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Stock Market & Financial Investment News

News Breaks
May 9, 2014
13:48 EDTDRLDoral Financial says policy is not to comment on unusual market activity
Doral Financial, the holding company of Doral Bank, with operations in Puerto Rico and the U.S., announced that in view of the unusual market activity in the company's stock on Friday, May 9, the New York Stock Exchange contacted the company in accordance with its usual practice. The company stated that its policy is not to comment on unusual market activity.
News For DRL From The Last 14 Days
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September 22, 2014
18:28 EDTDRLDoral Financial legal counsel issues statement as Hacienda trial concludes
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September 20, 2014
15:39 EDTDRLDoral Financial says Hacienda has put forth no evidence
Following the trial in the Doral Financial Corporation v. Hacienda court case, Doral Legal Counsel Matthew D. McGill issued the following statement: "For four months, Doral has been waiting for Hacienda to explain its attempt to nullify its $230M debt to Doral. Hacienda claimed that Doral obtained its 2012 tax agreement through a fraud, but after two days of trial, including testimony from Secretary Melba Acosta Febo herself, Hacienda has come forward with no evidence supporting that outrageous accusation. When this case is over, the people of Puerto Rico will have to ask whether they were well served by their government's unfounded attack on one of Puerto Rico's few remaining banks."

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