The Home Depot to Host First Quarter 2016 Earnings Conference Call on May 17
ATLANTA, May 3, 2016 /PRNewswire-HISPANIC PR WIRE/ — The Home Depot®, the world’s largest home improvement retailer, announced today that it will hold its First Quarter 2016 Earnings Conference Call on Tuesday, May 17, at 9 a.m. ET.
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A webcast will be available by logging onto http://earnings.homedepot.com and selecting the First Quarter Earnings Conference Call icon. The webcast will be archived and available beginning at approximately noon on May 17.
The Home Depot is the world’s largest home improvement specialty retailer, with 2,275 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2015, The Home Depot had sales of $88.5 billion and earnings of $7.0 billion. The Company employs more than 385,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.
Shepherd Smith Edwards & Kantas LLP: Puerto Rico Bond Default Likely To Deepen Losses To Investors
SAN JUAN, Puerto Rico, May 3, 2016 /PRNewswire-HISPANIC PR WIRE/ — Yesterday, Puerto Rico failed to make a payment due to bondholders of the Puerto Rico Government Development Bank. The Island was supposed to make a payment of over $400 million for Monday’s payment, representing the largest default to date made by the territory, as well as the first default of bonds by the Government Development Bank. Puerto Rico has been defaulting on payments since the beginning of August 2015. The continuation of these defaults is likely to increase the losses being faced by current investors.
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Many financial advisors with UBS and other firms recommended their clients buy huge amounts of Puerto Rico bonds, claiming that these investments were low risk, fixed income options for Puerto Rican investors. In doing so, these advisors were overlooking the warning signs of Puerto Rico being unable to keep up with debt payments.
Many clients did not understand that Puerto Rico bonds, particularly in large amounts, carried substantial amounts of risk. Those clients who purchased UBS proprietary funds were taking even larger risks, as those funds were often highly leveraged and carried significantly higher risks than what their continental United States counterparts did.
If you are or were a customer of UBS Puerto Rico, Banco Popular, or another Puerto Rico brokerage firm who invested in Puerto Rico bonds, UBS Puerto Rico bond funds or similar securities, it is not too late to contact the law firm of Shepherd Smith Edwards & Kantas LLP for an evaluation of your account to determine if you might have a claim to attempt to recover some or all of your losses. All communications will be kept strictly confidential, and you will not be billed in any way for a consultation.
Shepherd Smith Edwards & Kantas LLP has a team of attorneys, consultants and staff with more than 100 years of combined experience in the securities industry and in securities law. For more than two decades, our firm has represented thousands of investors throughout the United States, Puerto Rico, and internationally to recover losses suffered through brokerage firms and banks. More information can also be found at www.ubs-taxfree-puertorico.com.
Contact Info: 800-259-9010
713-580-8914 to speak to Spanish fluent staff
Sam Edwards [email protected]
Kirk Smith [email protected]
Luis Acevedo [email protected]
HITN introduces renowned chef and restaurateur Lidia Bastianich to the US Hispanic market
BROOKLYN, N.Y., May 2, 2016 /PRNewswire-HISPANIC PR WIRE/ — The Hispanic Information and Telecommunications Network (HITN), the leading media company in offering educational content relevant to the Spanish-speaking audience of the United States, brings to its network screens celebrated chef and entrepreneur Lidia Bastianich with an entertaining cooking show.
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La Italia de Lidia en América (‘Lidia’s Italy in America’) is the Spanish-language version of a program designed to educate and entertain food-loving audiences. Acclaimed chef Lidia Bastianich takes viewers by the hand on an exciting culinary journey through different American cities.
“I am so pleased to be joining the HITN family, offering viewers my series, Lidia’s Italy and Lidia’s Italy in America. I know how important family and cooking is to me, and I know it will resonate with this wonderful Spanish speaking community in America. It’s an honor to be sharing my tradition of food, wine, culture and my cuisine with the Hispanic community,” said Lidia Bastianich Chef and Entrepreneur.
