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Jamaica Gleaner :: Business (Free subscription) | 07/24/2008
Cruise operator Royal Caribbean Cruises Limited reported sharply lower second-quarter earnings Monday, blaming higher fuel prices, and said it would cut 400 jobs. Royal Caribbean earned US$84.7 million, or 40 cents a share, in line with Wall Street expectations...
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Luxist (Free subscription) | 07/23/2008
Hard times for the world of cruising? Royal Caribbean Cruises announced today that they have cut 400 jobs and are making other cost-cutting measures to reduce annual expenses by $125 million. Chairman and CEO Richard Fain has named soaring fuel prices and the economic downturn as a factor in the moves. The announcement followed lower-than-expected second quarter earnings. So far though, bookings have...
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Miami Herald (Free subscription) | 07/22/2008
Cruise operator Royal Caribbean Cruises Ltd. reported sharply lower second-quarter earnings Monday, blaming higher fuel prices, and said it would cut 400 jobs.
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Business Spectator (Free subscription) | 07/22/2008
Cruise operator hurt by doubling of fuel costs. 22 Jul 2008 8:31 AM
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Miami Herald (Free subscription) | 07/21/2008
By MARTHA BRANNIGAN mbrannigan@MiamiHerald.com Royal Caribbean Cruises, hammered by soaring fuel prices, unveiled plans Monday to eliminate 400 positions and slash operating expenses by $125 million, or 3.5 percent.
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Market Watch (Free subscription) | 07/21/2008
SAN FRANCISCO (MarketWatch) -- Royal Caribbean Cruises late Monday reported its second-quarter net income fell to $84.7 million, or 40 cents a share, from $128.7 million, or 60 cents a share, a year earlier. Revenue increased to $1.58 billion from $1.48 billion in the same quarter last year. Analysts had forecast earnings of 40 cents a share on revenue of $2.05 billion. The company expects earnings...
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Jim Cramer's Mad Money (Free subscription) | 07/17/2008
Jim Cramer’s Mad Money Stock Picks for Wednesday July 16 2008. These are all of Jim Cramer’s stock picks that are a Buy! I bold my picks. Buy: American Superconductor (AMSC) Carnival Corp (CCL) Chesapeake Energy (CHK) CSX Corp (CSX) Gen Probe (GPRO) MDU Resources Group (MDU) Suncor Energy (SU) VF Corp (VFC) Western Gas Partners (WES) Yum! Brands (YUM) Sell: Ambac Financial Group (ABK) Domino’s Pizza...
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Business Wire (Free subscription) | 06/20/2008
CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting
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CBS 4 - South Florida's Source for (Free subscription) | 06/19/2008
Much like the seas during the summer months, cruise ship operator Carnival Corp. reports their earnings growth in the second quarter was flat.
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The South Florida Business Journal (Free subscription) | 06/19/2008
Carnival Corp. said its second quarter earnings were nearly flat from last year, as fuel costs offset revenue growth of 17 percent. (CCL) (CUK)
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Examiner (Free subscription) | 06/19/2008
Cruise operator Carnival Corp. said Thursday its second-quarter earnings were nearly the same as a year ago as soaring fuel costs offset strong revenue growth. The company also lowered its guidance for the year.
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Reuters (Free subscription) | 06/19/2008
NEW YORK (Reuters) - Carnival Corp & Plc , the world's largest cruise operator, on Thursday lowered its forecast for full-year 2008 profit as high fuel prices hurt the cruise industry.