Daily 5 report for Oct. 21: Making sense of Q3 earnings reports beyond 'beats' and 'misses'
Innumerable disclosures figure into analyzing the overall health of a publicly traded company.
Royal Caribbean’s Port Canaveral-bound Star of the Seas to feature ‘Back to the Future’ musical
Royal Caribbean’s Star of the Seas will have something no cruise line has ever had before when it debuts out of Port Canaveral in 2025: A time machine.
It’s a DeLorean, and needs 1.21 gigawatts of electricity generated by a nuclear reaction to power the flux capacitor, which makes time travel possible. That’s the word or Emmett “Doc” Brown, of course, one of the characters who will be spouting science and singing songs alongside Marty McFly, parents George and Lorraine, as well as foil Biff Tannen as part of the cruise line’s production of “Back to the Future: The Musical.”
The cruise line revealed Monday that the play will be the marquee offering on board what will be the largest cruise ship in the world, a sister ship to Icon of the Seas that debuted out of Miami earlier this year.
“Blast to the past and introduce the entire family to Marty McFly’s high-flying adventure, as ‘Back to the Future: The Musical’ travels straight from Broadway to Star of the Seas.” the line promoted on its website. “From cult-classic movie to instant-hit musical, this Olivier Award winner is making waves on land — and now you can experience it at sea.”
Brent Burns retiring as head of JM Family; Dan Chait to become CEO
JM Family Enterprises CEO Brent Burns will retire and be succeeded by President and COO Dan Chait. Chait will remain president when he becomes CEO on Jan. 1, JM Family announced.
Porsche updates 911 GT3, offers track-focused Weissach package
The upper end of the Porsche 911 lineup is getting an update — and a track-focused Weissach package.
The 2025 Porsche 911 GT3 starts at $224,495 with shipping and arrives at dealerships next summer.
A naturally aspirated 4.0-liter flat-six making 502 hp propels the coupe from 0 to 60 mph in as little as 3.2 seconds. The street-legal GT3 has a top track speed of 195 mph.
Porsche modified the teardrop-shaped trailing arms on the double-wishbone front axle to boost downforce at high speeds and improve brake cooling. The front ball joint of the lower trailing arm sits lower on the front axle to create an anti-dive effect that reduces pitch under braking.
The freshening gives the GT3 a sharpened design and better aerodynamics.
Porsche said the redesigned front diffuser, spoiler lip and modified underbody air guides increase downforce and optimize airflow. The automaker integrated the daytime running lights into the headlight module to create room for larger air intakes and deliver a cleaner look.
Not just a surf wagon: Volkswagen has big plans for ID Buzz EV as its global robotaxi platform
Volkswagen’s ID Buzz electric vehicle represents the company’s global robotaxi platform. It’s undergoing both hardware and software updates as the company works toward a 2026 launch of commercial service.