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SiriusXM to Broadcast Exclusive ICONOS Event with Latin Urban Pioneer Tego Calderon

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SiriusXM to Broadcast Exclusive ICONOS Event with Latin Urban Pioneer Tego Calderon


With the launch of his latest album, Tego Calderon sits down for a candid conversation about his life in music


The exclusive interview will air on SiriusXM Caliente and Flow Nacion channels


NEW YORK, Feb. 10, 2015 /PRNewswire-HISPANIC PR WIRE/ — SiriusXM announced today that legendary Latin rapper singer-songwriter and actor Tego Calderon will sit down in front of a live studio audience of SiriusXM listeners on Thursday, February 12 for its series “SiriusXM ICONOS,” intimate gatherings with iconic Latin musicians, entertainers and ambassadors of Latino culture.

Logo – http://photos.prnewswire.com/prnh/20101014/NY82093LOGO

“SiriusXM ICONOS with Tego Calderon” will feature the Latin Hip Hop pioneer discussing everything from his early and current musical influences, his life in music, thoughts on the genre, and his first album in eight years, El Que Sabe, Sabe.  Known for lyrics with a heavy focus on the reality of urban life, his style of Latin urban has catapulted and maintained him at the top of the genre drawing influences from other genres including salsa, dancehall, and hip-hop.  

“SiriusXM ICONOS with Tego Calderon,” which will take place Thursday, February 12, will air simultaneously on Friday, February 27 at 4:00 pm ET on SiriusXM Caliente channel 150 and SiriusXM Flow Nacion channel 506.

“Tego Calderon’s in a true pioneer of Latin Hip Hop and we are excited to welcome him to our SiriusXM studios once again,” said Trinity Colon, Vice President of Music Programming, SiriusXM.  “Our ‘ICONOS’ event will be a great opportunity for the lucky fans and subscribers to hear from him firsthand about his music and the direction of the genre.”

After the broadcast, “SiriusXM ICONOS with Tego Calderon” will be available on SiriusXM On Demand for subscribers listening on smartphones and other mobile devices or online at siriusxm.com.

Born in Puerto Rico, Tego Calderon grew up in a household that exposed him to different types of music including salsa, Latin pop, and jazz setting him on a path to creating a style all his own.   In 2002, Calderon launched El Abayarde, his debut and first full-length album becoming an instant success selling over 50,000 copies during its first month.  In 2004 he released El Enemy de los Guasíbiri in 2004 and his unique voice was featured in remixes of Usher’s “Yeah,” Fat Joe’s “Lean Back,” and N.O.R.E.’s “Oye Mi Canto.” Looking to expand beyond reggaeton, Calderon declared the release of his album The Underdog/El Subestimado “a musical journey through the Afro-Caribbean culture.” His latest album, El Que Sabe, Sabe was released February 3.

The SiriusXM Latino channel lineup features ten exclusive commercial-free music channels covering a wide variety of music genres, including Caliente (tropical, channel 150), Rumbon (classic salsa, channel 533), Flow Nacion (Latin hip-hop and Reggaeton, channel 506), La Kueva (rock en español, channel 540), Viva (contemporary pop, channel 500), La Mezcla (top hits in English and Spanish, channel 148), Aguila (regional Mexican, channel 151), Caricia (classic ballads in English and Spanish, channel 523), Latidos (romantic love songs from the 90s to today, channel 520), Luna (Latin jazz, channel 530) and more. 

Listeners can register for a 30-day trial and listen to these channels on smartphones and other mobile devices as well as online at www.siriusxm.com.

For more information, please visit www.siriusxm.com/latino and www.tegocalderon.com.

