Posts for Ticker ‘RCL’

Top 10 Analyst Upgrades, Downgrades, Initiations (BIIB, INCY, MOT, CMCSA, JWN, ODP, PALM, RIMM, RCL, YUM)

These are this Monday’s top ten analyst upgrades, downgrades, and initiations seen from Wall Street research firms:

Biogen Idec (NASDAQ: BIIB) Raised to Buy at Jefferies.
Incyte Corporation (NASDAQ: INCY) Started as Outperform at Leerink Swann.
Motorola (NYSE: MOT) Raised to Buy at Citigroup.
Comcast (NASDAQ: CMCSA) Cut to Hold at Kaufman Bros.
Nordstrom Inc. (NYSE: JWN) Raised to Buy at Deutsche Bank.
Office Depot (NYSE: ODP) Cut to Underperform at Credit Suisse.
Research-in-Motion (NASDAQ: RIMM) Cut to Sell at Citigroup.
Royal Caribbean (NYSE: RCL) Raised to Outperform at Wells Fargo.
YUM! Brands (NYSE: YUM) Raised to Outperform at RBC Capital.

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG

Posted on: November 2, 2009 – 9:25 am in Analyst Calls, , , , , , , , , ,

Top Analyst Upgrades (AMD, AXP, ACI, ASH, STD, BRCD, COF, DFS, HIBB, MSCC, RCL, ZMH)

There were quite a few analyst upgrades and positive research calls this Monday morning.  These are the calls we have seen from Wall Street firms early this morning with about two hours until the market opens:

Advanced Micro Devices (AMD) Raised to Buy at Citigroup.
American Express (AXP) Raised to Overweight at Barclays.
Arch Coal (ACI) Raised to Overweight at JPMorgan.
Ashland (ASH) Raised to Buy at KeyBanc.
Banco Santander (STD) Raised to Overweight at JPMorgan.
Brocade (BRCD) Raised to Buy at Argus.
Capital One (COF) Raised to Overweight at Barclays.
Discover Financial (DFS) Raised to Overweight at Barclays.
Hibbett Sports (HIBB) Raised to Overweight at JPMorgan.
Microsemi (MSCC) Raised to Overweight at Thomas Weisel.
Royal Caribbean (RCL) Raised to Buy at Argus.
Zimmer Holdings (ZMH) Raised to Overweight at Thomas Weisel.

If you wish to be reminded of daily upgrades and downgrades as well as other key market issues like mergers and top stories, you can join our open email distribution list to receive updates several times per week.

JON C. OGG

Posted on: August 24, 2009 – 7:58 am in Analyst Calls, , , , , , , , , , , ,

Top 10 Analyst Upgrades and Downgrades (ADSK, BA, BEAV, EXC, OXPS, RCL, UNH, TROW, WU, AUY)

These are this Monday morning’s top ten Wall Street analyst upgrades, downgrades, and initiations we have seen with close to 2 hours until the market opens:
Autodesk (ADSK) Cut to Hold at Deutsche Bank.
Boeing (BA) Cut to Equal Weight at Barclays.
BE Aerospace (BEAV) Raised to Outperform at FBR.
Exelon (EXC) Cut to Hold at KeyBanc.
OptionsXpress (OXPS) Raised to Neutral from Sell at Merriman Curhan Ford.
Royal Caribbean (RCL) Raised to Buy at S&P.
UnitedHealth (UNH) Raised to Outperform at Credit Suisse.
T. Rowe Price (TROW) Raised to Market Perform at FBR.
Western Union (WU) Started as Buy at Citigroup.
Yamana Gold (AUY) Cut to Sector Perform at CIBC.

Jon C. Ogg
July 27, 2009

Posted on: July 27, 2009 – 6:45 am in Analyst Calls, , , , , , , , , ,

Finnish Trade Backs Royal Caribbean Cruiseliner Loan (RCL)

cruise-ship-imageIf you think it is hard to get a personal unsecured loan right now, imagine the difficulty in getting a loan for a giant cruise liner in the midst of a recession.  This morning we saw an announcement from Royal Caribbean Cruises Ltd. (NYSE: RCL) that the cruise operator had arranged unsecured financing for $1.05 billion or 80% of the contract price of the company’s OASIS OF THE SEAS ship.

