Doral Financial Corp. (DRL) is in the Financial Services Industry

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• Prosecutors in NY Form Subprime Task Force

  By Martha Graybow NEW YORK (Reuters) - Federal prosecutors in New York have formed a task force together with other government agencies to examine the collapse of the market for risky home loans, a spokesman for the U.S. Attorney's Office in Brooklyn said...

  News items 2008-05-05

  Tags: Federal government, Brooklyn, Doral Financial Corp., federal prosecutor, FBI, attorney, collapse, spokesman, New York City, New York, Microsoft Office, agency, U.S., accounting, Thomson Reuters Corp., financial, sales

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• doral financial corp. Files Form 10-K for Year Ended December 31, 2007

  Reports 2007 Net Loss of $170.9 million compared to a Net Loss of $223.9 million for 2006 Reports Net Loss of $34.0 million in Fourth Quarter 2007 compared to Net Loss of $62.1 million in Third Quarter 2007 Year 2007 milestones include a Successful Capital Raise...

  Articles 2008-03-20

• Doral Financial Corporation Addresses Concerns Related to the Sale of Bear Stearns

  SAN JUAN, Puerto Rico -- Doral Financial Corporation (NYSE:DRL), a diversified financial services company, reports today that the sale of The Bear Stearns Companies Inc. to JPMorgan Chase & Co. does not have an impact on Doral's operations. Bear Stearns Merchant Banking BSMB, a standalone affiliate of Bear...

  Articles 2008-03-17

• In Connection to an Audit for the Period 2006 Related to BSA Violations That Had Initially Occurred in 2005, Doral Financial and the FDIC Jointly Entered into a C&D Order with Its Principal Subsidiary Doral Bank, Puerto Rico

  Findings initially occurred in the period prior to the Company's change in management, recapitalization and replacement of the Board of Directors No material effect on Doral Bank operations SAN JUAN, Puerto Rico -- Doral Financial Corporation (NYSE: DRL), a diversified financial services company, today announced that...

  Articles 2008-02-21

• Doral Financial Corporation Declares Cash Dividend on Four Series of Preferred Stock

  SAN JUAN, Puerto Rico -- Doral Financial Corporation (NYSE: DRL), a diversified financial services company, declared the regular monthly cash dividends on the Company's 7% Noncumulative Monthly Income Preferred Stock, Series A (the "Series A Preferred Stock"), 8.35% Noncumulative Monthly Income Preferred Stock, Series B (the "Series B Preferred Stock")...

  Articles 2008-02-05

• Doral Financial Announces That the FDIC Lifted the Cease and Desist Order with Doral Bank Puerto Rico

  SAN JUAN, Puerto Rico -- Doral Financial Corporation (NYSE: DRL), a diversified financial services company, today announced that the Federal Deposit Insurance Corporation FDIC terminated the Order to Cease and Desist with its principal banking subsidiary, Doral Bank Puerto Rico. The order, dated March 16, 2006, related to financial safety...

  Articles 2008-01-17

• MOODY'S UPGRADES DORAL

  Moody's Investors Service upgraded thesenior debt rating of DoralFinancial Corporation Doral to B1 from B2.Following the upgrade,the rating outlook is stable. The rating action reflects Moody'sview that Doral's substantial capitalbase and ample liquidity allowsthe company to begin executing itscommunity bank business strategyon Puerto Rico. Doral's board andmanagerial ranks continue to...

  Articles 2007-12-18

• Doral Financial Corporation Reports Results for 2007 Third Quarter

  Net Loss of $70.5 Million and a Pre-Tax Net Loss of $148.4 Million, Reflects, Among Other Things, a $126.2 Million Charge Due to Doral's Successful Balance Sheet Restructuring Company Views Itself as Well Capitalized and Achieving Substantial Progress on Its Transformation Following the July 19, 2007 Recapitalization ...

  Articles 2007-11-12

• Doral Financial Corporation Declares Cash Dividend on Three Series of Preferred Stock

  SAN JUAN, Puerto Rico -- Doral Financial Corporation (NYSE: DRL), a diversified financial services company, announced that, today, October 1, 2007, it paid the regular monthly cash dividend on the Company's 7% Noncumulative Monthly Income Preferred Stock, Series A (the "Series A Preferred Stock"), 8.35% Noncumulative Monthly Income Preferred Stock,...

  Articles 2007-10-01

• Doral Financial Announces Effectiveness of 1-for-20 Reverse Stock Split

  SAN JUAN, Puerto Rico -- Doral Financial Corporation (NYSE:DRL) ("Doral") announced today that the previously announced 1-for-20 reverse split of its common stock became effective as of 5:00 p.m. Eastern Time on Friday, August 17, 2007. Doral's common stock will begin trading on a split-adjusted basis when the...