About SiriusXM

Sirius XM Holdings Inc. (NASDAQ: SIRI) is the world’s largest radio broadcaster measured by revenue and has 27.3 million subscribers.  SiriusXM creates and broadcasts commercial-free music; premier sports talk and live events; comedy; news; exclusive talk and entertainment; and the most comprehensive Latin music, sports and talk programming in radio. SiriusXM is available in vehicles from every major car company in the U.S. and on smartphones and other connected devices as well as online at siriusxm.com. SiriusXM radios and accessories are available from retailers nationwide and at shop.siriusxm.com.  SiriusXM also provides premium traffic, weather, data and information services for subscribers in cars, trucks, RVs, boats and aircraft through SiriusXM Traffic™, SiriusXM Travel Link, NavTraffic®, NavWeather™, SiriusXM Aviation, SiriusXM Marine™, Sirius Marine Weather, XMWX Aviation™, and XMWX Marine™.  SiriusXM holds a minority interest in SiriusXM Canada which has more than 2 million subscribers. SiriusXM is also a leading provider of connected vehicles services to major automakers, giving customers access to a suite of safety, security, and convenience services including automatic crash notification, stolen vehicle recovery assistance, enhanced roadside assistance and turn-by-turn navigation.

On social media, join the SiriusXM community on Facebook, Twitter, Instagram, and YouTube.

This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.  Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “believe,” “intend,” “plan,” “projection,” “outlook” or words of similar meaning.  Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control.  Actual results may differ materially from the results anticipated in these forward-looking statements. 

The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statements:  our competitive position versus other radio and audio service providers; our ability to attract and retain subscribers, which is uncertain; our dependence upon the auto industry; general economic conditions; changes in consumer protection laws and their enforcement; the security of the personal information about our customers; other existing or future government laws and regulations could harm our business; failure of our satellites would significantly damage our business; the interruption or failure of our information technology and communications systems; royalties we pay for music rights, which increase over time; the unfavorable outcome of pending or future litigation; our failure to realize benefits of acquisitions or other strategic initiatives; rapid technological and industry changes; failure of third parties to perform; failure to comply with FCC requirements; modifications to our business plans; our indebtedness; and our principal stockholder has significant influence over our management and over actions requiring stockholder approval and its interests may differ from interests of other holders of our common stock.  Additional factors that could cause our results to differ materially from those described in the forward-looking statements can be found in our Annual Report on Form 10-K for the year ended December 31, 2014, which is filed with the Securities and Exchange Commission (the “SEC”) and available at the SEC’s Internet site (http://www.sec.gov).  The information set forth herein speaks only as of the date hereof, and we disclaim any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this communication.

P-SIRI

Media Contact:
Michelle Dominguez
SiriusXM
212 901 6792
[email protected]

 


Discovery Familia Delves Deeper Into The Gypsy World With The Premiere Of MI GRAN BODA GITANA

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Discovery Familia Delves Deeper Into The Gypsy World With The Premiere Of MI GRAN BODA GITANA


In time for Valentine’s Day, the network’s new series profiles the life, customs and lavish weddings of the tight-knit Gypsy community in the United States


MIAMI, Feb. 10, 2015 /PRNewswire-HISPANIC PR WIRE/ — The United States is a fusion of communities and cultures, but there is one in particular that isn’t well known: In the new series MI GRAN BODA GITANA, Discovery Familia examines the world of gypsies in this country and their customs, culture and celebrations. MI GRAN BODA GITANA premieres on Discovery Familia on February 17 and will air Tuesdays at 10PM E/P.

Logo – http://photos.prnewswire.com/prnh/20130222/MM64872LOGO

An estimated one million gypsies live in the US, but most keep their identities a secret to avoid the prejudice directed against their communities. In private, however, their lifestyles are anything but discrete, combining tradition with modern influences. Gypsy culture is characterized by extravagant and unpredictable celebrations, most notably weddings and, especially, the wedding dress. In this new series, viewers will see brides walk to the altar in some of the biggest, most colorful and extravagant dresses imaginable. Made by Sondra Celli, the fashion designer most in demand among Gypsy or Roma women, they include eye-catching specimens such as a 24-karat gold gown and a feathered creation sporting illuminated angel wings.

Beyond showcasing their outsized weddings and majestic attire, the new series explores stories of modern young gypsies committed to maintaining their identity and customs while forging a life outside of their local communities. Examples include the story of Danny, who wants to marry a non-gypsy girl from North Carolina, but his mother refuses to grant him permission and does everything she can to stop her son from “diluting his gypsy blood” by marrying an “American”; and Heather, a teenager who has gone against gypsy traditions and stayed in school till 18. Now she is on the verge of graduating and has to decide if she goes to college, or she stays in her culture and marry a gypsy boy.

