‘I love Puerto Rico tomatoes’ campaign takes SME win
October 27, 2014
Integrated communications campaign “I Love Puerto Rico Tomatoes” promoting the local tomato harvest for 2014, received top awards by the Puerto Rico Sales and Marketing Association during the recently held annual Marketing Excellence Awards Summit.
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Popular Inc.’s 3Q net income drops 72% year-over-year
October 23, 2014
Popular Inc. reported Wednesday net income of $62.6 million for the third quarter ended Sept. 30, which represents a 72 percent drop when compared to the $229.1 million reported for the same year-ago period.
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Ana G. Méndez University System gets $464K from USDA
October 23, 2014
The Ana G. Méndez University System has been selected to receive a $463,862 grant from the U.S. Department of Agriculture to replace analog microwave radio transmitters with digital radio transmitters, Rural Development State Director for Puerto Rico José Otero said Wednesday.
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WORA TV switching to ABC5 Puerto Rico on Nov. 1
October 23, 2014
Beginning Nov. 1, Telecinco Inc.'s WORA station will begin operating as ABC5 Puerto Rico, offering the ABC Television Network’s full programming lineup throughout the island.
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OPEN Puerto Rico gets donation from executive Prouty
October 23, 2014
OPEN Puerto Rico received what it called “a strong vote of confidence” this week from Nicholas Prouty, CEO of Putnam Bridge Funding LLC, who made an undisclosed donation to help the organization continue its efforts to facilitate and promote transparency in Puerto Rico.
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Infiniti sponsors ‘World Stars of Classical Ballet Gala’
October 23, 2014
Luxury automaker Infiniti recently sponsored the presentation of the World Stars of Classical Ballet Gala at the Luis A. Ferré Fine Arts Center in Santurce.
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Mercedes-Benz unveils new C-Class 2015 models
October 23, 2014
Mercedes-Benz this week unveiled two C-Class models: C300 4MATIC and the and a C400 4MATIC for the Puerto Rico market, which are currently on display as part of the Puerto Rico International Auto Show at the Plaza las Américas mall in Hato Rey.
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Hyatt breaks ground on 4th hotel in Puerto Rico
October 22, 2014
Hyatt Hotels Corp., PRISA Group and McConnell Valdés Consulting broke ground Tuesday on Puerto Rico’s fourth Hyatt-branded select service hotel, the $29.7 million Hyatt Place San Juan.
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Solavei wireless service finds success in Puerto Rico
October 22, 2014
Two years after making its debut in the Puerto Rico market, Washington-based Solavei has found success through its first-of-its kind social networking and commerce platform that enables customers to sign up for mobile voice and data services at a fraction of the competition’s cost.
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Locally produced newscast to debut on WAPA America
October 22, 2014
Starting Oct. 27 U.S. Hispanics will be able to watch a new Spanish-language primetime newscast produced specifically for the U.S. market by Puerto Rico's WAPA Television.
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GDB, Treasury provide liquidity, cash flow updates
October 20, 2014
As part of its initiative to enhance public disclosure, the Government Development Bank for Puerto Rico recently provided a “special liquidity update,” while the Treasury Department posted a Commonwealth General Fund cash flow projection for Fiscal 2015.
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USDA grants $153K to Puerto Rico for housing repairs
October 20, 2014
The U.S. Department of Agriculture recently granted Puerto Rico $153,345 to help rural families repair and rehabilitate their homes. The funding is included in a global $4.8 million the agency is doling out nationwide, U.S. Agriculture Secretary Tom Vilsack announced.
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Lilly to close Guayama plant in ’15 as part of realignment
October 17, 2014
Eli Lilly and Company announced Thursday plans to conclude production and pursue a sale of one of its Guayama plant, one of three operations it has in Puerto Rico. The site will remain in production until the end of 2015, company officials said.
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Puerto Rico auto sales on non-stop downward spiral
October 17, 2014
Auto sales in Puerto Rico continued their downward trend in Spetember, when 8.1 percent fewer vehicles went to new owners, marking the eighth consecutive month of this year showing negative results, according to numbers released Thursday by the United Automobile Importers Group.
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Doral employees urge to gov’t to end fight, spare jobs
October 17, 2014
A group of Doral Bank employees held a news conference Thursday, urging Gov. Alejandro García-Padilla to stop the government’s “attack” on their workplace, and “save their jobs.”
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