Spanish Empire

Popular, Inc. Declares a Cash Dividend of $0.45 per Common Share

Retrieved on: 
Thursday, May 6, 2021

b'Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.45 per share on its outstanding common stock.

Key Points: 
  • b'Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.45 per share on its outstanding common stock.
  • Founded in 1893, Banco Popular de Puerto Rico, Popular\xe2\x80\x99s principal subsidiary, provides retail, mortgage and commercial banking services in Puerto Rico and the U.S. Virgin Islands.
  • Popular also offers in Puerto Rico auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries.
  • In the mainland United States, Popular provides retail, mortgage and commercial banking services through its New York-chartered banking subsidiary, Popular Bank, which has branches located in New York, New Jersey and Florida.\n'

Assured Guaranty Signs Plan Support Agreement for Puerto Rico Clawback Credits and Continues to Support GO and PBA Plan Support Agreement

Retrieved on: 
Thursday, May 6, 2021

The settlement outlined under the HTA/CCDA PSA was agreed in principle by Assured Guaranty Municipal Corp. (AGM), Assured Guaranty Corp. (AGC), the Financial Oversight and Management Board for Puerto Rico (FOMB) and other creditors on April 12, 2021.

Key Points: 
  • The settlement outlined under the HTA/CCDA PSA was agreed in principle by Assured Guaranty Municipal Corp. (AGM), Assured Guaranty Corp. (AGC), the Financial Oversight and Management Board for Puerto Rico (FOMB) and other creditors on April 12, 2021.
  • With the execution of the HTA/CCDA PSA, Assured Guaranty also affirms its support of the Puerto Rico General Obligation (GO) and Public Buildings Authority (PBA) Plan Support Agreement (the GO/PBA PSA).\n\xe2\x80\x9cThis is a milestone achievement on the path to Puerto Rico\xe2\x80\x99s economic revitalization,\xe2\x80\x9d said Dominic Frederico, Assured Guaranty\xe2\x80\x99s President and CEO.
  • \xe2\x80\x9cWe have long believed a consensual, comprehensive approach represented the best outcome for the parties involved.
  • Such statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements.

AM Best Revises Outlooks to Stable for Humana Inc. and Its Subsidiaries

Retrieved on: 
Tuesday, May 4, 2021

Concurrently, AM Best has revised the outlook to stable from positive and affirmed the Long-Term ICR of \xe2\x80\x9cbbb-\xe2\x80\x9d and the Long-Term Issue Credit Ratings (Long-Term IRs) of Humana.

Key Points: 
  • Concurrently, AM Best has revised the outlook to stable from positive and affirmed the Long-Term ICR of \xe2\x80\x9cbbb-\xe2\x80\x9d and the Long-Term Issue Credit Ratings (Long-Term IRs) of Humana.
  • AM Best also has affirmed the Short-Term Issue Credit Rating (Short-Term IR) of Humana.\nIn addition, AM Best has revised the outlooks to stable from negative and affirmed the FSR of B++ (Good) and the Long-Term ICRs of \xe2\x80\x9cbbb\xe2\x80\x9d 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.
  • AM Best notes that Humana does have a history of providing capital support to its subsidiaries when needed.

First BanCorp. Announces Payment of Dividends on Preferred Stock

Retrieved on: 
Monday, May 3, 2021

is the parent corporation of FirstBank Puerto Rico, a state-chartered commercial bank with operations in Puerto Rico, the U.S. and British Virgin Islands and Florida, and of FirstBank Insurance Agency, LLC.

Key Points: 
  • is the parent corporation of FirstBank Puerto Rico, a state-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.
  • First BanCorp\xe2\x80\x99s shares of common stock trade on the New York Stock Exchange under the symbol \xe2\x80\x9cFBP.\xe2\x80\x9d\nThis press release may contain \xe2\x80\x9cforward-looking statements\xe2\x80\x9d concerning the Corporation.
  • Such forward-looking statements include, but are not limited to, statements regarding the Corporation\xe2\x80\x99s ability to declare dividends on the Corporation\xe2\x80\x99s Preferred Stock in any future periods.

Popular Announces Entry into $350 Million Accelerated Share Repurchase Agreement

Retrieved on: 
Monday, May 3, 2021

b'Popular, Inc. (\xe2\x80\x9cPopular\xe2\x80\x9d or the \xe2\x80\x9cCorporation\xe2\x80\x9d) (NASDAQ: BPOP) announced today that it has entered into an accelerated share repurchase agreement (the \xe2\x80\x9cASR Agreement\xe2\x80\x9d) to repurchase an aggregate of $350 million of Popular\xe2\x80\x99s common stock.

