Royal Caribbean may be cut to junk by S&P on virus travel impact [Business News Network (BNN) Energy & Resources (Canada)]
D/B/A Royal Caribbean Cruises Ltd. (RCL)
Last d/b/a royal caribbean cruises ltd. earnings: 2/4 08:00 am
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Source: Business News Network
Royal Caribbean may be cut to junk by S&P on virus travel impact Royal Caribbean Cruises Ltd. may be cut to junk by S&P Global Ratings as fears intensify that the coronavirus will continue to dramatically reduce travel. S&P placed Royal Caribbean’s BBB- on watch negative as the spreading virus batters the tourism industry, affecting everything from airlines to casinos. As multiple cruise ships have been quarantined globally in an effort to contain the virus, investors have sold bonds or bought protection against default tied to debt of Royal Caribbean, as well as those of rivals Viking Cruises Ltd. and Carnival Corp. The cost to protect Royal Caribbean’s debt against default for five years soared to the highest level since October 2008 on Monday, but retreated a bit Tuesday as the broader market rallied, according to ICE Data Services. The company is still rated investment grade at Moody’s Investors Service, one step higher than S&P’s rating. S&P’s action takes Royal Caribbean one ste
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News
- Royal Caribbean (RCL) Ascends While Market Falls: Some Facts to Note [Yahoo! Finance]Yahoo! Finance
- FBI investigates passenger's death on L.A.-docked Royal Caribbean cruise ship [Los Angeles Times (CA)]Los Angeles Times
- RCL Stock Soars 77% YTD: Smooth Sailing or Choppy Waters Ahead? [Yahoo! Finance Canada]Yahoo! Finance Canada
- Royal Caribbean Cruises (NYSE:RCL) pulls back 6.5% this week, but still delivers shareholders stellar 43% CAGR over 3 years [Yahoo! Finance]Yahoo! Finance
- Royal Caribbean passenger dies soon after being detained for chaotic incident caught on video [FOX News]FOX News
RCL
Earnings
- 7/25/24 - Beat
RCL
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- 11/20/24 - Form 144
- RCL's page on the SEC website