Spanish Empire

PAOG Cannabis Pharma Initiative Stands to Benefit From Senator Marco Rubio and Congresswoman Jenniffer González Colón New Bill

Tuesday, August 11, 2020 - 5:19pm

SANDUSKY, Ohio, Aug. 11, 2020 /PRNewswire/ -- PAO Group, Inc. (USOTC: PAOG) today announced that the company's ongoing business development initiative in Puerto Rico could benefit from a new bill introduced by Senator Marco Rubio and Congresswoman Jenniffer Gonzlez Coln.

Key Points: 
  • SANDUSKY, Ohio, Aug. 11, 2020 /PRNewswire/ -- PAO Group, Inc. (USOTC: PAOG) today announced that the company's ongoing business development initiative in Puerto Rico could benefit from a new bill introduced by Senator Marco Rubio and Congresswoman Jenniffer Gonzlez Coln.
  • Congresswoman Jenniffer Gonzlez Coln and Florida Senator Marco Rubio introduced legislation last week to position Puerto Rico as a national production center of medical equipment and drugs.
  • "The coronavirus pandemic has made it clear that we must rebuild our national manufacturing capacity, especially in our medical industry," Rubio said .
  • In the interview, Mr. DiPrima confirms a recently published new PAOG website and the coming publication of PAOG's financial reports.

AM Best Affirms Credit Ratings of Humana Inc. and Majority of Its Health Subsidiaries; Maintains Positive Outlooks

Thursday, August 6, 2020 - 8:17pm

Concurrently, AM Best has affirmed the Long-Term ICR of bbb- and the existing Long-Term Issue Credit Ratings (Long-Term IRs) of Humana.

Key Points: 
  • Concurrently, AM Best has affirmed the Long-Term ICR of bbb- and the existing Long-Term Issue Credit Ratings (Long-Term IRs) of Humana.
  • The health and dental subsidiaries are collectively referred to as Humana Health Group.
  • Moreover, AM Best has affirmed the FSR of B++ (Good) and the Long-Term ICRs of bbb of the following Humana subsidiaries, Humana Insurance of Puerto Rico, Inc. and Humana Health Plans of Puerto Rico, Inc.
  • These companies are domiciled in Puerto Rico and collectively are referred to as Humana Health of Puerto Rico Group.

We Are California Calls on LA County to Address Health and Economic Inequality

Wednesday, August 5, 2020 - 10:37pm

More striking still is that 72% of COVID fatalities for those under 65 years of age are Latino.

Key Points: 
  • More striking still is that 72% of COVID fatalities for those under 65 years of age are Latino.
  • The group is requesting County leaders to make the following efforts to reduce cases and deaths among Latinos and, more broadly, Angelenos.
  • We Are California / Somos California (Somos California) is a group of Latino leaders in Southern California originally formed to coordinate activities commemorating 25 years since the passage of Proposition 187.
  • Somos California has since continued its work by focusing on emerging issues affecting Californias Latino communities.

Schnitzer Board Declares Quarterly Dividend

Friday, July 31, 2020 - 11:30pm

The Board of Directors of Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) declared a cash dividend of $0.1875 per common share, payable August 24, 2020, to shareholders of record on August 10, 2020.

Key Points: 
  • The Board of Directors of Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) declared a cash dividend of $0.1875 per common share, payable August 24, 2020, to shareholders of record on August 10, 2020.
  • Schnitzer has paid a dividend every quarter since going public in November 1993.
  • Schnitzer Steel Industries, Inc. is one of the largest manufacturers and exporters of recycled metal products in North America with operating facilities located in 23 states, Puerto Rico and Western Canada.
  • Schnitzer has seven deep water export facilities located on both the East and West Coasts and in Hawaii and Puerto Rico.

First BanCorp. Receives Regulatory Approval for Acquisition of Banco Santander Puerto Rico

Tuesday, July 28, 2020 - 12:35pm

(the Corporation) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (FirstBank), announced today that it has received the requisite regulatory approvals from the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation and the Office of the Commissioner of Financial Institutions of Puerto Rico for FirstBank to consummate the previously announced acquisition of the Puerto Rico operations of Banco Santander Puerto Rico (Santander).

Key Points: 
  • (the Corporation) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (FirstBank), announced today that it has received the requisite regulatory approvals from the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation and the Office of the Commissioner of Financial Institutions of Puerto Rico for FirstBank to consummate the previously announced acquisition of the Puerto Rico operations of Banco Santander Puerto Rico (Santander).
  • We expect that this acquisition will significantly improve our scale and competitiveness in Puerto Rico and will be financially compelling to optimize the use of our excess capital.
  • is the parent corporation of FirstBank Puerto Rico, a Puerto Rico-chartered commercial bank with operations in Puerto Rico, the U.S. and British Virgin Islands and Florida, and of FirstBank Insurance Agency, LLC.
  • Among the subsidiaries of FirstBank Puerto Rico are First Federal Finance Limited Liability Company and First Express, Inc., both small loan companies.

