Islands

St Kitts and Nevis to Welcome Back International Cricket This Summer

Retrieved on: 
Friday, May 7, 2021
Countries, Islands, Landforms, Saint Kitts, Warner Park Sporting Complex, Nevis, Outline of Saint Kitts and Nevis, COVID-19 pandemic in Saint Kitts and Nevis

b'LONDON, May 7, 2021 /PRNewswire/ -- The Federation of St Kitts and Nevis will be hosting the 2021 Hero Caribbean Premier League this August and three one-day international matches in July.

Key Points: 
  • b'LONDON, May 7, 2021 /PRNewswire/ -- The Federation of St Kitts and Nevis will be hosting the 2021 Hero Caribbean Premier League this August and three one-day international matches in July.
  • All thirty-three games will take place in St Kitts\' Warner Park Sporting Complex.
  • The move demonstrates the islands\' efficient management of the COVID-19 pandemic, which has seen a total of 44 recorded cases, zero deaths and no community spread.\nNonetheless, St Kitts and Nevis will continue to implement robust health and safety measures.
  • "\nSports, particularly cricket, is a prominent pastime in the Federation and its development remains high on government priorities.

What's New In The Bahamas In May

Retrieved on: 
Thursday, May 6, 2021
Countries, Islands, Landforms, The Bahamas, Lynden Pindling, Exuma, Nassau, Bahamas, Fort Lauderdale–Hollywood International Airport, Outline of the Bahamas

b'NASSAU, Bahamas, May 6, 2021 /PRNewswire/ -- Travelers wishing for idyllic sandy beaches and irresistible blue waters will find their paradise in The Bahamas this summer.\nPeople-to-People Goes Virtual The beloved program, connecting visitors with locals for 45 years, now offers five free virtual sessions with ambassadors in The Bahamas.

Key Points: 
  • b'NASSAU, Bahamas, May 6, 2021 /PRNewswire/ -- Travelers wishing for idyllic sandy beaches and irresistible blue waters will find their paradise in The Bahamas this summer.\nPeople-to-People Goes Virtual The beloved program, connecting visitors with locals for 45 years, now offers five free virtual sessions with ambassadors in The Bahamas.
  • To book, visit: https://www.bahamas.com/plan-your-trip/people-to-people .\nIncreased Airlift American Airlines launches direct flights from Austin-Bergstrom International Airport (ABIA) to Lynden Pindling International Airport (NAS) June 5, 2021.
  • Booking window: April 5 - May 10, 2021.\nExtended Stay Deals Guests who book an extended stay - 14 days or longer - at Grand Isle Resort on Great Exuma can receive up to 50% off.
  • Margaretville Beach Resort in Nassau is also offering guests who stay 14 days or longer special pricing of up to 40% off regular rates.\nTravel Advisor Appreciation Celebrating "Travel Advisor Month" in May, Warwick Paradise Island Bahamas is offering rates and a 3rd night free for travel advisors booking now through May 31, for stays through December 20, 2021.\nFor an overview of The Bahamas\' travel and entry protocols, visit Bahamas.com/travelupdates .\n'

Ambac Reschedules Release of First Quarter 2021 Results and Conference Call to May 10, 2021

Retrieved on: 
Thursday, May 6, 2021
Banking, Professional services, Finance, Ambac, Spanish Empire, Ambac, PUERTO RICO, Countries, New York Stock Exchange, Islands

b'Ambac Financial Group, Inc. (NYSE: AMBC), a financial services holding company, today announced that it has rescheduled the release of its first quarter 2021 results to May 10, 2021, before market open.

Key Points: 
  • b'Ambac Financial Group, Inc. (NYSE: AMBC), a financial services holding company, today announced that it has rescheduled the release of its first quarter 2021 results to May 10, 2021, before market open.
  • Ambac is rescheduling the release to allow it to consider the possible effect on first quarter results of the May 5th announcement by the Financial Oversight and Management Board (\xe2\x80\x9cFOMB\xe2\x80\x9d) for Puerto Rico.
  • A live audio webcast of the call will be available through the Investor Relations section of Ambac\xe2\x80\x99s website, www.ambac.com .
  • The Amended and Restated Certificate of Incorporation of Ambac contains substantial restrictions on the ability to transfer Ambac\xe2\x80\x99s common stock.

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
Professional services, Insurance, Finance, Spanish Empire, CCDA, PUERTO RICO, Countries, Islands

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
Insurance, Professional services, Spanish Empire, New Spain, PUERTO RICO, Humana, Countries, Islands

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.

Seabourn Charts A 65-day Nautical Journey With New "Grand Pacific Voyage 2022: A World Of Islands"; Now Open For Sale

Retrieved on: 
Tuesday, May 4, 2021
Countries, Island countries, Small Island Developing States, Islands, Carnival Corporation & plc, Seabourn Cruise Line, Ureparapara, Maupiti, Tahiti, FIJI, FRENCH POLYNESIA

"French Polynesia and Tahiti belong on everyone\'s must-visit list, and there is no more appealing way to check them off than on board Seabourn Odyssey.

Key Points: 
  • "French Polynesia and Tahiti belong on everyone\'s must-visit list, and there is no more appealing way to check them off than on board Seabourn Odyssey.
  • Destinations with the excursions include Maupiti Island, French Polynesia; Ureparapara, Vanuatu; Ghizo Island, Solomon Islands; and Savusavu, Vanau Levu, Fiji, to name a few.
  • @SeabournCruise launches 65-day "Grand Pacific Voyage 2022: A World of Islands" aboard #SeabournOdyssey for once-in-a-lifetime adventures in 41 ports, 30 islands, and 12 countries.
  • Seabourn is the official cruise partner of UNESCO World Heritage under a multi-year agreement to help promote sustainable tourism at World Heritage sites around the world.

First BanCorp. Announces Payment of Dividends on Preferred Stock

Retrieved on: 
Monday, May 3, 2021
Banking, Professional services, Finance, Spanish Empire, First Bancorp, FirstBank, First Bank, Dividend, Countries, PUERTO RICO, Islands

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
Banking, Professional services, Finance, Spanish Empire, Popular, Inc., Rosemont, Illinois, Countries, PUERTO RICO, Islands

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.

OFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend

Retrieved on: 
Wednesday, April 28, 2021
Banking, Professional services, Finance, Insular areas of the United States, Small Island Developing States, OFG Bancorp, Countries, Islands, Spanish Empire, Oriental Bank, Dividends, Ex-dividend date, PUERTO RICO, United States Virgin Islands, First Bancorp

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'

Report for America fights crisis in local news, expands into 200-plus newsrooms with 300 journalists

Retrieved on: 
Tuesday, April 27, 2021
Spanish Empire, Journalism, Newsroom, PUERTO RICO, Countries, Islands

b'NEW YORK, April 27, 2021 /PRNewswire-PRWeb/ -- Report for America today announced the placements of some 300 journalists for its 2021 reporting corps.

Key Points: 
  • b'NEW YORK, April 27, 2021 /PRNewswire-PRWeb/ -- Report for America today announced the placements of some 300 journalists for its 2021 reporting corps.
  • "\nReport for America is a national service program that places journalists into local newsrooms to report on under-covered issues and communities.
  • It is an initiative of The GroundTruth Project , a nonprofit journalism organization.\nThe corps members will begin their new assignments in June.
  • "\nThe 200-plus newsrooms are in 49 states, plus Washington, D.C., Puerto Rico and for the first time, Guam.