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February 29, 2008 |
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AIR JAMAICA: To Launch Another New York-Grenada Non-Stop Flight Air Jamaica will launch another weekly non-stop flight from New York to Grenada, Caribbean 360 reports... Read More |
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DORAL FINANCIAL: Subsidiary Acquires CitiSeguros Portfolio In line with Doral Financial Corp.’s plans to strengthen and grow all of its business lines by adding innovative programs and expanding its product offering, Doral Insurance Agency, Inc. has acquired the CitiSeguros PR Retail Bank insurance portfolio.... Read More |
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GERDAU SA: Concludes Acquisition of 49% Stake in Corsa Gerdau has concluded the acquisition of a 49% stake in the capital stock of the holding company Corsa Controladora, S.A. de C.V., in Mexico. Gerdau will disburse US$110.7 million in this transaction... Read More |
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GRUPO SENDA: Net Income Up 186.7% to MXN101.3MM in 4th Qtr. 2007 Grupo Senda Autotransporte, S.A. de C.V. reported its results for the year ended Dec. 31, 2007, as well as for the fourth quarter of 2007. Figures in this release were prepared in accordance with Mexican GAAP and are stated in constant Mexican pesos... Read More |
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GRUPO TMM: Incurs US$66.9-Million Net Loss in Fiscal Year 2007 Grupo TMM S.A.B. posted a net loss of US$15.6 million on net revenues of US$8.4 million for the 2007 fourth quarter compared to net income of US$6.4 million on net revenues of US$65.4 million for the same quarter of 2006... Read More |
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PETROLEOS DE VENEZUELA: To Set Up Joint Venture With Borets Petroleos de Venezuela SA subsidiary PDVSA Industrial has signed an accord with Russian plant Borets to form a joint venture to manufacture and assemble oil and gas equipment, Russian Oil & Gas Equipment and Services reports.... Read More |
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PRIDE INTERNATIONAL: Bags Contract Extensions from Petrobras Pride International Inc. has been awarded contract extensions from Petroleo Brasileiro S.A. for the deepwater, dynamically positioned semisubmersible rigs Pride Rio de Janeiro and Pride Portland... Read More |
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VITRO SAB: Reports Strongest Record Sales in Last Three Years Vitro S.A.B. de C.V. has reported Fourth Quarter 2007 unaudited results. Year over year consolidated sales increased 8.3 percent and EBITDA rose 6.9 percent. The consolidated EBITDA margin dropped slightly to 15.3 percent from 15.5 percent in the... Read More |
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Today's Top Stories have been selected from the Troubled Company Reporter - Latin America. To receive the Full TCR-LA please CLICK HERE.
