Plus   Neg

Norwegian Cruise Line Sees Further Upside After Initial Jump

After gapping open notably higher, shares of Norwegian Cruise Line (NCLH) have seen some further upside over the course of the trading day on Thursday. Norwegian Cruise Line is currently up by 4.3 percent, on pace to end the session at its best closing level in a month.

The upward move by Norwegian Cruise Line comes on the heels of news the cruise line operator will replace Level 3 Communications (LVLT) in the S&P 500 before the start of trading on Friday, October 13th. Level 3 has agreed to be acquired by CenturyLink (CTL).

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Weight Watchers International, Inc. said Monday that it will change its name to WW to reflect the shift in its focus from weight loss to overall health and well-being. The company also announced the launch of several new services and partnerships. The company said that globally, it will use a new tagline, "Wellness that Works", to reflect the company's heritage. Singapore's anti-trust watchdog has fined ride-hailing firms Uber and Grab with combined fines of $9.5 million over their "anti-competitive" merger deal, noting that the transaction led to a substantial lessening of competition in the ride-hailing platform market in Singapore. In March, Uber said it is selling its Southeast Asia operations as well as Uber Eats in the region to Grab. Shares of Sky Plc were gaining around 9 percent in the early morning trading in London after the media giant urged its shareholders to immediately accept a superior cash offer of 17.28 pounds by Comcast Corp. The consideration implies a value of approximately 30.6 billion pounds or $40 billion for Sky. In an auction process, Comcast offered the highest price, topping 21st Century Fox.
Follow RTT