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$OFG said its subsidiary, Oriental Bank's, outstanding participation in a line of credit to the Puerto Rico Electric Power Authority (PREPA) has been sold. This greatly reduces the bank's direct exposure to Puerto Rico government-related credits. Gross proceeds from the sale of $124MM were slightly lower than adjusted book balance, net of reserves.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.