Reported 4 months ago
Carnival Corporation's (CCL) stock is rising as the company announced the decision to integrate its P&O Cruises Australia brand into its main Carnival Cruise Line brand. Melius Research views this move as a positive catalyst for the stock, with Carnival Corporation shares up 5.5%. Peel Hunt also upgraded the stock, citing an accelerating debt for equity swap that would enhance its attractiveness to investors.
Source: YAHOO