In each episode of La Italia de Lidia en América the chef offers up the ingredients of the cultural fusion between Italy and the United States. In her way, every place she visits is a window on to interesting facts that show viewers how the influence of the rich Italian culture is reflected in various aspects of the culture of the American people, in cuisine, music and artistic expression.
“La Italia de Lidia en América is a stellar show hosted by acclaimed chef Lidia Bastianich, who is given to the task of showing our viewers, in a lively and lighthearted way, various facets of Italian culture, while highlighting the great influence that Italian cuisine has had on American cuisine over the years,” said, HITN General Manager Eric Turpin.
Lidia Bastianich has managed to combine the two greatest passions of her life, her love for her family and her passion for cooking, to develop a successful career in business. The prominent chef is the author of several internationally best-selling cookbooks and, as a successful businesswoman, is the owner of several restaurants in the United States and of a thriving gastronomic enterprise, which she manages with the support of her children.
La Italia de Lidia en América premieres on Saturday, May 7, at 4:00 pm ET / 1: 00 pm Pacific.
For more information about The Hispanic Information and Telecommunication Network (HITN, Inc.) visit: http://www.hitn.org/en/about-us
What: HITN introduces renowned chef and restaurateur Lidia Bastianich to the US Hispanic market
When: May 2016
Where: HITN TV – Brooklyn, NY
Two Scientists Receive 2016 March Of Dimes Prize For Revolutionary Co-Discovery Of MicroRNAs, The Smallest Genes In Biology
BALTIMORE, May 2, 2016 /PRNewswire-HISPANIC PR WIRE/ — Victor R. Ambros, PhD, of the University of Massachusetts Medical School, and Gary Ruvkun, PhD, Massachusetts General Hospital and Harvard Medical School, have been awarded the 2016 March of Dimes and Richard B. Johnston, Jr., MD Prize in Developmental Biology. The Prize recognizes their pioneering co-discovery of an unanticipated world of the tiniest genes, microRNAs (or miRNAs), and the mechanism by which they regulate their targets.
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This is the 21st annual awarding of the Prize, now newly named in honor of Dr. Johnston, Professor Emeritus of Pediatrics at the University of Colorado and a former Medical Director of the March of Dimes.
MicroRNAs play pivotal roles in development and physiology of many organisms, including humans. There now exists a catalog of the thousands of miRNAs produced in animals and plants. Human miRNAs are implicated in heart disease, in how viruses infect our cells, in normal brain function, in the transition from totipotent stem cells to differentiated cells, and in cancer. Human therapies based on microRNA regulation are already in clinical trials for heart disease.
Dr. Ambros is the Silverman Chair in Natural Sciences and Professor of Molecular Medicine at the University of Massachusetts. Dr. Ruvkun is the Hans-Hermann Schoene Distinguished Investigator at Massachusetts General Hospital, Department of Molecular Biology and Professor of Genetics at Harvard Medical School. Working independently and also at times together, the two scientists identified microRNAs, the smallest genes ever discovered, and elucidated how these small pieces of genetic material influence the production of proteins from particular messenger RNAs to which they are complementary. Their finding that microRNAs switch off the production of proteins from their target genes has changed our knowledge of various developmental and physiological processes.
Dr. Ambros and Dr. Ruvkun published back-to-back studies in the journal Cell in 1993, describing their surprising findings.
“Dr. Ambros and Dr. Ruvkun showed us that microRNAs, genes much smaller than ever imagined, are pivotal for governing embryonic development,” says Joe Leigh Simpson, MD, Senior Vice President for Research and Global Programs at the March of Dimes. “We now know that microRNAs are involved in a wide range of activities relevant to birth defects, viral infections, cancer, and other disorders. This has revealed exciting new paths for lifesaving diagnostic tools and treatments for mothers and babies.”
