First BanCorp., the parent company for FirstBank Puerto Rico, reported Wednesday a net loss of $122.6 million for the second quarter of 2013, or $0.60 per diluted share, compared to a net loss of $72.6 million, or $0.35 per diluted share, for the first quarter of 2013 and net income of $9.4 million, or $0.05 per diluted share for the second quarter of 2012.
The government of Puerto Rico will be investing $1.2 million to assist farmers in Lajas and Guánica to begin harvesting long-grain brown rice as part of a pilot project that should produce 6.5 million pounds of the grain by December.
While many Puerto Rico residents will kick off a four-day weekend today, commercial banks will be observing the July 25th Constitution Day celebration and Saturday’s José Celso Barbosa holiday with special hours.
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