Doral Bank announced Wednesday plans to increase its ATM network by more than 100 percent with the addition of 55 new machines at Walgreens drugstores islandwide. The expansion should push the number of ATMs to about 200, company officials said during a morning news conference.
First BanCorp, parent of FirstBank Puerto Rico reported a net loss of $14.8 million for the fourth quarter of 2011, compared to a net loss of $24 million for the third quarter of 2011 and a net loss of $251.4 million for the same year-ago period in 2010.
Nearly 50 years after it was founded in Arecibo, the world’s foremost single-dish radio telescope facility is the focus of a massive redevelopment project that calls for the construction of a hotel and planetarium to the tune of $50 million, government and facility officials said Tuesday.