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

|About: Doral Financial Corporation (DRL)|By:, SA News Editor

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)