“I am deeply honored to be associated with the March of Dimes Prize because of the high value I place on what it does to improve the lives of babies and children,” says Dr. Johnston. “Scientific research has been central to the mission of the March of Dimes since it was founded by President Franklin Roosevelt. The March of Dimes Prize has extended that tradition through its recognition of the very best in the field of developmental and genetic science. Drs. Ambros and Ruvkun have made discoveries in basic science of the highest order, and their discoveries are already being translated into a better understanding of the biologic processes that underlie development of a healthy baby or that can go awry and allow birth defects and prematurity.”
Victor Ambros earned his undergraduate degree and Ph.D. at the Massachusetts Institute of Technology and was the first postdoctoral fellow in the lab of H. Robert Horvitz (recipient of the 2000 March of Dimes Prize). At MIT, Dr. Ambros was a colleague of Gary Ruvkun. In 1993, Dr. Ambros discovered the first microRNA in the roundworm C. elegans and later discovered many more microRNAs in C. elegans. He has received numerous awards in recognition of his work, including the 2008 Lasker Award for Basic Medical Research, shared with Gary Ruvkun and the Breakthrough Prize. He is an elected member of the National Academy of Sciences.
Gary Ruvkun obtained his undergraduate degree in biophysics at the University of California, Berkeley, and his PhD at Harvard. He conducted postdoctoral research with Dr. Horvitz at MIT, where he was also a colleague of Victor Ambros. Dr. Ruvkun and Dr. Ambros reported the novel microRNA-mediated mode of gene regulation in C. elegans in 1993. Dr. Ruvkun discovered the mechanism of microRNA regulation of target genes: the miRNA shuts down the production by protein from the target messenger RNA via base-pairing. In 2000, Dr. Ruvkun discovered the second miRNA and that it was conserved across evolution in animals, including in humans. Dr. Ruvkun has published more than 150 scientific articles and has received numerous previous awards for his work, including the 2008 Lasker Award for Basic Medical Research shared with Victor Ambros and the Breakthrough Prize. Dr. Ruvkun is an elected member of the National Academy of Sciences.
Dr. Ambros and Dr. Ruvkun will deliver the 21st annual March of Dimes Prize Lectures today at the Baltimore Convention Center during the 2016 Pediatric Academy Societies annual meeting. They will receive the Prize at a gala black-tie dinner and ceremony at the Royal Sonesta Hotel, hosted by CBS sportscaster Greg Gumbel, member of the March of Dimes national Honorary Board of Trustees.
The March of Dimes Prize has been awarded annually since 1996 to honor investigators whose research has profoundly advanced the science that underlies the understanding of birth defects. The March of Dimes Foundation created the Prize as a tribute to Dr. Jonas Salk shortly before his death in 1995. Dr. Salk received Foundation support for his work on the polio vaccine. The Prize is a cash award of $250,000. Each recipient receives a silver medal in the design of the Roosevelt dime, honoring President Franklin D. Roosevelt, March of Dimes founder.
The March of Dimes is the leading nonprofit organization for pregnancy and baby health. For more than 75 years, mothers and babies have benefited from March of Dimes research, education, vaccines, and breakthroughs. Find out how you can help raise funds to prevent premature birth and birth defects by walking in March for Babies at marchforbabies.org. Find us on Facebook and follow us on Twitter.
Texas home sales jump in first quarter of 2016, inventory drops to all-time low
AUSTIN, Texas, May 2, 2016 /PRNewswire-HISPANIC PR WIRE/ — Texas home sales rose significantly in the first quarter of 2016, while housing inventory fell to an all-time low, according to the 2016-Q1 Texas Quarterly Housing Report released today by the Texas Association of Realtors.
“Despite the economic downturn in some parts of the state, home sales continue to be strong, indicating the enduring demand of Texas real estate,” said Leslie Rouda Smith, chairman of the Texas Association of Realtors. “Our state continues to be a hub for relocation activity, business development and job growth.”
