Doral Financial Corp (DRL) 0.72 $DRL A.M. Best
Post# of 273249
Posted On: 09/06/2016 11:02:50 PM
Doral Financial Corp (DRL) 0.72 $DRL
A.M. Best Comments on Ratings of Antilles Insurance Company
BusinessWire - Wed Mar 11, 9:12AM CDT
A.M. Best has commented that the financial strength rating (FSR) of A (Excellent) and the issuer credit rating (ICR) of "a+" of Antilles Insurance Company (Antilles) (San Juan, Puerto Rico) remain unchanged following the recently announced transaction in which Antilles' parent company, Anglo Puerto Rican Insurance Corporation (Anglo), has entered into an asset purchase and sale agreement with Doral Insurance Agency, LLC. (Doral Insurance), a wholly-owned subsidiary of Doral Financial Corp. (Doral Financial) [NYSE: DRL] [OTC: DORLN]. Under the terms of the agreement, Doral Insurance will sell certain assets related to its personal insurance portfolio, which includes personal dwelling and flood, to Anglo. Based on discussions with management, it is A.M. Best's understanding that the carriers currently writing this business on behalf of Doral Insurance will continue to write this business for Anglo, post transaction close.
DRL: 0.72 (-0.62)
3 Banks That May Not Survive 2015
Jay Jenkins, The Motley Fool - Motley Fool - Mon Feb 16, 11:21AM CST
Recently, fellow Fool John Maxfield posted an incredible chart of bank failures going back over 100 years. The lesson is as scary as it is clear: banks fail all the time. Eighteen banks failed in 2014. Two more have already bitten the dust so far...
FBC: 27.83 (-0.17), MTB: 115.80 (-1.54), DRL: 0.72 (-0.62), HCBK: 10.12 (-0.07)
Klayman & Toskes, PA and Carlo Law Offices Comment on Recent Bank FDIC Corrective Action Directive to Doral Financial Corporation and Potential Impact on Puerto Rico Conservation Trust Fund Secured Notes
GlobeNewswire - Mon Feb 02, 4:53PM CST
The Securities Arbitration Law Firm of Klayman & Toskes ("K&T"
, www.nasd-law.com, and Carlo Law Offices, commented today on the recent announcement by the Federal Deposit Insurance Corporation (FDIC) concerning Doral Bank, a wholly-owned subsidiary of Doral Financial Corporation (NYSE
RL). The FDIC announcement relates to the further deterioration of Doral Bank's financial condition, the primary enterprise of Doral Financial Corporation. For investors, there are implications for Doral Financial Corporation issued preferred trust securities that were ultimately offered to investors with secured notes in the Puerto Rico Conservation Trust Fund. As the ultimate guarantor for the Puerto Rico Trust Fund Secured Notes, Doral Financial Corporation's financial condition directly impacts the default risk to note holders.
DRL: 0.72 (-0.62)
NYSE stocks posting largest volume increases
AP - Tue Dec 23, 5:07PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
OCN: 3.33 (-0.11), STZ: 166.85 (-0.15), DRL: 0.72 (-0.62), GEF: 47.22 (+1.14), GEF.B: 57.67 (+0.29), STZ.B: 167.21 (unch), DVD: 2.48 (+0.05), DAC: 2.91 (+0.02), CEL: 7.70 (+0.34), IMPR: 19.22 (+0.01), PACD: 3.35 (+0.09), SCS: 14.75 (-0.14), GDOT: 23.41 (unch)
Hertz and Green Mountain are big market movers
AP - Tue Dec 23, 3:53PM CST
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
NBL: 35.06 (+0.81), BB.TO: 9.89 (-0.11), HTZ: 49.55 (-0.04), GMCR: 91.67 (-0.28), OCN: 3.33 (-0.11), NBR: 10.52 (+0.38), VNDA: 16.08 (+0.53), BBRY: 7.69 (-0.01), DRL: 0.72 (-0.62), BZH: 11.67 (+0.31), ENTA: 22.52 (+0.48), BA: 132.99 (+1.83), CELG: 106.71 (+1.22), GILD: 77.88 (+0.99), ACHN: 8.36 (+0.24), CHK: 6.80 (+0.20), TASR: 26.41 (-0.16)
Statement from Doral Financial Corporation Regarding FBI Visit to Doral Main Office
PR Newswire - Tue Dec 23, 10:43AM CST
Today, Doral Financial Corporation released the following statement regarding FBI's Visit to Doral's Main Office:
DRL: 0.72 (-0.62)
A.M. Best Comments on Ratings of Antilles Insurance Company
BusinessWire - Wed Mar 11, 9:12AM CDT
A.M. Best has commented that the financial strength rating (FSR) of A (Excellent) and the issuer credit rating (ICR) of "a+" of Antilles Insurance Company (Antilles) (San Juan, Puerto Rico) remain unchanged following the recently announced transaction in which Antilles' parent company, Anglo Puerto Rican Insurance Corporation (Anglo), has entered into an asset purchase and sale agreement with Doral Insurance Agency, LLC. (Doral Insurance), a wholly-owned subsidiary of Doral Financial Corp. (Doral Financial) [NYSE: DRL] [OTC: DORLN]. Under the terms of the agreement, Doral Insurance will sell certain assets related to its personal insurance portfolio, which includes personal dwelling and flood, to Anglo. Based on discussions with management, it is A.M. Best's understanding that the carriers currently writing this business on behalf of Doral Insurance will continue to write this business for Anglo, post transaction close.
