GOVERNMENT & POLICE NEWS

VITRAN Bus Service Suspended on Halloween After 5 p.m.

VITRAN’s fixed route bus service will be suspended at 5 p.m. on St. Thomas and St. Croix on Friday, Oct.…

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Police Commissioner Rodney F. Querrard Sr. discusses the Thursday, Sept. 4, 2014, homicide of Keithroy Caines at Oswald Harris Housing Court.

 
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Best Beginnings Early Childhood Conference Brings Change

The 16th annual Best Beginnings Early Childhood Conference on St. Thomas showcased a new program style, two keynote speakers, and an emphasis on continuing education and teacher certification.

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2014-10-30 22:38:35
Jewels of the Virgin Isles – One Year Later

When I decided to bring this column to life on Nov. 1, 2013, it was to raise awareness about the incredible contributions that men and women from the U.S. Virgin Islands are making to American life and on an international scale.

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2014-10-30 22:33:41
DeJongh, Atlantic Basin Official, Sign Operating Agreement for Refinery

Gov. John deJongh Jr. and principals of Atlantic Basin Refining VI signed an operating agreement Wednesday that, once approved by the Legislature, will begin the process of restarting the oil refinery on St. Croix's south shore.

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2014-10-29 20:13:06
St. Thomas business — St. Thomas
V.I. McDonald's Parent Company Receives Two Global Awards

Virgin Islands McDonald's parent company, Arcos Dorados, headquartered in Argentina, has been honored with two awards from LatinFinance magazine's Deals of the Year 2011 issue. Arcos Dorados was recognized for outstanding performance in the primary equity market (new shares). For its IPO, Arcos Dorados was the winner of the Best Primary Equity Issuer award. The company was also recognized in other categories: Best Corporate Issuer and Best Global Financing Issuer in Local Currency, both for the company's issue of a BRL $400 million global bond, issued in July 2011. This transaction allowed for important savings in interests paid by Arcos Dorados, and reopened the global "real" bond market.
The LatinFinance Deals of the Year awards are the region's most prestigious and rigorously judged awards for excellence in investment banking and capital markets issuance. This was the 15th edition of the annual award. LatinFinance magazine - the leading source of financial market intelligence for Latin America and the Caribbean - recognized the recipients at an awards ceremony on Jan. 19 in New York City.
"These awards are very important for a company like ours. The success of our IPO was a result of the hard work of the whole team at Arcos Dorados, which would not have been possible without the trust of our shareholders," said Woods Staton, president and CEO of Arcos Dorados.
Arcos Dorados is the world's largest McDonald's franchisee, operating the largest quick service restaurant ("QSR") chain in Latin America and the Caribbean, including the six McDonald's restaurants here in the U.S. Virgin Islands. Recognized as one of the best companies to work for in Latin America, Arcos Dorados is traded on the New York Stock Exchange (NYSE: ARCO).

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