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Royal Caribbean's Oasis of the Seas: A floating resort city

Royal Caribbean Cruises Ltd. (NYSE: RCL) reports Q3 earnings results Tuesday, hence I'll await those results before re-evaluating the stock, but today we'll take a moment to highlight a high-profile addition to its fleet: the Oasis of the Seas -- the world's largest oceanliner.

Five times larger than the SS Titanic -- 225,282 gross tons and 1,181 feet in length versus Titanic's 46,328 gross tons and 830 feet in length -- the $1.5 billion Oasis will perhaps represent the world's largest and elaborate floating city, in terms of creature comforts (U.S. Nimitz-class aircraft carriers can carry more people, but no, the U.S. Navy does not offer as lavish accommodations nor as much per-person space for military personnel).

Continue reading Royal Caribbean's Oasis of the Seas: A floating resort city

Carnival Corporation third quarter earnings preview

Carnival Earnings PreviewBefore the market opens tomorrow morning, Carnival Corporation (NYSE: CCL) will be reporting its fiscal third quarter earnings results.

The last time the company reported earnings was back on June 18 when it was able to post 33 cents per share, above the 29 cents that analysts had been expecting. This time analysts are looking to see the company show earnings of $1.18.

Continue reading Carnival Corporation third quarter earnings preview

A Suze Orman personal finance cruise?

The New York Times reported today on Suze Orman's upcoming "Sail with Suze" personal finance cruise. I've been quick to defend Suze Orman when others have maligned her pop psychology approach to personal finance, and I stand behind my support of her work. However, the idea of a personal finance cruise is sort of stupid. The cruise packages start at more than $1,000, but you learn about stuff like FICO scores, debt, whether Social Security is enough (hmm), and the stock market.

Here's the problem: If your FICO score is bad enough that you need to go on a cruise to learn about it, you probably can't afford the cruise. If you're wondering whether Social Security will be enough to provide for your retirement, skip the cruise and start an IRA of one kind or another. A personal finance cruise is akin to holding a casino night for Gamblers Anonymous. What's next? An NAACP cruise featuring Don Imus?

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Last updated: February 11, 2012: 07:55 AM

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