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Honeywell Powers Royal Caribbean's Three Icon Class Ships with Cabin Automation
Honeywell Technologies' (HON) connected cabin automation system is now powering more than 8,400 staterooms aboard Royal Caribbean's (RCL) three in-service Icon Class ships. "The deployment delivers automated comfort, convenience and efficiency to hundreds of thousands of passengers annually while helping crews operate ships more efficiently," the company said. Honeywell Technologies' cabin automation solution allows guests to personalize their stateroom environment through automated climate control, lighting and room features, including the ability to adjust cabin settings via the Royal Caribbean mobile app from anywhere onboard.
Pentair and Others See Notable Stock Gains
Notable gainers among liquid option names this morning include Pentair (PNR) $60.56 +5.34, Bloom Energy (BE) $218.93 +15.01, Western Digital (WDC) $379.45 +23.32, Royal Caribbean (RCL) $298.12 +17.51, and Albemarle (ALB) $98.29 +4.87.
U.S. Stock Futures Rise as Investors Await Fed Rate Decision
Stock futures are higher as investors brace for the Federal Reserve's interest-rate decision and a busy slate of corporate earnings. Oil prices remain elevated despite easing for a second session, with geopolitical tensions in the Middle East continuing to threaten energy supplies.The Federal Reserve begins its two-day policy meeting with an interest-rate decision due Wednesday. Markets broadly expect policymakers to hold rates steady, although persistent inflation and elevated energy prices have raised expectations for additional tightening next year. Investors will focus on Fed Chair Kevin Warsh's comments for clues about the policy outlook as the central bank balances inflation risks against economic growth.Earnings take center stage, with Coca-Cola, Boeing, UPS and PayPal among the major companies that reported before the opening bell. Visa, Robinhood and other companies are scheduled to report after the close. Investors are particularly focused on Alphabet, Microsoft and Amazon, which report later this week, looking for evidence that substantial AI investments are translating into revenue growth and profitability.In pre-market trading, S&P 500 futures rose 0.38%, Nasdaq futures rose 0.53% and Dow futures rose 0.25%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -MidCap Financialup 23% after entering into a definitive merger agreement under which Ares Capital will acquire MFIC in a stock-and-cash transaction for a total enterprise value of approximately $2.6BUP AFTER EARNINGS -JetBlueup 14%Celesticaup 11%Royal Caribbeandown 5%Johnson Controlsup 4%Corningup 1%Freeport-McMoRanup 1%Cadence Designup 1%DOWN AFTER EARNINGS -Watscodown 10%Whirlpooldown 7%HSBCdown 6%Boeingdown 2%Coca-Coladown 1%PayPaldown 1%UPSdown 1%
Royal Caribbean Group Reports Q3 Revenue of $5.59B
Reports Q3 revenue $5.59B, consensus $5.61B. "Our third quarter results reflect continued strong consumer demand for our vacation experiences and the accelerated momentum across our industry leading brands," said Jason Liberty, Chairman and CEO, Royal Caribbean Group. "Our strategy to turn the vacation of a lifetime into a lifetime of vacations is propelling our business by leveraging our leading brands, differentiated experiences, loyalty platform and technology capabilities to deepen guest relationships, increase vacation frequency and capture a greater share of the growing global vacation market. Taking further advantage of our leading vacation platform, the recently announced partnership with Sandals and Beaches Resorts is intended to drive significant shareholder value as we expand our vacation ecosystem, giving guests more ways to vacation with us across more occasions."
Company Expects Q4 Net Yields of 4.4%-4.9%
Sees Q4 net yields 4.4%-4.9%. The company said, "In line with the company's prior expectation, Net Yields are expected to be 4.4% to 4.9% as-reported and 4.2% to 4.7% in Constant Currency as compared to 2025. Net Yield growth is driven by strong demand, a more favorable year-over-year comparison, deployment mix, and the timing of dry docks. Total revenue is expected to grow 9%."
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