Men are the heads of the household in this culture, but brides are the ones in control on a couple’s wedding day, making sure their fabulous dress is always the center of attention. Here are some characteristics of these unique celebrations:

Brides gauge the success of their dresses by the cuts and bruises they leave on their bodies on the day of the wedding. The voluminous skirts and gem-incrusted bodices can weigh much more than the bride herself.

Gypsy bachelorette parties are all about fun, but in moderation. The focus of the attention is the bride-to-be’s dress, which should be the second most extraordinary outfit she will wear in her life (after her wedding dress).

On weddings or other special events, all members of the family participate in the celebration, traveling from around the world to get there. Gypsy parties often have hundreds or thousands of guests.

Gypsies usually marry in their teens, with their parents arranging most matches.

For more about this and other Discovery Familia programming, follow us on facebook.com/discoveryfamilia.

ABOUT DISCOVERY FAMILIA
Part of Discovery Communications, Discovery Familia is the Spanish-language network dedicated to Hispanic women and the things that matter in their lives. During the day, the Discovery Kids block provides a safe environment for children aged 2-6 with entertaining, curriculum-based programming to prepare them for the world around them. In the evening, the channel offers programming for women, focusing on such topics such as home decor, food, health, beauty and parenting. For more information, please follow us on Facebook at facebook.com/discoveryfamilia or visit www.discoveryfamilia.com.


Getting Engaged On Valentine’s Day? Don’t Be Blinded By The Bling—Get Insurance For Your Ring

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Getting Engaged On Valentine’s Day? Don’t Be Blinded By The Bling—Get Insurance For Your Ring

I.I.I. Urges Lovers to “Put a Policy on it”; Offers Tips for Financially Protecting Expensive Jewelry


NEW YORK, Feb. 10, 2015 /PRNewswire-HISPANIC PR WIRE/ — There’s nothing more romantic than a marriage proposal on Valentine’s Day. But with a great engagement ring comes great responsibility… While there is no way to insure the sentimental value of such a gift, having the right insurance coverage will provide financial protection, according to the Insurance Information Institute (I.I.I.).

“The word ‘insurance’ is not likely to be the first word on many lovers’ lips this Valentine’s Day. However, if an expensive gift of jewelry is lost or stolen it can certainly soothe the sting of losing a cherished gift,” said Jeanne M. Salvatore, the I.I.I.’s chief communications officer. “Your first step after receiving a valuable engagement ring—well, maybe your second after saying yes!—should be to call your insurance professional.”

Jewelry losses are among the most frequent of all homeowners content related insurance claims. Fortunately, there are four steps to ensure adequate protection for your new ring:

1. Contact your insurance professional immediately.
Find out whether you will need additional insurance. Most standard homeowners and renters insurance policies include coverage for personal items such as jewelry; however, many policies limit the dollar amount on jewelry to $1,000 to $2,000. With the average engagement ring costing nearly $6,000, according to The Knot, that is unlikely to be enough coverage for your new bauble.

To properly insure jewelry, consider purchasing a floater or an endorsement policy. In most cases, these add-ons to a homeowners or renters policy would also cover you for “mysterious disappearance.” This means that if your ring falls off your finger and is flushed down a drain, or is lost, you would be financially protected. And unlike a homeowners policy, floaters and endorsements carry no deductibles, so there is no out-of-pocket expense to replace the item.

2. Obtain a copy of the store receipt.
Forward a copy of the receipt to your insurer—so that your company has a record of the current retail value of the ring—and keep a copy for your own records. It’s also a good idea to get a copy of the appraised value of the item.

3. If you received an heirloom piece, have it appraised.
Antique jewelry will need to be appraised for its dollar value. You can ask your insurance professional to recommend a reputable appraiser.

4. Add the item to your home inventory.
An up-to-date inventory of your personal possessions can help you purchase the correct amount of insurance and speed up the claims process if you have a loss, so remember to add your new ring to your inventory. And if you don’t yet have an inventory, celebrate your engagement by creating one with your fiancée. To make creating a home inventory as easy as possible, the I.I.I. offers a free inventory tool: Know Your Stuff®.