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Posted on: April 15, 2009 – 8:50 am in Entertainment, Transports,

Top Analyst Upgrades (CCL, IAG, LAMR, LZ, OVTI, RCL, SIGM)

money-stack-image10These are some of the top pre-market analyst upgrades and positive calls from Wall Street we are seeing this Thursday morning with about two hours until the market opens:

  • Carnival (CCL) Raised to Outperform at William Blair.
  • Iamgold (IAG) Raised to Buy at BofA-Merrill.
  • Lamar Advertising (LAMR) Raised to Perform at Oppenheimer.
  • Lubrizol (LZ) Raised to Buy at Citigroup.
  • OmniVision Technologies (OVTI) Raised to Neutral at Baird.
  • Royal Caribbean (RCL) Raised to Outperform at William Blair.
  • Sigma Designs (SIGM) Raised to Buy at Collins Stewart.

JON C. OGG

Posted on: March 5, 2009 – 7:43 am in Analyst Calls, , , , , , ,

Top 10 Pre-Market Analyst Calls (ASMI, BWA, CCL, RCL, EMC, SSP, MWA, NSM, NST, SCG, WBMD)

These are ten of the analyst calls we are focusing on early this Wednesday morning in pre-market trading:

  • ASM Intl NV (NASDAQ: ASMI) raised to Buy at Jefferies.
  • BorgWarner (NYSE: BWA) Raised to Overweight from Equalweight at Lehman.
  • Carnival (NYSE: CCL) and Royal Caribbean (RCL) were both Downgraded to Hold from Buy at ABN AMRO.
  • EMC Corp (NYSE: EMC) cut to Neutral at Bernstein.
  • EW Scripps (NYSE: SSP) raised to Outperform at Bear Stearns.
  • Mueller Water Products (NYSE: MWA) Raised to Outperform from Neutral at Baird.
  • National Semi (NYSE: NSM) raised to Buy at Deutsche Bank.
  • NStar (NYSE: NST) Cut to Sell from Neutral at Goldman Sachs.
  • Scana Corp. (NYSE: SCG) Cut to Sell from Neutral at Goldman Sachs.
  • WebMD Health (NASDAQ: WBMD) Cut to Sell from Neutral at Goldman Sachs.

Jon C. Ogg
June 18, 2008

Posted on: June 18, 2008 – 6:37 am in Analyst Calls, , , , , , , , , , ,

The 52-Week Low Club (PPC)(PBG)(RCL)(GHS)(ACAD)

Pilgrim’s Pride (PPC) Downgraded by Credit Suisse. Down to $15.67 from 52-week high of $41.

Pepsi Bottling Group (PBG) Still troubled by problems at one of Coke’s bottlers. Down to $29.22 from 52-week high of $43.38.

Royal Caribbean Cruises (RCL) Getting killed like the rest of the travel industry. Down to $25.40 from 52-week high of $43.96.

Gatehouse (GHS) Analyst encouraging company to drop dividend to save money. Down to $2.79 from 52-week high of $19.60.

Acadia Pharmaceuticals (ACAD) Major drug trial failure. Sharp sell-off to $4.30 from 52-week high of $17.33.

Douglas A. McIntyre

Posted on: June 16, 2008 – 3:00 pm in HI/LOW, , , , ,

Top 10 Pre-Market Analyst Calls (AAPL, MT, BLK, BRCM, CCL, RCL, DELL, LLTC, NSM, PSUN, JAVA)

These are ten of the analyst calls we are keying in on this Friday morning:

  • Apple (NASDAQ: AAPL) added to CONVICTION BUY LIST at Goldman Sachs; stock up 2% pre-market.
  • ArcelorMittal (NYSE: MT) raised to Buy at Goldman Sachs.
  • BlackRock (NYSE: BLK) Raised to Outperform from Market Perform at Wachovia.
  • Broadcom (NASDAQ: BRCM) started as Neutral at Robert W. Baird.
  • Carnival (NYSE: CCL) and Royal Caribbean (NYSE: RCL) downgraded at Morgan Stanley.
  • Dell (NASDAQ: DELL) Raised to Overweight at Morgan Stanley; stock up 2% pre-market.
  • Linear Tech (NASDAQ: LLTC) cut to Hold at Deutsche Bank.
  • National Semi (NYSE: NSM) raised to Buy at Deutsche Bank.
  • Pacific Sunwear (NASDAQ: PSUN) cut to Neutral at Piper Jaffray.
  • Sun Microsystems (NASDAQ: JAVA) Cut to Underweight at Morgan Stanley; stock indicated down 1% pre-market.

