Santiago Informer

Latam Airlines Falls After Confirming Share Sale: Santiago Mover The airline, formed by Lan Airlines SA's $ 3.3 billion takeover of Tam SA, will sell new shares to improve its debt ratios and return to investment grade, Chairman Mauricio Amaro told reporters today in Santiago after its annual general shareholder meeting. Read more on Businessweek

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Aguas Andinas Profit Falls After Santiago Mudslide Outage The company, which supplies drinking water to most of Santiago, reported net income of 38.2 billion pesos ($ 80.7 million) in the first three months of 2013, down from 41.8 billion pesos a year ago. Revenue slipped 0.4 percent to 108 billion pesos, it … Read more [...]

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Chile rushes to aid ship in Antarctica after fire SANTIAGO, Chile — A Chilean military tugboat was heading to Antarctica on Thursday to prevent an environmental disaster by retrieving a Chinese fishing ship that caught fire and began to drift dangerously near sharp glaciers. The Kai Xin vessel burned … Read more on MiamiHerald.com

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The Jonas Brothers to play in Santiago after Festival de Viña The band is scheduled to play at Santiago's Movistar Arena on Thursday, Feb. 28. Jonas To the delight of their Latin American fans the musicians are taking a tour through the region, stopping in Mexico, Argentina and seven other South and Central … Read [...]

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Falabella Gains After Pactual Rises Price Target: Santiago Mover BTG Pactual reiterated a buy rating for the Santiago-based retailer and increased its 12-month price target to 6,350 pesos per share from 6,100 pesos. BTG Pactual expects an expansion in Falabella's margins and revenue growth to drive the stock higher, … Read more on Bloomberg

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5 dead after blaze at motel in Santiago de Puriscal February 8th, 2013 (InsideCostaRica.com) Five people are dead and two seriously injured after a fire broke out at 1:24am at the Las Águilas motel in the center of Santiago de Puriscal, on the south side of the market. According to Mario Viquez of the … [...]

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Madeco Jumps After Announcing Company Split: Santiago Mover Such a split could attract investors seeking more tailored bets on the company's operations, according to German Guerrero, a partner at Santiago-based brokerage and asset management firm MBI Inversiones. “If you buy Madeco's stock today on a bet on … Read more on Bloomberg

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Christmas Week in Santiago – after a long, long walk and no cheating On arriving in Santiago, one of the first things most pilgrims do is head for the pilgrim welcome office to pick up their compostela, the official recognition that you've walked to Santiago, complete with the seal of "capituli Beati Jacobi". The staff [...]

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Chile reporters hit with break-ins after probes The Associated Press. SANTIAGO, Chile — Three Chilean reporters investigating human rights violations during the dictatorship of Gen. Augusto Pinochet have had break-ins at their homes over just a few days, press groups say. The home of Mauricio … Read more on MiamiHerald.com (registration)

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Chile Enersis shares up almost 3 pct after key capital hike deal SANTIAGO Dec 10 (Reuters) – Shares in regional energy group Enersis rose 2.83 percent in opening Monday trade, after the company announced late on Friday it had clinched a key deal with minority shareholders – Chile's powerful pension funds – over a … [...]

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Cuban workers, backed by their government, rebuild after Sandy SANTIAGO DE CUBA—In the wake of destruction wreaked by Hurricane Sandy in this eastern city during the early morning of Oct. 25, working people have joined forces and organized—rapidly and on a massive scale—to clear roads, restore basic services, … Read more on The Militant

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Santiago de Cuba Stands Up Again A Month After the Hurricane In other areas, life returns to its normal rhythm, with the services of water, electricity and telephone guaranteed to the vast majority of households, after the huge effort Santiago workers and others who arrived from other provinces have done. A … Read more on [...]

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Lights still out but classes resume in Santiago after Sandy punishes Cuba's … Two weeks after the storm blasted through Santiago, Cuba, the electrical grid has been restored to just 28 percent of normal as workers labor around the clock to replace power lines downed by thousands of fallen trees, the Cuban news agency Prensa [...]

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UN to send food for 500000 in eastern Cuba after Sandy; power grid at 64 … The U.N.'s World Food Program said in a statement that it is coordinating with Cuban authorities to provide one month's food rations for nearly a half million people in and around Santiago, a city of about 500,000 people that [...]

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SQM Falls After Chile Annuls Lithium Concession SQM, as the company is known, declined 1.5 percent to 28,898 pesos at the close of trading in Santiago, the most in a week. It was the worst performance among members of Chile's benchmark Ipsa index, which gained 0.3 percent. “Investors are worried … Read more on Businessweek

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