DRL: 0.72 (-0.62)
3 Banks That May Not Survive 2015
Jay Jenkins, The Motley Fool - Motley Fool - Mon Feb 16, 11:21AM CST
Recently, fellow Fool John Maxfield posted an incredible chart of bank failures going back over 100 years. The lesson is as scary as it is clear: banks fail all the time. Eighteen banks failed in 2014. Two more have already bitten the dust so far...
FBC: 27.83 (-0.17), MTB: 115.80 (-1.54), DRL: 0.72 (-0.62), HCBK: 10.12 (-0.07)
Klayman & Toskes, PA and Carlo Law Offices Comment on Recent Bank FDIC Corrective Action Directive to Doral Financial Corporation and Potential Impact on Puerto Rico Conservation Trust Fund Secured Notes
GlobeNewswire - Mon Feb 02, 4:53PM CST
The Securities Arbitration Law Firm of Klayman & Toskes ("K&T"
, www.nasd-law.com, and Carlo Law Offices, commented today on the recent announcement by the Federal Deposit Insurance Corporation (FDIC) concerning Doral Bank, a wholly-owned subsidiary of Doral Financial Corporation (NYSERL). The FDIC announcement relates to the further deterioration of Doral Bank's financial condition, the primary enterprise of Doral Financial Corporation. For investors, there are implications for Doral Financial Corporation issued preferred trust securities that were ultimately offered to investors with secured notes in the Puerto Rico Conservation Trust Fund. As the ultimate guarantor for the Puerto Rico Trust Fund Secured Notes, Doral Financial Corporation's financial condition directly impacts the default risk to note holders. DRL: 0.72 (-0.62)
NYSE stocks posting largest volume increases
AP - Tue Dec 23, 5:07PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
OCN: 3.33 (-0.11), STZ: 166.85 (-0.15), DRL: 0.72 (-0.62), GEF: 47.22 (+1.14), GEF.B: 57.67 (+0.29), STZ.B: 167.21 (unch), DVD: 2.48 (+0.05), DAC: 2.91 (+0.02), CEL: 7.70 (+0.34), IMPR: 19.22 (+0.01), PACD: 3.35 (+0.09), SCS: 14.75 (-0.14), GDOT: 23.41 (unch)
Hertz and Green Mountain are big market movers
AP - Tue Dec 23, 3:53PM CST
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
NBL: 35.06 (+0.81), BB.TO: 9.89 (-0.11), HTZ: 49.55 (-0.04), GMCR: 91.67 (-0.28), OCN: 3.33 (-0.11), NBR: 10.52 (+0.38), VNDA: 16.08 (+0.53), BBRY: 7.69 (-0.01), DRL: 0.72 (-0.62), BZH: 11.67 (+0.31), ENTA: 22.52 (+0.48), BA: 132.99 (+1.83), CELG: 106.71 (+1.22), GILD: 77.88 (+0.99), ACHN: 8.36 (+0.24), CHK: 6.80 (+0.20), TASR: 26.41 (-0.16)
Statement from Doral Financial Corporation Regarding FBI Visit to Doral Main Office
PR Newswire - Tue Dec 23, 10:43AM CST
Today, Doral Financial Corporation released the following statement regarding FBI's Visit to Doral's Main Office:
DRL: 0.72 (-0.62)
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