Investors should avoid buying municipal bonds from Puerto Rico, Alexandra Lebenthal, president and CEO of Lebenthal Holdings, tells CNBC.» Read More
SAN JUAN, Puerto Rico-- Popular Inc., which operates Banco Popular and other banks in Puerto Rico and the U.S., said Friday its third-quarter profit jumped 71 percent amid continued stable revenue and declining bad loans. Popular reported net income of $47.2 million, or 45 cents per share, in the July-September quarter.
This five-foot-tall character with a foam head painted with outrageous red lips, a shrill voice and a penchant for salacious details rules Puerto Rico's gossip circuit, with legions tuning into her show every afternoon ready for the latest bombshell.
Organizers said some 14 million people, including 9.3 million in California, signed up to participate. The drill was held in some Western and southeastern states, as well as Guam, Puerto Rico and parts of Canada and Italy.
Apollo Group Inc. said Tuesday that its fiscal fourth-quarter net income tumbled 60 percent, hurt by higher costs and declining enrollment at the University of Phoenix.
Rating Action On Sept. 21, 2012, Standard& Poor's Ratings Services affirmed its' Api' counterparty credit and financial strength ratings on Southern Farm Bureau Life Insurance Co.. SFBL commenced operations in 1946. It is a stock company based in Jackson, Miss., and is licensed in 12 states and Puerto Rico.
Rating Action On Sept. 21, 2012, Standard& Poor's Ratings Services affirmed its' Api' counterparty credit and financial strength ratings on Gerber Life Insurance Co.. GLIC is licensed in all 50 states, Puerto Rico, the District of Columbia, and Canada.
SAN JUAN, Puerto Rico-- The government of Puerto Rico has formally withdrawn plans to build a natural gas pipeline after investing more than $50 million in a project that provoked strong opposition from islanders and environmentalists.
KINGSTON, Jamaica-- Jamaica is stepping up mosquito eradication across the island and urging school children to stamp out breeding grounds to combat an epidemic of dengue fever, the Caribbean country's health minister said Thursday.
NEW ORLEANS-- Louisiana- made films are being shown alongside the work of filmmakers from across the world at the New Orleans Film Festival, which opened Thursday night with a red-carpet showing of the Louisiana- shot thriller "The Paperboy."
*To offer medicare prescription drug, health plans at select Walgreens in. *To collaborate with Walgreens during upcoming medicare annual election period. in Florida and Puerto Rico* Source text* Further company coverage.
ISSAQUAH, Wash.-- Costco is drawing more shoppers and signing up more new members, helping the wholesale club operator's fiscal fourth-quarter net income and revenue climb. Consumers have been drawn to stores like Costco, BJ's Wholesale Club and Sam's Club because they feel like they are getting bargains by purchasing items in bulk.
ISSAQUAH, Wash.-- Shoppers continue to head to Costco in search of deals, helping the wholesale club operator's fiscal fourth-quarter net income and revenue climb. Consumers have been drawn to stores like Costco, BJ's Wholesale Club and Sam's Club because they feel like they are getting bargains by purchasing items in bulk.
*Merchandising chief moves to True Religion Apparel. Oct 5- Wet Seal Inc replaced four board members with Clinton Group nominees, putting the activist investor in a stronger position to push for a sale of the struggling clothing retailer.
*Chairman Harold Kahn among those who resigned. Oct 5- Wet Seal Inc replaced four board members with Clinton Group nominees, putting the activist investor in a stronger position to push for a sale of the struggling clothing retailer.
SAN JUAN, Puerto Rico-- The U.S. government has a new fight in Vieques, the Puerto Rican island that was used as a Navy bombing range for decades. Under a proposal favored by the Navy, the cleanup of the area would be deemed complete even though about 200 acres has not been cleared of munitions debris, some potentially still live.
FOOTHILL RANCH, Calif.-- In a win for The Clinton Group, the chairman of Wet Seal and three other directors have stepped down from its board, replaced by four nominees of the activist investor group unhappy with the struggling teen retailer's performance. Wet Seal Inc., based in Foothill Ranch, Calif., and The Clinton Group have been in a proxy fight.
NEW YORK-- Shares of Cache Inc. sank Friday after the women's clothing retailer announced disappointing preliminary results for the third quarter. Cache said it will lose 39 to 41 cents per share for the quarter ended Sept. 29, and its revenue will be down about 6 percent, to $45.8 million.
Oct 3- Fitch Ratings has assigned a' BBB+' rating to the $350 million aggregate principal amount 2.00% coupon senior unsecured notes due 2018 and $450 million aggregate principal amount 3.25% coupon senior unsecured notes due 2022 issued by Realty Income Corporation. Fitch currently rates Realty Income as follows:.
*Bristol to return rights to Plavix, Avapro to Sanofi. *Sanofi to make $200 mln terminal payment to Bristol in 2018. *Sanofi shares down 0.8 pct By James Regan.
This will give Sanofi sole commercial control of the two treatments, although Bristol-Myers will keep rights to Plavix in the United States and Puerto Rico. In return, Sanofi will pay Bristol-Myers royalty payments through 2018 on its sales of branded and unbranded Plavix worldwide, excluding the U.S. and Puerto Rico, and on sales of Avapro/Avalide.