Key Points: 
  • b'Popular, Inc. (\xe2\x80\x9cPopular\xe2\x80\x9d or the \xe2\x80\x9cCorporation\xe2\x80\x9d) (NASDAQ: BPOP) announced today that it has entered into an accelerated share repurchase agreement (the \xe2\x80\x9cASR Agreement\xe2\x80\x9d) to repurchase an aggregate of $350 million of Popular\xe2\x80\x99s common stock.
  • Furthermore, as a result of the receipt of the Initial Shares, the Corporation will recognize in shareholders\xe2\x80\x99 equity approximately $280 million in treasury stock and $70 million as a reduction of capital surplus.
  • Founded in 1893, Banco Popular de Puerto Rico, Popular\xe2\x80\x99s principal subsidiary, provides retail, mortgage and commercial banking services in Puerto Rico and the U.S. Virgin Islands.
  • Popular also offers in Puerto Rico auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries.

ISG Announces David Berger to Retire as CFO in June; Bert Alfonso Named Executive Vice President and CFO

Retrieved on: 
Friday, April 30, 2021

I want to thank David for his thoughtful retirement transition planning and his support over the coming months.

Key Points: 
  • I want to thank David for his thoughtful retirement transition planning and his support over the coming months.
  • He spent 10 years with The Hershey Company in executive roles, including chief financial officer and president of Hershey International.
  • Prior to Hershey, he was executive vice president and CFO of Cadbury Schweppes Americas beverages and vice president and CFO of the Adams Division of Pfizer.\nA native of Cuba, Alfonso has lived in Argentina, Canada, Puerto Rico, the U.K. and the U.S.
  • He holds an MBA degree in marketing and a bachelor\xe2\x80\x99s degree in accounting from Rutgers University.

OFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend

Retrieved on: 
Wednesday, April 28, 2021

b'OFG Bancorp (NYSE: OFG) today announced its Board of Directors declared a regular quarterly cash dividend of $0.08 per common share for the quarter ending June 30, 2021.

Key Points: 
  • b'OFG Bancorp (NYSE: OFG) today announced its Board of Directors declared a regular quarterly cash dividend of $0.08 per common share for the quarter ending June 30, 2021.
  • The dividend is payable July 15, 2021, to holders of record at June 30, 2021, with an ex-dividend date of June 29, 2021.\nNow in its 57th 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.
  • Its three principal subsidiaries, Oriental Bank, Oriental Financial Services and Oriental Insurance, provide a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico and U.S. Virgin Islands.
  • Visit us at www.ofgbancorp.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210428006054/en/\n'

Mark J. Shikowitz, MD, MBA, FACS is recognized by Continental Who's Who

Retrieved on: 
Wednesday, April 28, 2021

He also provides treatment and surgeries for all types of ENT issues.

Key Points: 
  • He also provides treatment and surgeries for all types of ENT issues.
  • He completed his undergraduate studies at Syracuse University, where he earned his Bachelor of Science degree in Biology.
  • Following graduation, he relocated to the Dominican Republic where he obtained his Medical Degree at the University of Dominicus.
  • Furthermore, Dr. Mark Shikowitz is the author of "Speech and swallowing rehabilitation following devastating caustic ingestion: techniques and indicators for success".\nDr.

Teamsters Take A Stand To Keep American Families United, Urge For Passage Of Bill

Retrieved on: 
Wednesday, April 28, 2021

"But given the pathetic state of the nation\'s immigration laws, they were left with no good alternatives.

Key Points: 
  • "But given the pathetic state of the nation\'s immigration laws, they were left with no good alternatives.
  • "I don\'t believe that what has happened to my family is what Congress or the American people intend or want from our nation\'s immigration system," he wrote.
  • "\nFounded in 1903, the International Brotherhood of Teamsters represents 1.4 million hardworking men and women throughout the United States, Canada and Puerto Rico.
  • Follow us on Twitter @Teamsters and "like" us on Facebook at www.facebook.com/teamsters .\n'

B&G Foods Announces Date of First Quarter 2021 Earnings Conference Call

Retrieved on: 
Tuesday, April 27, 2021

b'B&G Foods, Inc. (NYSE: BGS) announced today that it intends to issue a press release with first quarter 2021 financial results after the market close on Tuesday, May 11, 2021.

Key Points: 
  • b'B&G Foods, Inc. (NYSE: BGS) announced today that it intends to issue a press release with first quarter 2021 financial results after the market close on Tuesday, May 11, 2021.
  • B&G Foods has scheduled a conference call at 4:30 p.m.
  • A replay of the webcast will be available following the conference call through the same link.\nBased in Parsippany, New Jersey, B&G Foods and its subsidiaries manufacture, sell and distribute high-quality, branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico.
  • For more information about B&G Foods and its brands, please visit www.bgfoods.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210427005977/en/\n'