On Friday, Royal Caribbean Cruises Ltd (NYSE:RCL)’s shares inclined 0.77% to $78.77.
Royal Caribbean Cruises Ltd (RCL) ) said it raised its rating on the cruise operator based on the company’s valuation and expectations that Royal Caribbean will benefit from new ship introductions, which should drive growth in the China and Asia Pacific regions.
JPMorgan has upped its price target to $90 from $83 on Royal Caribbean stock.
Shares of Royal Caribbean are up by 1.70% to $77.01 at the start of trading this morning.
Miami, FL.-based Royal Caribbean operates cruises using a variety of brand names counting Celebrity Cruises, Pullmantur, Azamara Club Cruises and CDF Croisieres de France. The company also has a 50% joint venture with TUI Cruises.
Royal Caribbean Cruises, Ltd. operates as a cruise company. The company operates cruisers under the Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisières de France, and TUI Cruises brand names. The Royal Caribbean International brand provides cruise itineraries ranging from 2 to 18 nights with options for onboard dining, entertainment, and other onboard activities to various destinations.
Honeywell International Inc. (NYSE:HON)’s shares gained 0.02% to $103.74.
Honeywell International Inc. (HON) declared that its process technology, catalysts and proprietary equipment will form the basis for the largest refinery in Africa, reducing Nigeria’s dependence on imported fuels and petrochemicals.
Dangote Oil Refining Company selected UOP technology for a world-scale integrated refinery and petrochemical plant to be built in Lekki, near the capital of Lagos in southwestern Nigeria.
Nigeria has the second-largest amount of proven oil reserves in Africa – an estimated 37.2 billion barrels, according to Oil & Gas Journal. However, the country presently imports most of its refined product requirements due to lack of domestic refining capacity.
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment provides aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers and operators, airlines, military services, and defense and space contractors; and spare parts, and repair and maintenance services for the aftermarket.
At the end of Friday’s trade, Steel Dynamics, Inc. (NASDAQ:STLD)‘s shares dipped -0.11% to $22.17.
Steel Dynamics, Inc. (STLD) in Washington, D.C., joined by AK Steel Corporation, ArcelorMittal USA, California Steel Industries, Nucor Corporation, and United States Steel Corporation, petitioned the Department of Commerce (DOC) and the U.S. International Trade Commission (ITC) to apply antidumping (AD) and countervailing duties (CVD) against imports of corrosion resistant steel from China, India, Italy, South Korea, and Taiwan.
Imports of corrosion resistant sheet steel between 2012 and 2014 from the five subject countries raised 85%, from 1.5 million to 2.75 million tons. Further, imports raised by one third in the first quarter of 2015, from 600,000 to 800,000 tons, and based on licensing data have additionally raised in the second quarter. Over 15% of the U.S. market was lost to these subject imports, more than doubling their share between 2012 and the first quarter 2015.
The company produces corrosion-resistant steel counting hot dipped galvanized, Galvalume®, and painted steel at its facilities in Butler and Jeffersonville, Indiana; Columbus, Mississippi and three facilities (The Techs) in the Pittsburgh, Pennsylvania metropolitan area. The product is used in many construction applications, in addition to in automotive parts and numerous consumer products.
Steel Dynamics, Inc., together with its auxiliaries, manufactures and sells steel products, processes and sells recycled ferrous and nonferrous metals, and fabricates and sells steel joist and decking products in the United States and internationally. The company operates in three segments: Steel Operations, Metals Recycling and Ferrous Resources Operations, and Steel Fabrication Operations. The Steel Operations segment provides a range of sheet steel products, such as hot roll, cold roll, and coated steel products; structural steel beams and pilings to construction market; various rail products for the railroad industry; rounds, round-cornered squares, and round engineered bars; angles, plain rounds, flats, channels, and billets; and merchant beams, channels, and specialty structural steel sections.
Retail Properties of America Inc (NYSE:RPAI), ended its Friday’s trading session with -0.93% loss, and closed at $14.84.
Retail Properties of America Inc (RPAI) declared that it will release financial results for the second quarter ended June 30, 2015, after the market closes on Tuesday, August 4, 2015. The Company will host a conference call on Wednesday, August 5, 2015, at 11:00 AM (EDT) to talk about the financial results. In addition, the Company may talk about business and financial highlights, developments and trends and other matters affecting the Company.
Retail Properties of America, Inc. is a real estate investment trust. It engages in acquisition, development and administration of properties. The trust invests in the real estate markets of United States. Its portfolio comprises of retail properties, counting lifestyle, power, neighborhood, and community centers, in addition to single-user net lease properties.
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