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Read More »Royal Caribbean Cruises Earnings Tumble 98 Percent
NEW YORK – Royal Caribbean Cruises Ltd. said Thursday that fourth-quarter earnings tumbled 98 percent, missing Wall Street’s expectations and reflecting a sharp drop in cruise bookings, higher-than-expected fuel costs and unfavorable foreign exchange rates. For the quarter ended Dec. 31, net income fell to $1.4 million, or 1 cent …
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