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OFG Bancorp to ring NYSE closing bell
Issued: October 29, 2014
OFG Bancorp and its subsidiary, Oriental Bank, will mark a milestone when it rings the closing bell on the New York Stock Exchange on Thursday. ...
Manatee dies after being hit off PR
Issued: October 29, 2014
A manatee rescued last weekend at a beach on Puerto Rico’s northeastern coast has died despite the efforts of veterinarians from the U.S....
Disney Cruises sailing out of PR in 2016
Issued: October 29, 2014
Disney Cruise Lines is steering back to Puerto Rico as the launching pad for southern Caribbean cruises in 2006. ...
Doral files capital, contingency plans with FDIC
Issued: October 29, 2014
Doral Bank filed Wednesday its required capital restoration and contingency plans with the Federal Deposit Insurance Corp. ...
Judge tosses case against Prepa ex-officials
Issued: October 28, 2014
A judge has tossed charges against two former Puerto Rico Electric Power Authority officials related to an alleged scheme involving renewable energy...
PR fiscal team headed to DC
Issued: October 28, 2014
Top Puerto Rico government fiscal officials are heading to Washington, D.C. on Tuesday for meetings with White House economic officials. ...
FirstBank net rises to $23.2M in 3Q
Issued: October 28, 2014
First BanCorp, the bank holding company for FirstBank Puerto Rico, reported net income of $23.2 million for the third quarter of 2014, or $0.11 per...
30,000 acres identified for sugarcane
Issued: October 28, 2014
The Puerto Rico government has identified some 30,000 acres for its effort to revive the island’s sugarcane industry. ...
TV show filming pumps $7.3M into PR
Issued: October 28, 2014
Filming on the pilot for the Sony Pictures TV series “Mad Dogs” has pumped $7.3 million into Puerto Rico’s economy, according to the Economic...
García Padilla on trip to US mainland
Issued: October 27, 2014
Gov. Alejandro García Padilla headed to the U.S. mainland on Monday for a range of activities over the next week. ...
Economist: Time for PR control board
Issued: October 27, 2014
Economist Arturo Porzecanski has added his voice to scattered calls in Washington for Congress to consider creating a federal oversight board to...
Bahía Urbana surpassing 100 events in 2014
Issued: October 27, 2014
Bahía Urbana’s General Manager Linnette Isona is touting the San Juan Bay venue’s successful 2014 with more than 100 events between box office and...
Administration moves to spur home buying
Issued: October 27, 2014
Gov. Alejandro García Padilla is presenting measures to spur homeownership through the Mi Casa Propia program. ...
Carrión: We’re always on the lookout
Issued: October 26, 2014
Popular, Inc. is keeping it eyes open for potential acquisitions as it gets out from under a 2011 memorandum of understanding (MOU) with the Federal...
Horizon net rises to $9.5M in 3Q
Issued: October 24, 2014
Horizon Lines posted third-quarter net income of $9.5 million compared with net income of $1.6 million during the same three-month period a year ago. ...
Aguadilla muni wage going to $10.25
Issued: October 24, 2014
Aguadilla Mayor Carlos Méndez said Friday that the minimum wage for municipal government employees in the northwest coast city is going up to $10.25...
PR govt report: 35,000 fewer working
Issued: October 24, 2014
The Puerto Rico Labor Department said Wednesday there were 981,000 people employed on the island in September, 35,000 fewer workers than registered in...
PR properties make Condé Nast ‘best’ lists
Issued: October 24, 2014
Two Puerto Rico hotels were picked among the Caribbean and Atlantic region’s 10 best by the prestigious Condé Nast Traveler magazine. ...
Doral sues ex-CFO over confidentiality; star govt witness in $230M tax trial
Issued: October 24, 2014
Doral Financial Corp. has filed a $5 million lawsuit against a former chief financial officer alleging breach of contract tied to a confidentiality...
OFG: 3Q solid despite PR’s ‘economic malaise’
Issued: October 24, 2014
OFG Bancorp, the holding company of Puerto Rico’s Oriental Bank, reported income available to common shareholders for the third quarter totaled $16.1...
Construction begins on Crowley’s new LNG-powered ships for PR trade
Issued: October 23, 2014
Construction got under way this week on the first of two liquefied natural gas (LNG)-powered, combination container ships for Crowley Maritime...
GDB to host investor webcast next week
Issued: October 23, 2014
Puerto Rico’s Government Development Bank will host a webcast next week to update investors on Puerto Rico's fiscal and economic plans. ...
USDA grants SUAGM $454K for transmitters
Issued: October 23, 2014
The U.S. Agriculture Department has awarded a private university system in Puerto Rico nearly $454,000 under a federal program to make broadband and...
Appeal sought in PR gay marriage case
Issued: October 23, 2014
The five gay couples who sued the Puerto Rico government to end the island’s ban on same-sex marriages will appeal after a federal judge in San Juan...
Report: PR suffering from ‘toxic mix’ of policy uncertainty and austerity
Issued: October 22, 2014
Policy uncertainty is clouding the forecast for Puerto Rico’s economic growth, according to a new report from a Washington, D.C.,-based securities...


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