Jon C. Ogg
May 23, 2008

Posted on: May 23, 2008 – 6:51 am in Analyst Calls, , , , , , , , , , ,

The 52-Week Low Club (AIG, GAIA, HANS, LORL, PLA, RCL, SCUR)

Today was a larger day on the wall of shame in the 52-week low club.  There were some new names and some old familiar names.

American International Group (NYSE: AIG) was down almost 2% at $38.20 late in the day.  Some funding deals in the billions just aren’t that well received.  This had managed to get just back above the low part of the range of $38.15 to $72.96.

Gaiam Inc. (NASDAQ: GAIA) was down 4% at $14.59 late in the day, which was slightly above the prior 52-week low; range of $14.49 to $30.73.  Not all green lifestyle media stocks are created equally; better get the spin-off soon.

Hansen Natural (NASDAQ: HANS) was down almost another 2% late in the day at $28.00, prior low was $28.20 and high was $68.40.

Loral Space (NASDAQ: LORL) was down over 9% at $19.90 late in the day, prior range was $20.04 to $51.56.  This isn’t regularly on the wall of shame, but the company posted a wider loss Monday.

Playboy (NYSE: PLA) better get the Heff’s doing something.  This one keeps getting worse and shares were at $5.58 late in the day; under the $5.84 to $12.00 range.  How much is that L.A. mansion worth?

Royal Caribbean (NYSE: RCL) was down 6% at $29.31 late in the day; prior range was $30.04 to $45.17.  So much for borrowing against the house to take a cruise.  At least the people can choose who they have dinner with now.

Secure Computing (NASDAQ: SCUR) was down 4% at $4.94 late in the day, not so secure it sounds like.  Prior range $5.05 to $10.54.

Jon C. Ogg
May 20, 2008

Posted on: May 20, 2008 – 2:41 pm in HI/LOW, , , , , , ,

Carnival Earnings, Bracing For Travel & Leisure Guidance (CCL, RCL)

Thursday we’ll see earnings out of Carnival Corp. (NYSE: CCL). The estimates from First Call are $0.29 EPS on $3.15 billion in revenues.  Next quarter estimates are $0.50 EPS on $3.32 billion in revenues. Estimates for fiscal Nov-2008 are $3.12 EPS on $14.69 billion in revenues.

Analysts have an average price target north of $52.00, more than $14.00 higher than Wednesday’s $37.60 close.  Carnival’s 52-week trading range is $36.10 to $52.10. 

Estimates have come down on this one over the last 90 days, and considering that it’s a cruise ship owner and operator and the consumer pocketbook is getting thinner and thinner and thinner.  The short interest has also risen on this one to 14.79 million shares, which is almost 4-days to cover.  The cruise ship operator stock is also real close to 4-year lows.   So if this has any "not so bad numbers" and signals that the rivets aren’t popping off the earnings, then we’d be expecting a large move up on short covering mixed with bargain hunters.

We’d note that its performance in recent periods has been similar to that of Royal Caribbean (NYSE: RCL), its closest competitor.  We recently noted also that Goldman Sachs had raised their rating on Royal Caribbean to its Conviction Buy List.

Jon C. Ogg
March 19, 2008

Posted on: March 19, 2008 – 5:27 pm in Earnings, Entertainment, Luxury, ,

Goldman Sachs Changes On Conviction Buy List (RCL, ETN)

Goldman Sachs has made some changes to its prized CONVICTION BUY LIST today.  These may seem even a bit counter-cyclical when you look at the companies and the economic trends we are witnessing, but that’s what makes a ball game.

Royal Caribbean Cruises Ltd. (NYSE: RCL) has been added to the Conviction Buy List because it has easy comps and better valuations than its extended competitors in lodging and gaming.  It also sees less downside risk here versus other sectors after an 18% drop so far in 2008.