According to the report, 65,265 homes were sold in Texas in the first quarter of 2016, a 7.8 percent increase from the same quarter of 2015. Home prices continued to rise as well, with the median price for Texas homes increasing 5.4 percent year-over-year to $195,000.
Jim Gaines, Ph.D., economist with the Real Estate Center at Texas A&M University, added, “The Texas economy is experiencing a cooling off period after a five-year boom, so the Texas housing market’s strong gains despite the current uneasiness in the state economy are remarkable. It will be interesting to see how Texas real estate activity performs in the next two quarters, typically the strongest quarters for home sales every year. That performance will show the full strength of the Texas housing market in 2016.”
Housing inventory fell to an all-time low of 2.8 months in 2016-Q1, a decline of 0.6 months from the first quarter of 2015. The Real Estate Center at Texas A&M University estimates that a monthly housing inventory between 6.0 and 6.5 months is a level at which the supply and demand for homes is balanced.
Active listings also fell sharply in 2016-Q1, dropping 11.9 percent year-over-year to 74,276 active listings. Texas homes also continued to spend less time on the market. In 2016-Q1, Texas homes spent an average of 64 days on the market, a decrease of three days compared to the same quarter of the prior year.
Chairman Smith concluded, “Housing inventory remains extremely limited in Texas. Low housing inventory combined with rising property values is making housing affordability a challenge, not just in Texas’s metro areas but across the state. This could become a larger problem if there is not greater balance between supply and demand in the future.”
About the Texas Quarterly Housing Report
Data for the Texas Quarterly Housing Report is provided by the Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M University, and the Texas Association of REALTORS®. The report provides quarterly real estate sales data from a statewide perspective and for 25 metropolitan statistical areas in Texas. It is released by the Texas Association of REALTORS® in February, May, August and November each year. To view the 2016-Q1 Texas Quarterly Housing Report in its entirety, visit TexasRealEstate.com.
About the Texas Association of REALTORS®
With more than 100,000 members, the Texas Association of REALTORS® is a professional membership organization that represents all aspects of real estate in Texas. We advocate on behalf of Texas REALTORS® and private-property owners to keep homeownership affordable, protect private-property rights, and promote public policies that benefit homeowners. Visit TexasRealEstate.com to learn more.
CONTACT:
Danielle Urban
Pierpont Communications
+1-512-448-4950
[email protected]
MassMutual Launches First-of-its-kind Calculator for Setting Financial Goals
SPRINGFIELD, Massachusetts, May 2, 2016 /PRNewswire-HISPANIC PR WIRE/ — To help people set basic, foundational goals that can help put them on their own unique path toward attaining financial security, Massachusetts Mutual Life Insurance Company (MassMutual) today announced the launch of a new mobile-friendly Spanish-language financial goal calculator on MassMutual.com/Latino.
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The mobile-friendly calculator was developed to address the top four financial concerns of consumers found in MassMutual’s State of the Hispanic American Family study: income, savings, retirement and debt. The calculator addresses each financial concern by helping consumers set a goal for each using the concept of 5-10-15-20 as a guideline:
- “5”: Increasing your annual income by at least 5% each year.
- “10”: Saving at least 10% of your net annual income.
- “15”: Targeting a retirement nest egg of about 15 times your annual income.
- “20”: Planning to have your debt (excluding your mortgage) paid down within 20 years.
“We often hear customers say, ‘I don’t even know where to begin,’ when it comes to planning for their financial futures,” said David Hufnagel, Latino market director, MassMutual. “The calculator is a simple first step in creating a roadmap for the financial future of families and their loved ones.”
Just a few minutes and basic financial numbers are needed to begin. Users will be guided through a series of simple questions to help address financial concerns and will receive insights on what their financial future may look like if they set – and achieve – their goals, all of which can be printed out or emailed for later reference and use. As an example, if a person has “decrease my debt” as a goal, the tool will offer possible next steps.
