February 28, 2008   AIR JAMAICA: To Offer Four US-Jamaica Daily Non-stop Flights Air Jamaica will offer four daily nonstop flights between JFK and Jamaica starting April 1, 2008, to meet the overwhelming demand from the Greater New York area’s leisure travelers, businesses and Diaspora communities... Read More AXTEL SAB: Earns MXN491 Million in 2007 Axtel, S.A.B. de C.V., said that its net profit increased 121% to MXN491 million in 2007, from 2006... Read More CABLE & WIRELESS: Panamanian Unit Earns US$61.6MM in 9 Months Cable & Wireless' Panamanian unit's net earnings increased 40% to US$61.6 million for the April 1-Dec. 31 period of fiscal year 2008, compared to US$43.9 million registered in the same three quarters of fiscal year 2007, Business News Americas reports... Read More CHIQUITA BRANDS: S&P Assigns 'CCC' Rating on US$200M Sr. Notes Standard & Poor's Ratings Services assigned its 'CCC' senior unsecured rating to Chiquita Brands International Inc.'s US$200 million convertible senior notes due 2016.  Net proceeds from the issuance were used to repay a portion of the US$375 million... Read More FIRST BANCORP: Sterne Agee Lowers FirstBank's 2008 Estimates Sterne, Agee & Leach has downgraded FirstBank Puerto Rico's 2008 earnings per share estimate two cents to US$0.53 after the US brokerage firm paid a visit to the bank executives, Business News Americas reports... Read More GRUPO MEXICO: Says Ongoing Business Is More Profitable Grupo Mexico S.A. de C.V. said it can save ASARCO LLC and its debtor-affiliates and avoid an asset sale if it regains control over the company, Reuters reported... Read More KANSAS CITY: Fitch Lifts Issuer Default Ratings to BB- From B+ Fitch Ratings has upgraded the foreign and local currency Issuer Default Ratings of Kansas City Southern de Mexico, S.A. de C.V. to 'BB-'from 'B+'.  The Rating Outlook is Stable... Read More PETROLEOS DE VENEZUELA: Setting Up Company with Petroecuador Petroleos de Venezuela SA will set up a joint company with Petroecuador for the development of Sacha oil field,  Eric Watkins at the Oil & Gas Journal reports... Read More			Receive TCR Latin America Reporter Top Stories Via Email Unsubscribe from the TCR-LA Top Stories Tell a Friend Subscribe to the paid full-version TCR-Latin America Get a complimentary 30-day trial to the full-version of TCR-LA Get more information about TCR - Latin America   Featured Companies and Professionals Air Jamaica American Axle & Manufacturing Holdings Inc Axtel SA de CV Cable & Wireless PLC Cardtronics Inc Chiquita Brands International Inc Clear Channel Communications Inc Desarrolladora Homex S.A. de C.V. First Bancorp (of Puerto Rico) First Data Corp Grupo Casa Saba Grupo Mexico SA de CV Hornbeck Offshore Services Inc. Host Hotels & Resorts Inc Invensys plc Kansas City Southern Kansas City Southern de Mexico SA de CV Land O'Lakes Inc PANAMA, REPUBLIC OF PDVSA aka Petroleos de Venezuela SA Peabody Energy Corp Sharper Image Corp Univision Communications Inc Professionals Akin Gump Strauss Hauer & Feld Jones Day KPMG Lazard Freres NASDAQ
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