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Carnival (CCL) Stock Slips, May Delay Start of Cuba Cruises

NEW YORK (TheStreet) -- Shares of Carnival Corp. (CCL - Get Report) are down by 1.41% to $50.30 in early afternoon trading on Monday, as the company said it may delay its cruises to Cuba as it continues to negotiate with the country's government.

The Miami-based cruise vacation company had planned to begin the voyages on May 1 through its new Fathom brand.

Although the cruise ship operator is accepting bookings, Carnival said it is continuing discussions with Cuba to allow cruise ships to operate in the same way as air charter operations, which transport Cuban-born people to and from the country.

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