High prospects for Puerto Rico Bath & Body Works stores
October 29, 2013
Retailer Bath & Body Works made its highly anticipated debut in Puerto Rico Monday — more than two decades after first setting up shop in Ohio — with the opening of a 4,700 square-foot store in the Plaza Las Américas mega-mall in Hato Rey.
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Oriental records $16.2M profit in 3Q13
October 29, 2013
OFG Bancorp reported Monday its results for the third quarter ended Sept. 30, which showed income available to common shareholders of $16.2 million, up 10 percent from the $14.7 million reported in the same year-ago quarter.
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Survey: Professional growth must be ongoing process
October 28, 2013
Constant changes in the labor market make it necessary to develop a career plan, have initiative, and be in continuous training to be competitive in the face of new daily challenges.
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Pharmaceutical industry preparing for transformation
October 28, 2013
The Puerto Rico Pharmaceutical Industry Association will be hosting its 24th annual convention this week, when local and stateside speakers will discuss strategies that companies can apply to transform for a better future — this year’s theme.
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Abertis to recognize academic excellence in Puerto Rico
October 28, 2013
Students or alumni of accredited universities in Puerto Rico that have submitted a master or doctoral dissertation related to the management of infrastructure and transportation services this year, may qualify to receive the “abertis in Transportation and Infrastructure Management” award, company officials said.
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Op-Ed: SBA ‘tickled pink’ about women entrepreneurs
October 28, 2013
For more than two decades now during the month of October, the color pink has been a symbol of awareness, and women and men alike across the world unabashedly wear it in support of breast cancer victims and its survivors.
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Puerto Rico Products Assoc., Orlando CofC team up
October 28, 2013
The Puerto Rico Products Association and the Hispanic Chamber of Commerce of Metro Orlando recently signed a collaborative agreement with the goal of promoting products and services in Puerto Rico through entrepreneurs and investors in the central Florida city.
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Gov’t to promote Puerto Rico as int’l insurance hub
October 28, 2013
Several Puerto Rican government officials will be heading to London this week to promote the island as a potential hub for insurance companies.
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Popular Foundation marks ‘Make a Difference Day’
October 28, 2013
Thousands of Banco Popular employees and their families donated their time Saturday to participate in the “Make a Difference Day,” to support nearly 100 community projects in Puerto Rico, the U.S. Virgin Islands and the U.S. mainland.
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Santander Puerto Rico earns 12M euros in 3Q13
October 25, 2013
Banco Santander Puerto Rico reported a profit for the third quarter of 12 million euros and 64 million through September, an increase of 69.8 percent year-over-year.
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S&P affirms Puerto Rico’s ‘BBB-’ rating, negative outlook
October 25, 2013
Standard & Poor's Ratings Services this week affirmed its 'BBB-' rating and negative outlook on Puerto Rico’s general obligation (GO) and appropriation debt, based on — among other things — the commonwealth's weak economic trends that began in fiscal 2007, including population declines and economic contraction.
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Puerto Rico Bankers Assoc. opens call for video contest
October 25, 2013
The Puerto Rico Bankers Association and the New York Federal Reserve Bank announced Thursday the open call for the fifth edition of the “Puerto Rico Financial Awareness Video Contest 2013.”
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First BanCorp earns $15.9M in 3Q13
October 24, 2013
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported Wednesday net income of $15.9 million for the third quarter of 2013, or $0.08 per diluted share, compared to a net loss of $122.6 million, or $0.60 per diluted share, for the second quarter of 2013 and net income of $19.1 million, or $0.09 per diluted share, for the third quarter of 2012.
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Popular submits application to repay $935M TARP funds
October 24, 2013
Popular Inc., parent company of Banco Popular de Puerto Rico, has filed its application to repay the $935 million it owes the U.S. government through the Troubled Asset Relief Program, bank CEO Richard Carrión said Wednesday upon discussing third quarter financial results.
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’13 ‘Poder Business Awards’ to honor singer Martin
October 24, 2013
Puerto Rican music superstar Ricky Martin will be honored during this year’s 12th annual “Poder Business Award” for his achievements in entertainment as well as his support of the worldwide fight against child exploitation, event director Nicolas Ibarguen said Wednesday.
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