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  • He has been selling shares of materials companies like Alcoa Inc and moving into shares of Apple Inc, which have been hurt lately by concerns about spending in China. Like Kern, other portfolio managers say that they are buying shares of U.S. and European companies that benefit from consumer spending in China despite an economic slowdown that has seen the...

  • *Raises FY profit to $4.65- $4.75/ shr from $4.45- $4.65/ shr. Royal Caribbean, the world's second-largest cruise operator by revenue, is more focused in the Caribbean, which accounts for nearly half of its total capacity. Royal Caribbean was seeing the fastest growth in the Asia Pacific region, particularly in China, where more than 95 percent of the cruises were...

  • *Royal Caribbean, Expedia rise after results. July 31- Wall Street was set to open little changed on Friday following a spate of uninspiring corporate results including that of Exxon Mobil, and a drop in prices of crude oil and major industrial metals. Exxon Mobil and Chevron shares fell about 2 percent after quarterly profits fell sharply on falling oil prices.

  • July 31- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator by revenue, raised its full-year profit forecast, citing better-than-expected performance in the Caribbean and China and lower fuel costs. Royal Caribbean, which had cut its full-year forecast in April, on Friday said cruise bookings for the third and fourth quarters were...

  • Royal Caribbean's profit rises 34 percent Friday, 31 Jul 2015 | 8:14 AM ET

    July 31- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator by revenue, reported a 34 percent rise in quarterly profit as passengers spent more onboard and demand rose for its Caribbean cruises. Net income rose to $185 million, or 84 cents per share, in the second quarter ended June 30, from $137.7 million, or 62 cents per share, a year earlier.

  • MIAMI, July 7- Carnival Corp has won U.S. approval to operate culturally-themed cruises to Cuba and plans to start taking travelers there in May, joining a growing list of maritime companies hoping to profit from a thaw in relations between Washington and Havana. The United States and Cuba have been working for months to improve relations after more than five...

  • MIAMI, July 7- Carnival Corp has won U.S. approval to operate cruises to Cuba and plans to start taking travelers there in May, joining a growing list of maritime companies hoping to profit from a thaw in relations between Washington and Havana. Miami- based Carnival, the world's largest cruise operator, said it was still in talks with Cuba for approval to start...

  • MIAMI, June 23- Richard Branson's Virgin Cruises will take delivery of three ships capable of carrying nearly 3,000 passengers each starting in early 2020, the British entrepreneur told reporters during a news conference on Tuesday. Virgin Group announced the Bain Capital- backed project last December. "We go against the grain," said Virgin Cruises Chief...

  • June 23- Carnival Corp, the world's largest cruise operator, forecast earnings for its most important quarter below analysts' estimates, citing a stronger dollar and growing fuel costs. While second-quarter fuel costs were 37 percent lower than last year, a recovery in crude oil prices, combined with a stronger dollar, is expected to lower earnings for the...

  • Royal Caribbean taking China on a sea cruise Tuesday, 19 May 2015 | 8:35 AM ET
    Chinese tourists wave as their passenger ship 'Legend of The Seas' arrives in Taiwan's northern Keelung harbor.

    Here's the best research calls from top Wall Street firms Tuesday.

  • Early movers: HD, WMT, DKS, RCL, URBN & more Tuesday, 19 May 2015 | 8:02 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • *Sees adj profit of $4.45- $4.65/ shr vs prev $4.65- $4.85. Fuel prices have risen 14 percent and the dollar has gained 3.5 percent since the company's previous forecast, Royal Caribbean executives said on a post-earnings call. The Miami- based cruise operator cut its earnings expectations to $4.45- $4.65 per share for the year ending December, from the $4.65- $4.85 it...

  • What China reserve requirement cut means for stocks Monday, 20 Apr 2015 | 10:17 AM ET

    Some estimate China's lower requirements for bank reserves could free up about $160 billion.

  • The company said on Monday that it now expects adjusted profit of $4.45- $4.65 per share for the year ending December, lower than its January forecast of $4.65- $4.85. Royal Caribbean said it now expects fuel expenses of $834 million based on current prices, up from its previous forecast of $806 million. Royal Caribbean's net yield in the first quarter ended March...

  • Futures rally after China stimulus, earnings eyed Monday, 20 Apr 2015 | 8:51 AM ET

    U.S. stock index futures rallied on Monday, after China's central bank cut the amount of money banks must hold as reserves.

  • April 20- Royal Caribbean Cruises Ltd reported a 3.7 percent fall in quarterly revenue, as a strong dollar hurt onboard spending by customers from outside the United States. The company's net income rose to $45.2 million, or 20 cents per share, in the first quarter ended March 31, from $26.5 million, or 12 cents per share, a year earlier. Revenue fell to $1.82 billion...

  • Earnings next test for stocks after market wipeout Monday, 20 Apr 2015 | 5:52 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks could chop around and rack up more losses in the week ahead, with the next wave of corporate earnings reports.

  • Earnings next test for stocks after market wipeout Friday, 17 Apr 2015 | 4:29 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks could chop around and rack up more losses in the week ahead, with the next wave of corporate earnings reports.

  • Power Play: Full steam ahead for cruise lines Friday, 17 Apr 2015 | 2:38 PM ET
    'Viking Star' Cruise ship anchors in Turkey's Kusadasi.

    USAA says it's time to buy cruise lines.

  • Hollywood’s robots in the real world Monday, 13 Apr 2015 | 1:28 AM ET

    Robots aren't just for movies, but are now helping us with our daily routines. CNBC looks at how film favorites ended up on this side of the screen.