Trump was "so miffed with China on virus and other matters that the trade deal is not as important to him as it once was".

U.S. stocks jumped and the S&P 500 breached 3,000 points on Tuesday as optimism about a potential coronavirus vaccine and a revival in business activity helped investors overlook simmering Sino-U.S. tensions. The benchmark index traded above the key psychological level for the first time since March 5, but came off session highs as White House adviser Larry Kudlow said President Donald Trump was "so miffed with China on virus and other matters that the trade deal is not as important to him as it once was". The S&P 500 has risen about 37% from its March lows on a raft of central bank and government stimulus and is now just about 11% below its February record high.

S&P; 500 reaches 3,000 level, AutoZone reports earnings Continue reading...

In the first few minutes of trading Wednesday, shares of Norwegian Cruise Line Holdings (NYSE: NCLH), Carnival Corporation (NYSE: CCL), and Royal Caribbean (NYSE: RCL) rushed forward in near lockstep, rising 11.3%, 11.5%, and 11.6% -- but the rally didn't last the hour. Seems investors can't make up their minds what's going on with the cruise industry today. Clearly cruise stocks are moving as a group, and not based on how investors weigh their individual merits -- which isn't surprising.

In the last few weeks, bio-tech companies of all sizes have made impressive strides toward a vaccine. Many dozens of approaches are being taken, most will fail. With a future potential coronavirus inoculation carrying such an overwhelmingly positive public utility, which company will win? Choosing from the companies racing to the finish line is quite difficult, and also risky.

Wall Street was set to surge at the open, with the S&P 500 poised to breach a major technical barrier on Tuesday as business restarts and optimism about a potential coronavirus vaccine helped investors overlook Sino-U.S. tensions. U.S. biotech group Novavax Inc jumped nearly 16% in premarket trading as it joined the race to test coronavirus vaccine candidates on humans and enrolled its first participants.

These are the consumer discretionary stocks with the best value, fastest growth, and most momentum for June 2020.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Carnival Corporation & Plc.

LOS ANGELES, CA / ACCESSWIRE / May 26, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Carnival Corporation & Plc ("Carnival" or "the Company") (NYSE:CCL) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.