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  • *Forecasts $1.38- $1.44/ share for Q3 vs est $1.51. June 24- Carnival Corp, the world's largest cruise operator, forecast a weaker-than-expected adjusted profit for the third quarter, citing increased competition in the Caribbean and higher costs, sending its shares down 2 percent in early trading.

  • June 24- The U.S. Food and Drug Administration said an unit of GlaxoSmithKline Plc violated quality requirements during the manufacture of influenza vaccine Flulaval. In a warning letter, the FDA said the company had failed to take appropriate steps to prevent microbiological contamination of drugs, among other violations.

  • June 24- Cosmetics company Elizabeth Arden Inc said it would exit low-return businesses and brands to improve gross margins and profitability, disappointing investors who had hoped for a sale of the company.

  • Carnival profit more than doubles Tuesday, 24 Jun 2014 | 9:26 AM ET

    June 24- Carnival Corp, the world's largest cruise operator, said its quarterly profit more than doubled as costs fell. Net income rose to $106 million, or 14 cents per share, in the second quarter ended May 31, from $41 million, or 5 cents per share, a year earlier. Excluding items, the company earned 10 cents per share.

  • UPDATE 1-Navistar adopts tax asset protection plan Tuesday, 24 Jun 2014 | 8:44 AM ET

    June 24- Truck and engine maker Navistar International Corp said it adopted a tax asset protection plan to guard against any ownership changes that could hurt its ability to use net operating losses for tax relief. As of Oct. 31, Navistar had a federal net operating loss carryforward of about $1.8 billion, the company said.

  • Elizabeth Arden to exit unprofitable businesses Tuesday, 24 Jun 2014 | 8:44 AM ET

    June 24- Cosmetics company Elizabeth Arden Inc said it would exit low-return businesses and brands to improve gross margins and profitability, and would record a related non-cash charge of $85- 95 million for the fourth quarter ending June 30.

  • June 24- Walgreen Co, the largest U.S. drug retailer, reported a lower-than-expected quarterly profit and said it was withdrawing its forecast for 2016 as it moves toward the complete acquisition of Alliance Boots Holdings Ltd. Walgreen said it would update investors on the Alliance Boots transaction and issue a new forecast by late July or early August.

  • UPDATE 1-Ohr Pharma eye drug falls short in trial Tuesday, 24 Jun 2014 | 8:16 AM ET

    June 24- Ohr Pharmaceutical Inc said its experimental eye drop showed no significant benefit over a placebo in reducing the number of injections of another drug directly into the eye, but improved patients' visual clarity.

  • Walgreen quarterly profit rises 16 pct Tuesday, 24 Jun 2014 | 7:40 AM ET

    June 24- Walgreen Co, the largest drug retailer in the United States, reported a 15.7 percent rise in quarterly profit, helped by strong growth in prescription sales. Net income rose to $722 million, or 75 cents per share, in the quarter ended May 31, from $624 million, or 65 cents per share, a year earlier. Sales rose 5.9 percent to $19.40 billion.

  • Navistar adopts tax asset protection plan Tuesday, 24 Jun 2014 | 7:32 AM ET

    June 24- Truck and engine maker Navistar International Corp said it would turn its existing poison pill takeover defense into a tax asset protection plan. The tax asset protection plan is designed to discourage any person or group from acquiring more than 4.99 percent of stake, the company said on Tuesday.

  • Ohr Pharma eye drug falls short in trial Tuesday, 24 Jun 2014 | 7:19 AM ET

    June 24- Ohr Pharmaceutical Inc said its experimental eye drop did not show any significant benefit over a placebo in reducing the number of injections of another drug directly into the eye. Ohr's drug, Squalamine, was being tested in a mid-stage trial in patients with age-related macular degeneration, the leading cause of blindness among the elderly.

  • NEW YORK/ PARIS, June 23- French bank BNP Paribas SA is likely to pay $8 billion to $9 billion as part of a potential settlement with U.S. authorities over violations of sanctions, according to a person familiar with the matter.

  • Ashish Chauhan, CEO of the Bombay Stock Exchange, explains that he's asked the Indian government to cut the securities transaction tax, in order to attract more retail investors.

  • MUMBAI, June 24- The government of India is likely to raise the number of drugs deemed essential and subject to price caps, people directly involved in the process said.

  • June 24- Delta Air Lines Inc's CEO is expected to support the U.S. Export-Import Bank's assistance for sales of Boeing Co's widebody jets, softening his stance at a time when critics are mounting pressure to wind down the agency, the Wall Street Journal reported.

  • June 24- Coal miners and power companies are both suffering as railroads struggle to clear a backlog of coal stuck in the Powder River Basin in Wyoming and Montana after the harshest winter in over a decade.

  • June 24- Coal miners such as Cloud Peak Energy Inc and Arch Coal Inc in the Wyoming basin are having to wait to ship out coal as crude and grains crowd the railroads. The delays are also forcing utilities to switch to more expensive natural gas.

  • June 24- Delta Air Lines Inc's CEO is expected to support the U.S. Export-Import Bank's assistance for sales of Boeing Co's widebody jets, softening his stance at a time when critics are mounting pressure to wind down the agency, the Wall Street Journal reported.

  • June 23- U.S. authorities have sought information from Dean Foods Co and Clorox Co in connection with an insider-trading investigation of billionaire investor Carl Icahn, the Wall Street Journal reported, citing people familiar with the matter.

  • June 23- Cosmetics maker Avon Products Inc said it would cut about 600 jobs, including in its North America unit, as the company struggles to return to profit. The company is struggling to turn around its fortunes after a host of problems in key markets such as Russia, Latin America and the United States hurt profits.