|
|
Article: DnB NOR drops StatoilHydro from weekly "buy" list, adds RCCL.
- Article from:
- ADP News Nordic
- Article date:
- September 28, 2009
CopyrightCOPYRIGHT 2009 Aii Data Processing Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
(ADPnews) - Sep 28, 2009 - DnB NOR Markets dropped oil major StatoilHydro ASA (OSL:STL) while adding cruise giant Royal Caribbean Cruises Ltd, or RCCL, (OSL:RCL) to its portfolio of recommended Oslo-listed stocks for the current business week.
"The oil price seems weak and our fundamental analysis implies a further decline in the autumn. Therefore we have excluded StatoilHydro," the stockbroker said on Monday.
"RCCL has been included after a week of absence. The figures by rival Carnival Corp (NYSE:CCL) were better than expected, at the same time as the news from Carnival contributed to us upgrading our estimates for RCCL," DnB NOR Markets added.