“We are committed to helping the Latino community plan for their future by providing easy access to financial education resources,” said Hufnagel. “From wherever they login, resources to help them plan for their financial futures are at their fingertips.”
Try the new Spanish-language calculator at MassMutual.com/Latino.
About MassMutual
MassMutual is a leading mutual life insurance company that that is run for the benefit of its members and participating policyowners. MassMutual offers a wide range of financial products and services, including life insurance, disability income insurance, long term care insurance, annuities, retirement plans and other employee benefits. For more information, visit www.massmutual.com/latino.
CONTACT:
Maria Fernanda Trochimezuk
310-696-9585
[email protected]
CRN201803-200499
Gluten-Free Food Labeling:
SILVER SPRING, Maryland, May 2, 2016 /PRNewswire-HISPANIC PR WIRE/ — May is Celiac Awareness Month. An estimated 3 million Americans suffer from celiac disease, a genetic autoimmune digestive disorder that damages the small intestine. Celiac disease is triggered by consumption of a protein called gluten, which is found in wheat, barley, rye, and crossbreeds of these grains. Gluten gives breads and other grain products (such as cakes, cereals, and pastas) their shape, strength, and texture. For those suffering from celiac disease (or choosing/preparing food for someone who does), identifying gluten-free food is critical.
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In August 2013, the U.S. Food and Drug Administration (FDA) issued a regulation that standardized what “gluten-free” means on food labels. This ensures that gluten-free claims on food products are consistent and reliable across the food industry.
Learn more at: http://www.fda.gov/Food/GuidanceRegulation/GuidanceDocumentsRegulatoryInformation/Allergens/ucm397398.htm
Understanding Gluten-Free Labeling
FDA defined the terms “Gluten-free,” “No gluten,” “Free of gluten,” and “Without gluten.” Foods bearing any of these terms have to meet the requirements of the gluten-free regulation, and FDA encourages consumers to rely on these four terms when looking for foods that meet the FDA definition and can be used as part of a gluten-free diet. Other terms related to gluten may be used, if they are truthful and not misleading, but the food bearing the terms would not have to meet the requirements of the gluten-free regulation. Manufacturers are not required to place the voluntary gluten-free claim in any specific location on the food label.
Foods bearing a gluten-free claim must, among other things, contain less than 20 parts per million of gluten. This level is the lowest that can be reliably detected in foods using scientifically validated analytical methods. A food that is labeled as gluten-free but fails to meet the requirements of the regulation is subject to regulatory action by FDA.
Products Covered by the Gluten-Free Regulation
FDA’s regulation applies to all foods and beverages (including packaged foods, dietary supplements, fruits, vegetables, shell eggs, and fish) except for:
- Meat, poultry, and certain egg products
- Most alcoholic beverages
Gluten-Free When Eating Out
Given the public health significance of gluten-free labeling, FDA continues to encourage the restaurant industry to ensure that its use of gluten-free labeling is consistent with the federal definition. FDA also works with state and local governments, who play an important role in oversight of restaurants, and considers appropriate action as needed, alone or with other agencies, to protect consumers with respect to gluten-free labeling in restaurants.
Reporting Adverse Effects and Labeling Concerns
Individuals who become ill or experience adverse health effects that they believe are associated with having eaten a food should first seek appropriate medical care.
Afterward, individuals can report a problem with a food or its labeling in either of these ways:
- Contact the consumer complaint coordinator in their area. The list of FDA consumer complaint coordinators is available at: http://www.fda.gov/Safety/ReportaProblem/ConsumerComplaintCoordinators
- Contact MedWatch, FDA’s Safety Information and Adverse Event Reporting Program, at 1-800-332-1088, or file a MedWatch voluntary report at http://www.fda.gov/medwatch.
Contact: Media: 1-301-796-4540 Consumers: 1-888-SAFEFOOD (toll free)