Eaton Corp. (NYSE: ETN) was also raised to Conviction Buy with an 8% upside to targets.  It was down 7% from the start of February and the firm believes Eaton is more defensive than others in the group with economic weakness and credit market turmoil.   On a longer-term basis, it sees 47% upside to a $121 with historical averages.

Jon C. Ogg
March 4, 2008

Posted on: March 4, 2008 – 8:46 am in Analyst Calls, ,

Top 10 Pre-Market Analyst Calls (ANDE, ADSK, CCL, RCL, KO, PEP, HAS, MAT, OVTI, ORCL, TGT)

There are many other impacting analyst calls today, but these are the top calls that 24/7 Wall St. is focusing on:

  • The Andersons (ANDE) raised to Buy at Banc of America.
  • Autodesk (ADSK) raised to Buy at Jefferies.
  • Carnival Cruises (CCL) and Royal Caribbean (RCL) both started as Outperform at Wachovia.
  • Coca-Cola (KO) and Pepsico (PEP) both started as Outperform at Credit Suisse.
  • Hasbro (HAS) and Mattel (MAT) both started as Outperform at Wachovia.
  • OmniVision (OVTI) and Oracle (ORCL) both raised to Outperform at CIBC.
  • Target (TGT) cut to Neutral from Buy at Merrill Lynch.

Jon C. Ogg
November 14, 2007

Jon Ogg produces the 24/7 Wall St. Special Situation Investing Newsletter; he does not own securities in the companies he covers.

Posted on: November 14, 2007 – 7:56 am in Analyst Calls, , , , , , , , , , ,

Pre-Market Earnings Gappers (July 26, 2007)

(AAPL) Apple traded down initially, but shares are up 7% pre-market after earnings and maintaining 2008 iPhone sales.
(AKAM) Akamai Tech $0.30 EPS vs $0.30 estimate; shares down over 10% pre-market on guidance being in-line and after broker downgrades.
(AN) Auto Nation $0.38 EPS vs $0.42 estimate.
(APA) Apache $1.89 EPS before items vs $1.90.
(ARTG) Art Tech $0.00 EPS vs $0.01 estimate.
(BC) Brunswick $0.65 EPS vs $0.64 estimate.
(BDK) Black & Decker $1.75 EPS versus $1.73 estimate.
(BIDU) Baidu.com posted over 100% growth in earnings and revenues; $0.54 EPS equivalent versus $0.43 estimate; trading up 17% pre-market.
(BZH) Beazer Homes -$0.06 EPS versus -$0.46 estimate, although estimates are all over the place.
(CMCSA) Comcast $0.19 EPS & $7.71 Billion revenues versus $0.19/$7.71B estimates; shares trading down 3% pre-market.
(CMI) Cummins $2.13 EPS versus $1.58 estimate.
(CNX) Consolidated Energy $0.83 EPS vs $0.60 estimate; unsure if comparable.
(COL) Rockwell Collins $0.86 EPS vs $0.83 estimate.
(F) Ford $0.13 EPS versus -$0.36 estimate; unsure if comparable; shares trading up 2% pre-market.
(GT) Goodyear Tire $0.35 EPS vs $0.37 estimate.
(ICE) IntercontinentalExchange $0.85 EPS versus $0.76 estimate.
(IKN) IKON Office $0.23 EPS vs. $0.23 estimate; sees next quarter $0.22 EPS vs $0.23 estimate.
(KEI) Keithly -$0.03 EPS vs -$0.01 estimate.
(KLIC) Kulicke & Soffa $0.08 EPS versus $0.08 estimate; shares down 1% pre-market.
(LLL) L-3 Communications $1.49 EPS versus $1.43 estimates.
(MMM) 3M $1.25 EPS vs $1.18 estimate.
(ODFL) Old Dominion Freight Line $0.57 EPS versus $0.55 estimate.
(PCCC) PC Connection $0.21 EPS versus $0.19 estimate.
(PMTI) Palomar Meed $0.43 EPS vs $0.29 estimates.
(QCOM) Qualcomm $0.55 EPS vs $0.51 estimate; fiscal guidance raised to $1.95 to $1.97 versus prior $1.84 to $1.88 range; shares up 1.5% pre-market.
(QLTI) QLT Inc. $0.08 EPS vs $0.07 estimate.
(RAIL) Freightcar America $0.93 EPS vs $0.92 estimate.
(RCL) Royal Caribbean $0.60 EPS vs $0.60 estimate.
(RTN) Raytheon $0.79 EPS versus $0.68 estimate; unsure if comparable.
(TEN) Tenneco $0.87 EPS vs $0.77 estimate.
(UST) UST Inc. $0.90 EPS vs $0.85 estimate.
(UTEK) Ultratech $0.04 EPS vs -$0.04 estimate.
(WEN) Wendy’s $0.33 EPS vs $0.33 estimate.
(XOM) Exxon Mobil $1.83 EPS vs $1.96 estimate; trading down 2% pre-market.
(XMSR) XM Satellite Radio -$0.45 EPS and $277M revenues versus estimates of -$0.44/$274.75M; added about 338,000 net subscribers; shares down 1.75%.

