President Obama announced a complete overhaul of the relationship between the U.S. and Cuba, after 54 years of tense diplomatic ties between the two nations. Though the embargo is still in place, there are bound to be financial impacts from this new chapter of history with Cuba. TheStreet’s Scott Gamm speaks with Wedbush Securities analyst Gil Luria, who says airlines that serve Cuba from Latin America, such as Copa Holdings (CPA) and cruise ships like Royal Caribbean Cruises (RCL) could see more demand. He also said money remittance companies will see a more immediate impact, such as The Western Union Company (WU) and Moneygram International (MGI).
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