Popular Inc. reported net income of $3 million for the quarter ended Dec. 31, 2011, compared with net income of $27.5 million for the quarter ended Sept. 30, 2011, and a net loss of $227.1 million for the quarter ended Dec. 31, 2010.
Doral Financial, the holding company of Doral Bank and Doral Bank FSB, reported net income of $4.5 million for the quarter ended June 30, 2011, compared to $3.3 million for the quarter ended March 31, 2011.
Automaker Ford reported an increase in sales of 39 percent during the first quarter of 2011 in Puerto Rico, ranking second behind Toyota Puerto Rico, with 2,329 new units sold during the three-month period, Waldo Galán, general director of Ford International Business Development for Puerto Rico said Thursday.
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