Renters Insurance
Finally, if you don’t think you need renters insurance, think again. A 2014 Insurance Information Institute poll found that 96 percent of homeowners had homeowners insurance but only 37 percent of renters had renters insurance. If you rent your home, renters insurance can provide important financial protection in the event your belongings are stolen or destroyed.

“In my many conversations with consumers, personal finance bloggers and insurance educators they have noted that the purchase of an engagement ring often triggers interest in getting a renters insurance policy for the first time, as many (especially young) people start to think more seriously about financially protecting themselves,” said Salvatore.

RELATED LINKS

We like to celebrate Valentine’s Day by ensuring that your loved ones and valuables are financially protected—more on our Valentine’s Pinterest Board.

The I.I.I. has a full library of educational videos on its You Tube Channel. Information about I.I.I. mobile apps can be found here.

THE I.I.I. IS A NONPROFIT, COMMUNICATIONS ORGANIZATION SUPPORTED BY THE INSURANCE INDUSTRY.

Insurance Information Institute, 110 William Street, New York, NY 10038; (212) 346-5500; www.iii.org

http://www.facebook.com/InsuranceInformationInstitute
http://twitter.com/iiiorg
http://www.linkedin.com/company/insurance-information-institute
http://www.youtube.com/iiivideo
https://plus.google.com/113369356227754162778


Ismael Cala Travels to India with Deepak Chopra to Continue his Certification as an Inspirational Leader

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Ismael Cala Travels to India with Deepak Chopra to Continue his Certification as an Inspirational Leader


MIAMI, Feb. 10, 2015 /PRNewswire-HISPANIC PR WIRE/ — The host, motivational author and lecturer Ismael Cala will travel to India for a week to take part in a seminar course with Deepak Chopra, one of his life’s greatest mentors and part of the Chopra-Cala alliance for meditation circles and other projects for the Hispanic market worldwide.

Cala’s journey to India comprises part of his studies to continue certification as an inspirational leader.

The seminar will be hosted in the city of Kerala, birthplace of Ayurveda, the traditional Hindu medicine. The benefits of meditation, yoga and vegetarian nutrition are some of the subjects to be addressed at the event. In addition, Cala will be attending the lecture “Journey to a higher consciousness,” given by Master Chopra.

“This trip is part of my process of growth and certification in this other facet, which includes continuing to learn from great life mentors such as Deepak Chopra, Tony Robbins, John Maxwell and Oprah Winfrey,” Ismael said prior to embarking on his second trip to India.

Next July, Cala will share his experiences at the event, “Seduction of the spirit,” organized by the Chopra Center in San Diego, as a guest speaker.

In 2015, Cala and Chopra will be conducting two additional free meditation circles, following the success of the first challenge, “Creating Abundance,” for which more than 400,000 registered.

ABOUT ISMAEL CALA

Ismael Cala, host of the CALA show on CNN en Espanol, has more than 25 years of media experience in Cuba, Canada, the U.S. and Mexico, notably at Televisa, Univision, TLN and AmericaTeve.

His books, “El poder de escuchar [‘The power of listening’]”, (2013) and “Un buen hijo de P [A real son of a B…]” (2014) have become best sellers in Latin America and the U.S.  Ismael runs the digital magazine “Cala 3.0,” and publishes a weekly column in more than 25 newspapers and magazines. He has received a number of awards, among them Iberoamerican Personality (Organization of Iberoamerican Journalists, 2014), the John Maxwell Leadership Award in media, and the Golden Palm Award of the National Circle of Journalists of Mexico.

The program CALA is broadcast on CNN en Espanol at 9:00pm (U.S., ET) – 8:00pm (Mexico DF) – and 9:30pm (Caracas). Follow him on Twitter: @cala y @calabienestar. And on facebook.com/IsmaelCala


The Home Depot to Host Fourth Quarter & Fiscal 2014 Earnings Conference Call on February 24

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The Home Depot to Host Fourth Quarter & Fiscal 2014 Earnings Conference Call on February 24


ATLANTA, Feb. 10, 2015 /PRNewswire-HISPANIC PR WIRE/ — The Home Depot®, the world’s largest home improvement retailer, announced today that it will hold its Fourth Quarter & Fiscal 2014 Earnings Conference Call on Tuesday, February 24, at 9 a.m. ET.

