CUK News

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.

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 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.

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.

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.

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."

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

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%.

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.

Seabourn, the world's finest ultra-luxury travel experience, has enhanced its "Book with Confidence" policy, which provides travelers with even more flexibility, assurance and options to cancel their booking up to 30 days prior to departure on any new bookings and receive a future cruise credit. The enhanced policy, which now applies to 2021 departures, also includes a new "Best Fare Guarantee" benefit, ensuring guests can have peace of mind that they can always request the lowest publicly available fare offered for their voyage in the event fares are lowered following booking.

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.

NEW YORK, NY / ACCESSWIRE / May 25, 2020 / Pomerantz LLP is investigating claims on behalf of investors of Carnival Corporation & Plc ("Carnival" or the "Company") (CCL)(CUK). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, Ext. 7980. The investigation concerns whether Carnival and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

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.

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. stock futures surged on Tuesday as business restarts and optimism about a potential coronavirus vaccine helped investors returning from a long weekend to overlook Sino-U.S. tensions. U.S. biotech group Novavax Inc jumped 21% in premarket trading as it joined the race to test coronavirus vaccine candidates on humans and enrolled its first participants.

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.

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.

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".