MsWitty1 Posted February 11, 2008 #1 Share Posted February 11, 2008 I called RCL today to add flights to my reservation. Their first option on the phone was if you were a customer calling about the article in the Wall Street Journal today, to press 1. Any ideas what was in the article? Link to comment Share on other sites More sharing options...
Cruise Cat Posted February 11, 2008 #2 Share Posted February 11, 2008 Don't get the WSJ, but it could have been their stock "Downgrade" http://www.thestreet.com/s/stock-upgrades-downgrades-from-thestreetcom-ratings/newsanalysis/ratings/10402549.html?puc=_tscrss Royal Caribbean Cruises (RCL - Cramer's Take - Stockpickr) has been downgraded to hold. The cruise-ship operator demonstrates robust revenue growth, an increase in net income and a reasonable valuation level. However, Royal Caribbean exhibits disappointing return on equity, poor profit margins and lackluster stock performance. Royal Carribean's year-over-year revenue rose by 29.3%, outpacing the industry average. For the fourth quarter of 2007, the company reported net income of $70.8 million, or 33 cents a share, vs. $46.6 million, or 22 cents a share, in 2006. Return on equity lags the industry average, implying minor weakness in the organization. Royal Caribbean's gross profit margin, at 31.20%, is lower than desirable and has decreased year over year. In addition, the company's net profit margin of 4.80% significantly trails that of its peers. Royal Caribbean had been rated buy since Nov. 6. Link to comment Share on other sites More sharing options...
MoreCruisesNow Posted February 11, 2008 #3 Share Posted February 11, 2008 No, it was the NYT article on the American Idol cruises. You can check out the website royalcaribbeanidol.com but there's no real news there yet. This is pretty much what they will tell you if you press 1 Link to comment Share on other sites More sharing options...
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