The massive B767-300 jet carrying about 270 passengers from Frankfurt, Germany landed at the Luis Muñoz Marín Airport mid-afternoon Wednesday, marking the return of Condor Airlines following a significant absence from the local market.
First BanCorp, the bank holding company for FirstBank Puerto Rico, announced late Wednesday that it will delist its preferred stock from the New York Stock Exchange, effective before the market opens Jan. 17.
QBE Insurance Group announced Wednesday it has agreed to acquire Optima Insurance Group, an underwriting group in Puerto Rico that posted an estimated $100 million in gross written premium in 2011. The financial terms of the deal were not revealed.