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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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Red Orbit (Free subscription) | 07/23/2008
The deepening plight of the U.S. consumer has started to take a big bite out of corporate earnings. A number of major U.S. companies that rely on consumer spending warned about their results Monday evening, including American Express, Apple and Royal Caribbean Cruises.
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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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PR News Wire (Free subscription) | 07/21/2008
MIAMI, July 21 /PRNewswire-FirstCall/ -- Royal Caribbean Cruises Ltd.
(NYSE: , Oslo).
Key Highlights
-- Second Quarter Net Income of $84.7 million, or $0.40 per share.
-- Cost savings program expected to save approximately $125 million
annually.
-- Revenue environment remains solid:
-- Net Yields expected to be up 3% to 4 % for the full year.
-- Full year 2008 results in line with original...
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Miami Herald (Free subscription) | 07/21/2008
Cruise operator Royal Caribbean Cruises reports earnings for the second quarter on Tuesday. The following is a summary of key developments and analyst opinion related to the period.
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SignalBlog (Free subscription) | 07/21/2008
Cruise operator Royal Caribbean Cruises Ltd. reports earnings for the second quarter on Tuesday. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW: Royal Caribbean’s shares fell sharply during the quarter as investors anticipated that soaring fuel prices would take a toll on the company’s earnings. Royal Caribbean has [...]
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The Earth Times Online Newspaper (Free subscription) | 07/18/2008
CHICAGO - 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 stocks and the financial markets. Stocks recently featured in the blog include: Dow Chemical Co. (NYSE:
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Anchorage Daily News (Free subscription) | 07/05/2008
Royal Caribbean Cruises says it mistakenly broke state law in discharging about 20,000 gallons of wastewater into Chatham Strait in Southeast Alaska.
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Anchorage Daily News (Free subscription) | 07/04/2008
Royal Caribbean Cruises says it mistakenly broke state law in discharging about 20,000 gallons of wastewater into Chatham Strait in Southeast Alaska.
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I want - I got (Free subscription) | 06/27/2008
MODA Summer Blowout Sale June 20 - 30, 2008 50% Off Spring and Summer Styles (We are making room for new styles - arriving July 7th) We’re giving away 50 ROYAL CARIBBEAN CRUISES for two to the first 50 people to spend $150 or more at the sale Total Value between $800 - [...]