Logo – http://photos.prnewswire.com/prnh/20030502/HOMEDEPOTLOGO

A webcast will be available by logging onto http://earnings.homedepot.com and selecting the Fourth Quarter Earnings Conference Call icon. The webcast will be archived and available beginning at approximately noon on February 24.

The Home Depot is the world’s largest home improvement specialty retailer, with 2,269 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2013, The Home Depot had sales of $78.8 billion and earnings of $5.4 billion. The Company employs more than 300,000 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.

 


Boehringer Ingelheim Launches Groundbreaking Initiative “Cuida tu Don” with Entertainer “Don Francisco” Aimed at Hispanics with Type 2 Diabetes

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Boehringer Ingelheim Launches Groundbreaking Initiative “Cuida tu Don” with Entertainer “Don Francisco” Aimed at Hispanics with Type 2 Diabetes

Spanish-Language Resources Encourage Holding On to the Gift of Health


RIDGEFIELD, Conn., Feb. 10, 2015 /PRNewswire-HISPANIC PR WIRE/ — Today, Boehringer Ingelheim Pharmaceuticals, Inc. (BIPI) announced the launch of ‘Cuida tu Don,’ a national public awareness initiative featuring legendary entertainer Mario Kreutzberger, better known as ‘Don Francisco.’ Kreutzberger, who has type 2 diabetes, will serve as an ambassador for the initiative and encourage Hispanics with type 2 diabetes to live a lifestyle conducive to staying healthy. ‘Cuida tu Don,’ translated as ‘Take Care of Your Gift,’ is designed to engage, educate and inspire Hispanics with type 2 diabetes and their families. The initiative provides resources and information in three key aspects of diabetes – nutrition, fitness and treatment options – to the estimated 3.2 million Hispanics in the United States with the disease.

Experience the interactive Multimedia News Release here http://www.multivu.com/players/English/7401451-boehringer-ingelheim-diabetes/

“Type 2 diabetes is a very serious disease but the tools to live a healthier life can be presented in an inspiring way that incites positive action,” said Kathleen Dowd, senior vice president of marketing at BIPI. “Don Francisco is a beloved personality and we’re excited he’s part of our effort to get vital information and advice in the hands of a community that continues to see a rising incidence of type 2 diabetes.”

One of the main areas of content on ‘Cuida tu Don’ is the webisodes in which Don Francisco, known for his candid interviews of celebrities, conducts an in-depth interview with a person living with type 2 diabetes. They discuss life before diagnosis, the common struggles with day-to-day disease management and relay real-life successes and challenges from the first-person perspective. The unifying message of this campaign is that type 2 diabetes need not stand in the way of a full life, which is shared by both Don Francisco and the people he interviews.

“Interviewing these men and women made me realize that my own experience mirrors theirs and how type 2 diabetes can leave even the most diligent person feeling overwhelmed or discouraged,” said Don Francisco. “I was honored to be asked to be part of this wonderful program that offers real information and useful content about type 2 diabetes to the nation’s Hispanics.”

The website also shares videos with tips and advice from various experts like a fitness trainer, a nutritionist and Dr. Luis Salmun, executive director of health sciences executives at BIPI. General tips like making checklists of daily management tasks, keeping a blood glucose log and videos with in-depth advice about vital subjects like proper foot care, healthy food choices, etc.

The site will be updated regularly with information that takes into account seasonal and holiday periods in the year, addressing timely topics like fitness tips for New Year’s resolutions and adhering to healthy eating during the Christmas holidays. A Treatment Options page will allow visitors to opt-in to leave the ‘Cuida tu Don’ Website and visit other Boehringer Ingelheim online properties about specific medical treatments for type 2 diabetes.

Engaging Communities
To take the initiative into communities and ensure content reaches Hispanics with type 2 diabetes across the country, Boehringer Ingelheim has also partnered with organizations in key markets to share ‘Cuida tu Don’ messaging and information. Current partners include White Memorial (Los Angeles), Montefiore Diabetes Clinic (New York), Clinica Asociacion Cubana (CAC) Medical Center (Miami) and Diabetes Center of Puerto Rico with support ranging from in-hospital signage to social media support.