Jon C. Ogg
July 26, 2007

Posted on: July 26, 2007 – 7:58 am in Earnings, Pre-Market Activity, , , , , , , , , , , , , , , , , , , , , , ,

Pre-Market Analyst Calls (July 13, 2007)

AOB started as Outperform at CIBC.
AUY started asOutperform at Credit Suisse.
BGFV cut to Sector Perform at CIBC.
BJ raised to Equal Weight at Lehman.
BLK started as Outperform at Wachovia.
CCL raised to Overweight at JPMorgan.
CHE cut to Hold at Deutsche Bank.
CIT cut to Sector PErform at CIBC.
CREE started as Hold at Deutsche Bank.
DWA started as Buy at Stifel Nicolaus.
EMC cut to Mkt Perform at Morgan Keegan.
FRO cut to Reduce at UBS.
HAL raised to Outperform at Credit Suisse.
HDB started as Buy at Jefferies.
IBN started as Buy at Jefferies.
NATI raised to Overweight at Thomas Weisel.
NDN raised to Buy at Deutsche Bank.
PPDI cut to Hold at Jefferies.
RCL raised to Overweight at JPMorgan.
RNOW started as Hold at Cantor Fitzgerald.
RSH cut to Sell at B of A.
SEB raised to Buy at Jefferies.
SWK started as Neutral at B of A.
SWY raised to Equal Weight at Lehman.
VRSN raised to Buy at Jefferies.
VSCN cut to Mkt Perform at FBR.
WON cut to Sell at Citigroup.
ZBRA raised to Overweight at Thomas Weisel.

Jon C. Ogg
July 13, 2007

Posted on: July 13, 2007 – 6:43 am in Analyst Calls, , , , , , , , , , , , , , , , , , , , , , , ,

$70 Oil: Who Gets Hurt

With oil hanging around $70, and gas likely to move above $3 for all of the summer, it bears looking at who gets hurt:

Airlines: It looked like they might get something of a recovery. Now, firms fresh out of bankruptcy like Delta (DAL) face risiing fuel costs and a competitive market for fares.

Cars, pick-ups, and SUVs. Detroit’s recovery is based, at least in part, on fuel prices being at a reasonable level. More profitable pick-ups and SUVs don’t sell well when gas prices are high. Look to Ford (F) to be set-back more than most with its F-series and Explorer losing more ground.

Retail. Wal-Mart (WMT), Target (TGT), and Home Depot (HD) keep mentioning that high gas prices hurt trips to the store. This summer, that will get worse.

Food retail. Starbucks (SBUX) and McDonald’s (MCD) pay to get their supplies delivered, mostly by truck. Those costs will rise. And, driving out to get a latte is going to be more expensive.

Overnight delivery companies. Fedex (FDX) and UPS (UPS) operate a lot of trucks and planes.

Cruise buiness. Carnival (CCL) and Royal Caribbean (RCL) can’t run those big engines on water.

Newspapers. Gannett (GCI) and McClatchy (MNI) spend a lot on truck papers to homes and newsstands.

Douglas A. McIntyre can be reached at douglasamcintyre@247wallst.com.

Posted on: June 29, 2007 – 5:48 am in Uncategorized, , , , , , , , , , , , ,