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Florida-based cruise ships are extending their trips after Hurricane Ian forced three ports to close. The cruise ships are spending more time at sea visiting extra destinations. Hurricane Ian made landfall on Wednesday as a Category 4 hurricane before weakening to a Category 1 storm. Unable to disembark passengers on schedule, the cruise ships are spending more time at sea and visiting extra destinations. Walt Disney World and Universal have both closed resort parks in the state for at least 2 days as Hurricane Ian passes through.
Wall Street futures resume fall as economic worries weigh
  + stars: | 2022-09-29 | by ( ) www.reuters.com   time to read: +2 min
Megacap growth names such as Amazon.com Inc , Apple Inc (AAPL.O), Microsoft Corp , Meta Platforms Inc and Tesla Inc (TSLA.O) lost between 0.8% and 1.6% in premarket trading. ET, Dow e-minis were down 225 points, or 0.76%, S&P 500 e-minis were down 31.25 points, or 0.84%, and Nasdaq 100 e-minis were down 117.75 points, or 1.02%. Investors will be watching for weekly jobless claims, which is expected to rise by 2,000 to 215,000 last week. A second estimate of the government last month had shown the economy contracted at 0.6%, a more moderate pace than initially thought. Register now for FREE unlimited access to Reuters.com RegisterReporting by Susan Mathew in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.
Factbox: U.S. companies brace for Hurricane Ian
  + stars: | 2022-09-28 | by ( ) www.reuters.com   time to read: +5 min
Sept 28 (Reuters) - Hurricane Ian is set to make landfall in Florida on Wednesday, pushing residents to empty grocery shelves, board up windows and rush to evacuation shelters. Since then, it has been working to redeploy offshore personnel after determining Hurricane Ian no longer posed a significant threat to its assets. NextEra Energy Inc's (NEE.N) Florida Power & Light Co, the largest utility in the state, deployed nearly 16,000 workers from 27 states to restore power. A spokesperson said the company was monitoring the hurricane and making adjustments to operations to keep warehouse staff and drivers safe. CRUISE OPERATORSWalt Disney Co's Disney Cruise Line on Tuesday canceled its Disney Wish ship that was to set sail from Florida on Friday.
Sept 28 (Reuters) - Hurricane Ian makes landfall in Florida with Category 4 fury on Wednesday, pushing residents to empty grocery shelves, board up windows and rush to evacuation shelters. Since then, it has been working to redeploy offshore personnel after determining Hurricane Ian no longer posed a significant threat to its assets. A spokesperson said the company was monitoring the hurricane and making adjustments to operations to keep warehouse staff and drivers safe. Costco Wholesale Corp closed nine stores located in Florida due to an impact of Hurricane Ian. CRUISE OPERATORSWalt Disney Co's Disney Cruise Line on Tuesday canceled its Disney Wish ship that was to set sail from Florida on Friday.
Check out the companies making the biggest moves midday:Hertz — Shares of the rental rental company jumped 1.9% after the company announced a partnership with BP's electric vehicle charging unit that will put thousands of charging stations at Hertz locations. Many of the stations will be used to charge Hertz's growing fleet of electric vehicles, but some will be available for public use. Keurig Dr Pepper — The beverage company shed about 3% after being downgraded by Goldman Sachs to a neutral rating from a buy. Lucid — The electric vehicle stock climbed 1.4% on Tuesday after Cantor Fitzgerald initiated coverage of Lucid with an overweight rating. Ark Invest's Cathie Wood also told CNBC Tuesday she is sticking by her bullish call on Tesla, saying "our confidence couldn't be higher as we see the movement towards electric vehicles accelerates."
The S & P 500 never really got out of control back then — and, relative to bonds, it didn't either. The Fed chairman, correctly, feared the economy was going to crash, and he would have been right. I think that's certainly how people act. I think that most participants have decided there's no hope and they are using an analogue that's 2000-2001 (dot-com bubble bursting) or even 2007 (before the financial crisis and the Great Recession). Autos have been hurt by supply chain but I think that's coming to an end.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCruise companies have much stronger pace of bookings than June and July, says Truist's ScholesPatrick Scholes, Truist lodging and leisure analyst, joins 'Power Lunch' to discuss why Truist decided to upgrade Norwegian Cruise Line, why all the cruise line companies are trading lower in Tuesday's action and the bifurcation between Wall Street and Main Street's view of a recession.
