UPDATE 1-Royal Caribbean profit rises but lowers view

(Reuters) - Royal Caribbean, the world's second-largest cruise operator
after Carnival Corp. , said second-quarter net profit
rose to $128.7 million, or 60 cents per share, from $122.4
million, or 57 cents per share, in the same quarter last year,
boosted by cost-cutting and the acquisition of Spanish cruise
line Pullmantur




Revenues rose to $1.5 billion from $1.3 billion, as the
addition of Pullmantur helped increase capacity by 12 percent.


Read more at Reuters.com Market News

UPDATE 3-Celgene 2nd-qtr earnings jump on cancer drug sales

(Reuters) - BOSTON, July 26 - Celgene Corp. , the top maker of drugs to treat multiple myeloma, said on Thursday its second-quarter earnings rose on soaring sales of its newest product, Revlimid.



Net profit rose to $54.9 million, or 13 cents a share, from $9.6 million, or 3 cents a share, a year earlier.


Read more at Reuters.com Market News

Lyondell second-quarter earnings rise

(Reuters) - Income from continuing operations rose to $1.02 per share from 50 cents a year ago.




Ethylene segment results continued to reflect good volumes and operating rates with modest margin improvement, the Houston-based company said.


Read more at Reuters.com Hot Stocks News

Coca-Cola Enterprises profit falls

(Reuters) - Excluding restructuring charges and other items, profit was 58 cents per share for the company, which bottles, sells and distributes more than three-quarters of the Coke drinks sold in North America.




Read more at Reuters.com Business News

Shell finds new Nigerian oilfield

(Reuters) - "Aghata-1 well is a material exploration success for SPDC and Shell," said Basil Omiyi, the managing director of SPDC, a Nigerian arm of the Anglo-Dutch oil major.




"It has the potential to immediately increase oil production in the area, and also enabling us to find other potential exploration opportunities in similar geological settings," Omiyi was quoted as saying in a company statement.


Read more at Reuters.com Business News

June durable goods orders rose 1.4 pct

(Reuters) - U.S. Treasury debt prices rose on Thursday, stretching to new session highs, after the weaker-than-expected data on durable goods suggested flagging business growth in the latter part of the second quarter.




The dollar fell to a two-and-a-half month low against the yen and was little changed against the euro.


Read more at Reuters.com Business News

Yen Strengthens as Equities Decline, Prompting Unwinding of Carry Trades

(Bloomberg) -- The yen rose to a 2 1/2-month high
against the dollar as global equities fell, prompting traders to
reduce investment in assets funded by borrowing in Japan.

The Japanese yen rose against all 16 most-actively traded
currencies as investors pared so-called carry trades, following a
declines in stock markets in Asia and Europe. U.S. stock-index
futures also dropped on concern losses related to subprime
mortgages will undermine economic growth.


Read more at Bloomberg Currencies News