FILE - In this March 30, 2007 file photo, Richard Fain, chairman and CEO of Royal Caribbean Cruises, speaks to a group of cruise industry members and travel agents at the cruise3sixty conference, in ... more 
FILE - In this March 30, 2007 file photo, Richard Fain, chairman and CEO of Royal Caribbean Cruises, speaks to a group of cruise industry members and travel agents at the cruise3sixty conference, in Fort Lauderdale, Fla. Deteriorating financial conditions in Europe are weighing down companies' profits. And hope of salvation from other regions _ such as China, Brazil and the United States _ is starting to dim as those economies also slow. "The steady drumbeat of negative news emanating out of Europe is certainly having an impact," says Fain. (AP Photo/Marianne Armshaw, File) less 
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Associated Press | Photo By Marianne Armshaw, File
Fri, Jul 27, 2012 4:20 PM EDT