For more information, please visit www.cuidatudon.com. 

About Diabetes
Approximately 29 million Americans and an estimated 387 million people worldwide have type 1 or type 2 diabetes, and nearly 28 percent of Americans with diabetes—totaling 8 million people—are undiagnosed. In the U.S., approximately 12 percent of those aged 20 and older have diabetes. T2D is the most common type, accounting for an estimated 90 to 95 percent of all adult diabetes cases in the U.S. Diabetes is a chronic condition that occurs when the body either does not properly produce, or use, the hormone insulin.

About Boehringer Ingelheim Pharmaceuticals, Inc.
Boehringer Ingelheim Pharmaceuticals, Inc., based in Ridgefield, CT, is the largest U.S. subsidiary of Boehringer Ingelheim Corporation (Ridgefield, CT) and a member of the Boehringer Ingelheim group of companies.

The Boehringer Ingelheim group is one of the world’s 20 leading pharmaceutical companies. Headquartered in Ingelheim, Germany, it operates globally with 142 affiliates and more than 47,400 employees. Since it was founded in 1885, the family-owned company has been committed to researching, developing, manufacturing and marketing novel medications of high therapeutic value for human and veterinary medicine.

Social responsibility is a central element of Boehringer Ingelheim’s culture. Involvement in social projects, caring for employees and their families, and providing equal opportunities for all employees form the foundation of the global operations. Mutual cooperation and respect, as well as environmental protection and sustainability are intrinsic factors in all of Boehringer Ingelheim’s endeavors.

In 2013, Boehringer Ingelheim achieved net sales of about $18.7 billion (14.1 billion euro). R&D expenditure in the Prescription Medicines business corresponds to 19.5% of its net sales.

For more information please visit http://www.us.boehringer-ingelheim.com.

 

 

 

'Cuida tu Don,' is designed to engage, educate and inspire Hispanics with type 2 diabetes and their families. The initiative provides resources and information in three key aspects of diabetes - nutrition, fitness and treatment options.

 


The fusion of print and digital media

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The fusion of print and digital media


WEST PALM BEACH, Fla., Feb. 10, 2015 /PRNewswire-HISPANIC PR WIRE/ — El Latino Digital www.ellatinodigital.com, the news and digital distribution site of the Latino Semanal, exceeded 5 million hits since its launch a year ago. This unprecedented level of acceptance indicates that a large percentage of Hispanics consume news and information via tablets or smart phones.

Miguel Lavin, editor of The Latino Semanal said, “We continue to significantly expand our customer base and readers. The fusion of digital and print distribution has consolidated our market dominance.”

Lavin added, “The hourly update of local news and events at www.ellatinodigital.com, the addition of RT television and distribution by all devices has placed us at the forefront of Hispanic publications.”

“We remain committed to the idea that the present model of print media (yesterday’s news with today’s ads) is obsolete. We will only remain relevant to our readers and advertisers by using the technology at our disposal to create a new norm,” Lavin concluded.

The Latino Semanal iconic format reflects current market realities of print and strikes a balance between informing readers, providing our advertisers with maximum exposure and controlling operating costs. The Latino Digital generates accurate statistics to provide our advertisers with the best performance measuring tools (ROI) possible.

About El Latino Semanal Inc: El Latino Semanal is the largest and oldest Spanish weekly in DMA 38/H28. It is the only Hispanic broadsheet publication with measured distribution and readership. It started in 1976 serving 30K Hispanics. Today, El Latino Semanal serves a Hispanic population approaching 500,000, as per the last census adjustment. The Latino Semanal markets to the English reluctant, the non Hispanics whites who want to reach the Hispanics and its core community from Boca Raton to Ft Pierce. El Latino Semanal is the minority newspaper of record. It publishes all the legal ads for the State, County and Municipalities.

