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April 24- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, reported a much lower-than-expected quarterly profit as costs rose and passengers spent less onboard. Shares of the company, whose cruise lines include Royal Caribbean International, Celebrity Cruises and Azamara Club Cruise, fell as much as 3.2 percent in early trading.
Stocks climbed on Tuesday after consumer confidence hit a six-year high in March.
*Walgreen, McCormick shares rally after results. NEW YORK, March 25- U.S. stocks sharply trimmed gains by midday on Tuesday as many of the market's momentum stocks turned negative. So-called momentum stocks fell sharply near midday, including Netflix, down 3 percent at $367.50, and First Solar Inc, down 4 percent at $70.93.
March 25- Carnival Corp, the world's largest cruise operator, forecast a full-year profit below analysts' estimates as it cuts prices and spends more on advertising to attract customers after onboard mishaps hurt demand over the past couple of years.
Some of Tuesday's midday movers:
Arnold Donald, Carnival CEO, discusses the new innovations his company is employing to drive demand and increase guest experience. Donald also weighs in on Carnival's first quarter earnings beat.
March 25- Carnival Corp, the world's largest cruise operator, forecast a full-year profit below analysts' estimates as it cuts prices to attract customers after onboard mishaps hurt demand for its cruises over the past couple of years.
*Walgreen, McCormick shares rally after results. NEW YORK, March 25- U.S. stocks rose on Tuesday as many of the market's biggest trading favorites regained their momentum and a strong read on consumer confidence boosted optimism about economic conditions.
March 25- Carnival Corp, the world's largest cruise operator, barely broke even on an adjusted per-share basis in the first quarter and warned it might post a loss for the current quarter due to a rise in costs.
March 25- Carnival Corp, the world's largest cruise operator, barely broke even on an adjusted per-share basis in the first quarter and forecast a loss for the current quarter due to a rise in costs.
U.S. stock index futures pointed to a higher open on Tuesday, ahead of the release of several housing market indicators.
*Coast Guard says no timeline for reopening Houston Channel. TEXAS CITY, Texas, March 23- The closure of major Texas shipping channels that deliver crude to more than a tenth of the nation's refining capacity looked set to run to a third day as crews were still working on Sunday evening to clean up after an oil spill.
With the Fed's policy-setting meeting in the rear-view mirror, the coming week should have Wall Street switching its focus to U.S. and global data.
Some of Friday's midday movers:
The "Fast Money" traders share their final trades of the day.
CNBC consumer reporter Kelli Grant gives tips on how spending more on a luxury cruise might actually yield a better value.
Despite another round of bad news headlines about the cruise industry, Carnival set a one-month reservations record in January.
Adam Goldstein, Royal Caribbean CEO, discusses recent disasters and safety issues that plagued the cruise industry. CNBC's Simon Hobbs provides perspective into the misunderstood cruise business.
CNBC's Simon Hobbs takes a look at the Four Seasons Hotel returning to the public market next year and weighs in on what the future holds for the rest of the travel sector.
Post-holiday sales are nothing compared to deals consumers might see in 2014. Caribbean cruises and cars are among the purchases getting cheaper.