  Articles 2007-08-20

• Correction: Fitch Affirms & Removes Doral Financial From Rating Watch Negative

  CHICAGO -- (This is a correction for a press release originally issued on July 20, amending the rating language in the headline and first paragraph to reflect both an affirmation and Rating Watch removal of Doral's ratings, along with the last paragraph, which incorrectly states that Doral is on Rating...

  Articles 2007-07-30

• Fitch Removes Doral Financial Corp Rtgs from Rating Watch Negative; Rating Outlook Positive

  CHICAGO -- Fitch Ratings has removed all of Doral Financial Corporation's DRL ratings from Rating Watch Negative and DRL's Rating Outlook is Positive. Fitch currently rates DRL's long-term Issuer Default Rating IDR 'CCC'. The Support Rating Floor for DRL and its principal subsidiary remains unchanged at No Floor NF. Please...

  Articles 2007-07-20

• Doral Financial Receives Governmental Approvals Related to Holdings Transaction

  Shareholder Vote on Holdings Transaction to Take Place on July 17, 2007 SAN JUAN, Puerto Rico -- Doral Financial Corporation DRL ("Doral" or the "Company") announced today that the following regulatory approvals necessary to complete its proposed $610 million recapitalization transaction with Doral Holdings Delaware, LLC ("Holdings") have...

  Articles 2007-07-16

• Institutional Shareholder Services Recommends a Vote "For" the Proposed Investment in Doral Financial by Doral Holdings, LLC

  SAN JUAN, Puerto Rico -- Doral Financial Corporation (NYSE:DRL) today reported that Institutional Shareholder Services ISS, the world's leading independent proxy advisory service, has recommended a vote "FOR" the proposed $610 million investment in Doral Financial by Doral Holdings, LLC. ("Holdings"), a newly formed entity in which Bear Stearns Merchant...

  Articles 2007-07-06

• FBOP Decides Not to Proceed with Investment Proposal in Doral Financial; Currently Plans to Vote for Proposed Investment Transaction between Doral Financial and Doral Holdings

  Doral Financial Shareholders Meeting to Approve Doral Holdings Transaction Scheduled for July 17, 2007 Doral Holdings Transaction Would Successfully Recapitalize Doral Financial SAN JUAN, Puerto Rico -- Doral Financial Corporation DRL ("Doral" or the "Company") announced today that it has been notified by FBOP Corporation ("FBOP")...

  Articles 2007-06-25

• doral financial corp. Reports Quarterly Loss.

  M2 PRESSWIRE-18 June 2007-MarketMinute: Doral Financial Corp. Reports Quarterly LossC1994-2007 M2 COMMUNICATIONS LTD RDATE:18062007 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a stock...

  Articles 2007-06-18

• In-Depth Research on doral financial corp.

  M2 PRESSWIRE-15 June 2007-Growth Stock News: In-Depth Research on Doral Financial Corp.C1994-2007 M2 COMMUNICATIONS LTD RDATE:15062007 The Caribbean is home to more than just sun and fun. Doral Financial offers mortgage, retail, and business banking in Puerto Rico. Traditionally known primarily...

  Articles 2007-06-15

• Suburban-based bank eyes Puerto Rican branch.(Business)

  Byline: Michael Sean Comerford mcomerford@@dailyherald.com Billionaire Michael Kelly's bank, FBOP Corp., submitted a rival bid valued at $610 million to buy floundering Puerto Rico-based Doral Financial Corp. Doral agreed last month to a buyout led by Bear Stearns Cos.'...

  Articles 2007-06-05

• TheSUBWAY.coms Early Stock Market Alerts for Tuesday, June 5, 2007:.

  M2 PRESSWIRE-5 June 2007-TheSUBWAY.com Inc.: TheSUBWAY.coms Early Stock Market Alerts for Tuesday, June 5, 2007:C1994-2007 M2 COMMUNICATIONS LTD RDATE:05062007 M2 PRESSWIRE - TheSUBWAY.com: Names the following stocks to its Stock Alerts List: SIVOO Holdings, Inc. (OTC: SIVO), Novell, Inc (Nasdaq:...

  Articles 2007-06-05

• Emerging Markets Consulting, LLC. : Emerging Equity Alerts.

  M2 PRESSWIRE-5 June 2007-Emerging Markets Consulting, LLC.: Emerging Markets Consulting, LLC. : Emerging Equity AlertsC1994-2007 M2 COMMUNICATIONS LTD RDATE:05052007 Orlando, FL - Stocks gaining traction in yesterday's trading were Doral Financial Corporation, (NYSE: DRL), Hyperdynamics Corporation, (AMEX: HDY), Solectron Corporation,...

  Articles 2007-06-05