Take a look at some of the biggest movers in the premarket:Ford (F) – The automaker's stock fell 4.5% in the premarket after it warned that quarterly earnings would take a hit of about $1 billion from increased supplier costs and parts shortages. BioNTech fell 2.4% in premarket trading, with Moderna off by 2.1%. Cognex (CGNX) – Cognex shares jumped 4.7% in the premarket after the maker of machine vision systems and sensors raised its current-quarter revenue outlook. Western Digital (WDC) – The disk drive maker's shares fell 1.7% in the premarket following a downgrade by Deutsche Bank to "hold" from "buy." Deutsche Bank said the company's profit and revenue appear to be coming in at the low end of guidance due to deteriorating demand.
What I am looking at Tuesday, Sept. 20, 2022 U.S. stock futures were up Tuesday until the 2-year Treasury yield kept up its relentless run to 4%. BofA takes timber company Weyerhaeuser (WY) to neutral (hold) from buy. Etsy (ETSY) started with a neutral (hold) at BofA. Truist takes Norwegian Cruise Line (NCLH) to buy from hold; cuts Carnival (CCL) price-target to $10 per share from $8. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Stocks were hurling toward a big losing week on Friday as investors weighed a warning from FedEx as well as a hot inflation reading. The S & P 500 is 5.3% lower this week, on pace for its fourth losing week in five. APA Corp . was the top S & P 500 stock this week after advancing 6.1% as of 9:40 a.m, ET. On Monday, the energy stock was upgraded to buy from neutral by Citi, which said APA is an "under-appreciated growth story." However, there isn't a consensus in favor of buying the stock, with only 45% of analysts rating it a buy.
Analyst Matthew Harrison's price target of $851 implies 20% upside from Thursday's close. Regeneron is already trading above its average analyst price target, according to FactSet. Still, SolarEdge has 17.5% upside, according to the average price target. Lastly, Norwegian Cruise Line Holdings rallied 11% so far this week and it has another 17.5% upside to the average analyst price target, according to FactSet. On Monday, Stifel analyst Steven Wieczynski reiterated his $26 price target , which suggests 82% upside from Thursday's close.
Американский круизный оператор Norwegian Cruise Line Holdings Ltd. сообщил, что направил письмо в Центр по контролю и профилактике заболеваний США (Centers for Diseas Control and Prevention, CDC) с планом по возобновлению морских круизов из портов США с 4 июля. Компания собирается обслуживать только пассажиров, привившихся от коронавируса, а также проведет обязательную вакцинацию экипажей. В Norwegian рассчитывают, что требование обязательной вакцинации устранит необходимость в выполнении комплекса обязательных условий, утвержденных CDC для выхода в море, в том числе тестовые круизы для получения сертификата с разрешением проводить круизы в условиях пандемии. Как и другие крупные круизные компании, Norwegian, которая приостановила круизные операции до конца июня, не выполняла рейсов на территории США с начала вспышки коронавируса в прошлом году. Norwegian Cruise Line базируется в Майами и управляет тремя брендами - Norwegian Cruise Line, Oceania Cruises и Regent Seven Seas Cruises.
Organizations: Cruise Line Holdings Ltd, Diseas Control, Prevention, CDC, Carnival Corp, Royal Caribbean Group, Cruise, Cruise Line, Oceania Cruises Regent Seven Seas Cruises, Центр по контролю и профилактике заболеваний Locations: Norwegian, США, Майами
Martha's Vineyard, Nantucket and Block Island are classic New England islands. Martha's Vineyard is beloved for its frilly, gingerbread-style Victorian cottages in Oak Bluffs as well as the dramatic headlands of Aquinnah. The itinerary includes stops at New Bedford, Nantucket, Martha's Vineyard and Block Island in Massachusetts; and Newport and Bristol in Rhode Island. Starting late August of this year, Norwegian Cruise Lines' 2,394-passenger Norwegian Gem will run a seven-night New England cruise out of Boston, which includes stops at Martha's Vineyard and Newport. kickstandIn 2021, Victory Cruise Lines' 202-passenger Victory I will begin seven-night cruises from St. John (Canada) to Boston, making stops at Martha's Vineyard and Nantucket.
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