Contact:
Jose R. Uzal, National Sales Manager

561-310-5333
E-mail: [email protected]


FIBRA Prologis Announces Fourth Quarter 2014 Earnings Results

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FIBRA Prologis Announces Fourth Quarter 2014 Earnings Results

– Operating Portfolio Occupancy Exceeded Upper Guidance Range at 96.3 Percent –

– Net Effective Rents on Rollover Increased 13.4 Percent –

– Acquired US$ 110 Million in Class-A Buildings –


MEXICO CITY, Feb. 9, 2015 /PRNewswire-HISPANIC PR WIRE/ — FIBRA Prologis (BMV: FIBRAPL 14), the leading owner and operator of Class-A industrial real estate in Mexico, today reported results for the fourth quarter of 2014. 

Logo – http://photos.prnewswire.com/prnh/20140703/124469

FIBRA Prologis began trading on the Mexican Stock Exchange June 4, 2014. As such, the company does not have comparable results from prior quarters. For the operational metrics included here, the company includes the performance of the properties in its portfolio prior to ownership by FIBRA Prologis, when the properties were managed by its sponsor.

Funds from operations (“FFO”) in the fourth quarter were Ps. 334.5 million (approximately US$ 22.7 million) or Ps. 0.53 per diluted CBFI (approximately US$ 0.04 per diluted CBFI), increasing 3.3 percent compared to the third quarter. For the period from June 4 to December 31, 2014, FFO was Ps. 748.5 million (approximately US$ 50.8 million) or Ps. 1.20 per diluted CBFI (approximately US$ 0.08 per diluted CBFI).

Net earnings were Ps. 558.9 million (approximately US$ 37.9 million) or Ps. 0.88 per diluted CBFI (approximately US$ 0.06 per diluted CBFI).

“At the time of our IPO, we introduced an ambitious plan for growth that guides our priorities as a new company,” said Luis Gutierrez, CEO, FIBRA Prologis. “Our operating results exceeded our expectations and reflect our focused investment strategy, the high quality of our portfolio and the combined skill of our team. We have entered 2015 with excellent momentum.”

OPERATING RESULTS OUTPERFORM EXPECTATIONS

FIBRA Prologis leased 1.8 million square feet (approximately 169,200 square meters) in the fourth quarter. Occupancy at quarter end was 96.3 percent, an increase of 100 basis points over the prior quarter. Tenant retention in the fourth quarter was 90.6 percent. Net effective rents on leases signed in the quarter increased 13.4 percent from prior in-place rents.

Cash same store net operating income (“NOI”) increased 5.5 percent during the fourth quarter.

ACQUISITIONS DEEPEN PRESENCE IN GLOBAL MARKETS

FIBRA Prologis acquired six Class-A buildings totaling 1.6 million square feet (approximately 144,800 square meters) for approximately Ps. 1.5 billion (approximately US$ 110 million) from its sponsor and the sponsor’s co-investment venture.

STRONG FINANCIAL POSITION

As of December 31, 2014, FIBRA Prologis’ liquidity was approximately Ps. 4.6 billion (US$ 313.1 million), which includes Ps. 2.2 billion (US$ 150.5 million) of available capacity on its credit facility, Ps. 267.7 million (US$ 18.2 million) of unrestricted cash and a Ps. 2.1 billion (US$ 144.4 million) Value-Added Tax receivable.

As of December 31, 2014, the ratio of debt, less cash and value added tax receivable, as a percentage of investment properties, was 26.0%, the ratio of fixed charge coverage was 3.3 times and the ratio of debt to adjusted EBITDA was 4.3 times.

WEBCAST & CONFERENCE CALL INFORMATION

FIBRA Prologis will host a webcast/conference call to discuss quarterly results, current market conditions and future outlook tomorrow, Feb. 10, at 10 a.m. CT. Interested parties are encouraged to access the live webcast by clicking the microphone icon located near the top of the opening page of the FIBRA Prologis website (http://www.fibraprologis.com). Interested parties also can participate via conference call by dialing +1 877 256 7020 (toll-free from the United States and Canada) or +1 973 409 9692 (from all other countries) and entering conference code 58347832.

A telephonic replay will be available from Feb. 10 through Mar. 10 at +1 855 859 2056 from the U.S. and Canada or at +1 404 537 3406 from all other countries using conference code 58347832. The webcast replay will be posted when available in the Investor Relations section on the FIBRA Prologis website.