OFG Bancorp Reports 2Q20 Results

Friday, July 24, 2020 - 12:30pm

OFG Bancorp (NYSE: OFG) today reported results for the second quarter ended June 30, 2020.

Key Points: 
  • OFG Bancorp (NYSE: OFG) today reported results for the second quarter ended June 30, 2020.
  • A conference call to discuss 2Q20 results, outlook and related matters will be held today at 10:00 AM Eastern Time.
  • Results were also impacted by the Federal Reserve Bank 150 bps rate cut in March.
  • Now in its 56th year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands banking laws and regulations.

Triple-S Management Corporation Schedules Second Quarter 2020 Earnings Release and Conference Call

Thursday, July 23, 2020 - 9:15pm

SAN JUAN, Puerto Rico, July 23, 2020 /PRNewswire/ --Triple-S Management Corporation (NYSE: GTS) today announced that it plans to release financial results for the second quarter ended June 30, 2020 before the market opens on Thursday, August 6, 2020.

Key Points: 
  • SAN JUAN, Puerto Rico, July 23, 2020 /PRNewswire/ --Triple-S Management Corporation (NYSE: GTS) today announced that it plans to release financial results for the second quarter ended June 30, 2020 before the market opens on Thursday, August 6, 2020.
  • The conference call will also be simulcast live on the Internet, and can be accessed by logging onto www.triplesmanagement.com .
  • Triple-S Management Corporation is an independent licensee of the Blue Cross Blue Shield Association.
  • Triple-S Management has the exclusive right to use the Blue Cross Blue Shield name and mark throughout Puerto Rico, the U.S. Virgin Islands, and Costa Rica.

Cannabis Banking: Swissx Launches California Bank and Farming Program

Thursday, July 23, 2020 - 8:17pm

Malibu, CA, July 23, 2020 (GLOBE NEWSWIRE) -- Swissx has launched the Swissx Bank of California, an extension of its Swiss-based Bank of Cannabis, it was announced today.

Key Points: 
  • Malibu, CA, July 23, 2020 (GLOBE NEWSWIRE) -- Swissx has launched the Swissx Bank of California, an extension of its Swiss-based Bank of Cannabis, it was announced today.
  • The Swissx farming program already has 200 acres planted in California, along with thousands in Switzerland, Puerto Rico and Antigua.
  • Our Bank of Cannabis is now helping farmers get in at ground level on the business of the future, across the Caribbean and now in California.
  • For more information about Swissx and its farming program, visit Swissx.com
    For photos, press info, or to request an interview with Alki David: press@swissx.com

Planet Fitness, Inc. to Report Second Quarter 2020 Results on August 4, 2020

Tuesday, July 21, 2020 - 9:05pm

HAMPTON, N.H., July 21, 2020 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company will report results for its second quarter ended June 30, 2020 after the market closes on Tuesday, August 4, 2020.

Key Points: 
  • HAMPTON, N.H., July 21, 2020 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company will report results for its second quarter ended June 30, 2020 after the market closes on Tuesday, August 4, 2020.
  • The Company will discuss its financial results on a conference call scheduled at 4:30 p.m. Eastern Time on Tuesday, August 4, 2020.
  • As of March 31, 2020, Planet Fitness had more than 15.5 million members and 2,039 stores in 50 states, the District of Columbia, Puerto Rico, Canada, the Dominican Republic, Panama, Mexico and Australia.
  • More than 95% of Planet Fitness stores are owned and operated by independent business men and women.

Independent Sector Releases New Value of Volunteer Time of $27.20 Per Hour

Tuesday, July 21, 2020 - 3:51pm

Washington, July 21, 2020 (GLOBE NEWSWIRE) -- Today, Independent Sector, with the Do Good Institute, announces that the latest value of a volunteer hour is $27.20 up 7% from the previous year.

Key Points: 
  • Washington, July 21, 2020 (GLOBE NEWSWIRE) -- Today, Independent Sector, with the Do Good Institute, announces that the latest value of a volunteer hour is $27.20 up 7% from the previous year.
  • With the new Value of Volunteer Time, these community champions are contributing approximately $187.7 billion to our nation.
  • In addition to the national number, Independent Sector also provides the state-level value of volunteer time for all 50 states, the District of Columbia, and Puerto Rico.
  • For more on the Value of Volunteer Time, the methodology, and to explore historical national and state-level data, visit independentsector.org/valuevolunteers .