Doral Financial (DRL) falls 34% following a Cantor Fitzgerald downgrade. "Doral did not win any...


Doral Financial (DRL) falls 34% following a Cantor Fitzgerald downgrade. "Doral did not win any of the three Puerto Rico banks that the FDIC closed and sold last Friday. This was a surprise to us because... with a relatively narrow and stagnant franchise, in our view, this was Doral's major opportunity to grow." (earlier)

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Comments (3)
  • Tom Au, CFA
    , contributor
    Comments (6831) | Send Message
     
    Doral Financial is a piece of junk that will be "takee" rather than a "taker."
    3 May 2010, 10:31 AM Reply Like
  • running_dogs
    , contributor
    Comments (105) | Send Message
     
    Nah, Cantor wants to load up on Doral.
    3 May 2010, 10:34 AM Reply Like
  • Speakeasy
    , contributor
    Comments (413) | Send Message
     
    Congress wants to make Puerto Rico the 51st state and it will be the poorest state, however, Puerto Ricans tend to be liberal so it will yield them two more Dem senators and six representatives.

     

    If you have ever visited the Island, you will notice that if something isn't nailed down, its stolen.
    3 May 2010, 10:45 AM Reply Like
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