ABOUT FIBRA PROLOGIS

FIBRA Prologis is the leading owner and operator of Class-A industrial real estate in Mexico. As of December 31, 2014, FIBRA Prologis comprised 184 logistics and manufacturing facilities in six industrial markets in Mexico totaling 31.4 million square feet (2.9 million square meters) of gross leasable area.

The statements in this report that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management’s beliefs and assumptions made by management. Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust (“FIBRA”) status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, and (ix) those additional factors discussed in reports filed with the “Comisión Nacional Bancaria y de Valores” and the Mexican Stock Exchange by FIBRA Prologis under the heading “Risk Factors.” FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this report.

Non-Solicitation – Any securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws. Any such announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein or in the presentations, if and as applicable.

FIBRA Prologis.

 

 



Ticketmaster And UNITY: Journalists for Diversity Select Charmaine Nero As Recipient Of Sports Journalism Student Fellowship Program Award

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Ticketmaster And UNITY: Journalists for Diversity Select Charmaine Nero As Recipient Of Sports Journalism Student Fellowship Program Award

– Diversity Fellowship Program Rewards Recipient with $2,500 Tuition Assistance and Provides Coverage Opportunities at NBA All-Star 2015 –


LOS ANGELES, Feb. 9, 2015 /PRNewswire-HISPANIC PR WIRE/ — Ticketmaster, a Live Nation Entertainment company (NYSE:LYV) and UNITY: Journalists for Diversity, Inc. have selected Charmaine Nero as the recipient of a student fellowship program created to advance diversity in sports reporting. The Ticketmaster/UNITY fellowship program grants a deserving student journalist with $2,500 in tuition assistance and provides media access to select NBA All-Star related activities in New York City, Feb. 11-15, 2015.

The Ticketmaster/UNITY fellowship program was offered to currently enrolled journalism students as well as recent graduates who were asked to submit short essays on the importance of diversity in sports journalism. In addition to $2,500 in tuition assistance, the selected student will report on a variety of in-arena and community-facing NBA All-Star related events and conduct interviews with NBA fans in attendance. The student-written stories will be published on the Ticketmaster Blog and UNITY: Journalists for Diversity website, as well as submitted to a number of other outlets and news organizations.

The most outstanding applicant, Charmaine Nero, is currently serving as President of the Columbia Journalism Association of Black Journalists and pursuing her Masters of Science degree from the Columbia University Graduate School of Journalism. Nero is a freelance reporter for Examiner.com and has covered news for The Midtown Gazette and GlobalCityNYC.com. She has also served as anchor, producer, writer and editor for Columbia University’s Columbia Nightly News, a weekly news broadcast program.

As part of the Ticketmaster/UNITY fellowship program assignment, Nero will highlight the services and benefits of NBATickets.com, the Official Ticket Marketplace of the NBA. Ticketmaster and the NBA partnered to create NBATickets.com, which provides fans a single, comprehensive destination for buying and selling game tickets directly from their favorite teams and other fans.

“Diversity of viewpoints is the key to comprehensive coverage of news and world events, and is the hallmark of good journalism,” said Russell Contreras, President, UNITY: Journalists for Diversity, Inc. “We are proud to join with Ticketmaster on this important fellowship program to help prepare Charmaine and the next generation of sports reporters for their careers in journalism.”

“Through our partnership with UNITY, and with the support of the National Basketball Association, we are delighted to award a very deserving journalism student like Charmaine with not only access to some of the marquee events during NBA All-Star 2015 and wide distribution channels for her work, but with financial assistance to help her continue to pursue her journalism education,” said Jared Smith, president, Ticketmaster North America.

About Live Nation Entertainment

Live Nation Entertainment (NYSE: LYV) is the world’s leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, Live Nation Media & Sponsorship and Artist Nation Management. For additional information, visit www.livenationentertainment.com.

Follow us @twitter.com/LiveNationInc

About UNITY

UNITY: Journalists for Diversity Inc. is a strategic alliance advocating fair and accurate news coverage about diversity – especially race, ethnicity, gender identity and sexual orientation – and aggressively challenging the industry to staff its organizations at all levels to reflect the nation’s diversity.