Cast Off: Cruise Stocks Set Sail Again

Strong quarterly figures dispel crisis concerns, but oil prices remain a burden - Just last summer, cruise stocks were considered outdated on the stock market. The war in Iran drove oil prices up and hit shipping companies doubly hard: Their ships consume enormous amounts of fuel, and their customers are paying more at the pump and have less money for vacations. Uncertain routes, an outbreak of hantavirus, and low water levels in Europe's rivers heightened pessimism. The latest earnings season now paints a different picture. Demand is robust, and...