Money never sleeps pal. I just made $800,000 in Hong Kong gold. It's been wired to you -- play with it. You done good, but you gotta keep doing good.
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Doral Financial Corporation Receives Continued Listing Standard Notice From the NYSE
Doral Financial Corporation (NYSE: DRL) ( "Doral Financial"), the holding company of Doral Bank, with operations in Puerto Rico and the U.S., announced today that on November 8, 2012, it received notice from the New York Stock Exchange, Inc. ("NYSE") that Doral Financial is no longer in compliance with the NYSE's continued listing standards because the average per share closing price of Doral Financial's common stock for the consecutive 30 trading-day period ending on October 31, 2012 has fallen below the NYSE's share price requirements. The NYSE requires the average closing share price of a listed company's common stock to be at least $1.00 per share over any consecutive 30 trading-day period.
Subject to the NYSE's rules, Doral Financial has six months from the date of its receipt of the NYSE notice to regain compliance with the minimum share price rule. Doral Financial can regain compliance at any time during the six-month cure period if on the last trading day of any calendar month during the six-month cure period Doral Financial's shares of common stock have a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the consecutive 30 trading-day period ending on the last trading day of that month. Doral Financial can also regain compliance if at the expiration of the six-month cure period both a $1.00 closing share price on the last trading day of the cure period and a $1.00 average closing share price over the consecutive 30 trading-day period ending on the last trading day of the cure period are attained.
Doral Financial expects to notify the NYSE that it will take steps to cure this deficiency within the prescribed timeframe. Until then, Doral Financial's shares of common stock will continue to be listed and traded on the NYSE, subject to compliance with other NYSE continued listing standards and other rights of the NYSE to delist the common stock. Doral Financial is currently in compliance with all other NYSE continued listing standards. The NYSE notification does not affect Doral Financial's business operations or its Securities and Exchange Commission ("SEC") reporting requirements.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of, and subject to the protections of, the Private Securities Litigation Reform Act of 1995. In addition, Doral Financial Corporation may make forward-looking statements in other press releases, filings with the SEC or in other public or shareholder communications and its senior management may make forward-looking statements orally to analysts, investors, the media and others.
These forward-looking statements may relate to Doral Financial Corporation's financial condition, results of operations, plans, objectives, future performance and business, including, but not limited to, statements with respect to the adequacy of the allowance for loan and lease losses, market risk and the impact of interest rate changes, capital markets conditions, capital adequacy and liquidity, and the effect of legal proceedings, regulatory matters and new accounting standards and guidance on Doral Financial Corporation's financial condition and results of operations. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts, but instead represent Doral Financial Corporation's current expectations regarding future events. Such forward-looking statements may be generally identified by the use of words or phrases such as "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," "believe," "expect," "predict," "forecast," "anticipate," "target," "goal," and similar expressions and future or conditional verbs such as "would," "should," "could," "might," "can," or "may" or similar expressions.
Doral Financial Corporation cautions readers not to place undue reliance on any of these forward-looking statements since they speak only as of the date made and represent Doral Financial Corporation's current expectations of future conditions or results and are not guarantees of future performance. Doral Financial Corporation does not undertake and specifically disclaims any obligations to update any forward-looking statements to reflect occurrences or unanticipated events or circumstances after the date of those statements.
Forward-looking statements are, by their nature, subject to risks and uncertainties and changes in circumstances, many of which are beyond Doral Financial Corporation's control. Risk factors and uncertainties that could cause Doral Financial Corporation's actual results to differ materially from those described in forward-looking statements can be found in Doral Financial Corporation's Annual Report on Form 10-K for the year ended December 31, 2011 which is available on Doral Financial Corporation's website at www.doralfinancial.com, as updated from time to time in Doral Financial Corporation's periodic and other reports filed with the SEC.
Institutional Background
Doral Financial Corporation is a bank holding company engaged in banking, mortgage banking and insurance agency activities through its wholly-owned subsidiaries Doral Bank ("Doral Bank"), with operations in the mainland U.S. (New York metropolitan area and northwest region of Florida) and Puerto Rico, Doral Insurance Agency, Inc. ("Doral Insurance Agency"), and Doral Properties, Inc. ("Doral Properties"). Doral Bank in turn operates three wholly-owned subsidiaries: Doral Mortgage LLC ("Doral Mortgage"), engaged in residential mortgage lending in Puerto Rico, Doral Money, Inc. ("Doral Money"), engaged in commercial and middle market lending primarily in the New York metropolitan area, and CB, LLC, an entity formed to dispose of a real estate project of which Doral Bank took possession during 2005. Doral Money consolidates two variable interest entities created for the purpose of entering into a collateralized loan arrangement with a third party.
Doral Financial Corporation's common shares trade on the New York Stock Exchange under the symbol DRL. Additional information about Doral Financial Corporation may be found on the Company's website at www.doralfinancial.com.
For more information contact:
Investor Relations:
Christopher Poulton
EVP
Email Contact
212-329-3794
Media:
Lucienne Gigante
SVP Public Relations & Community
Email Contact
787-474-6298
Doral Financial Corporation Receives Continued Listing Standard Notice From the NYSE
PrintAlert
Doral Financial (NYSE:DRL)
Historical Stock Chart
1 Month : From Oct 2012 to Nov 2012
Doral Financial Corporation (NYSE: DRL) ( "Doral Financial"), the holding company of Doral Bank, with operations in Puerto Rico and the U.S., announced today that on November 8, 2012, it received notice from the New York Stock Exchange, Inc. ("NYSE") that Doral Financial is no longer in compliance with the NYSE's continued listing standards because the average per share closing price of Doral Financial's common stock for the consecutive 30 trading-day period ending on October 31, 2012 has fallen below the NYSE's share price requirements. The NYSE requires the average closing share price of a listed company's common stock to be at least $1.00 per share over any consecutive 30 trading-day period.
Subject to the NYSE's rules, Doral Financial has six months from the date of its receipt of the NYSE notice to regain compliance with the minimum share price rule. Doral Financial can regain compliance at any time during the six-month cure period if on the last trading day of any calendar month during the six-month cure period Doral Financial's shares of common stock have a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the consecutive 30 trading-day period ending on the last trading day of that month. Doral Financial can also regain compliance if at the expiration of the six-month cure period both a $1.00 closing share price on the last trading day of the cure period and a $1.00 average closing share price over the consecutive 30 trading-day period ending on the last trading day of the cure period are attained.
Doral Financial expects to notify the NYSE that it will take steps to cure this deficiency within the prescribed timeframe. Until then, Doral Financial's shares of common stock will continue to be listed and traded on the NYSE, subject to compliance with other NYSE continued listing standards and other rights of the NYSE to delist the common stock. Doral Financial is currently in compliance with all other NYSE continued listing standards. The NYSE notification does not affect Doral Financial's business operations or its Securities and Exchange Commission ("SEC") reporting requirements.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of, and subject to the protections of, the Private Securities Litigation Reform Act of 1995. In addition, Doral Financial Corporation may make forward-looking statements in other press releases, filings with the SEC or in other public or shareholder communications and its senior management may make forward-looking statements orally to analysts, investors, the media and others.
These forward-looking statements may relate to Doral Financial Corporation's financial condition, results of operations, plans, objectives, future performance and business, including, but not limited to, statements with respect to the adequacy of the allowance for loan and lease losses, market risk and the impact of interest rate changes, capital markets conditions, capital adequacy and liquidity, and the effect of legal proceedings, regulatory matters and new accounting standards and guidance on Doral Financial Corporation's financial condition and results of operations. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts, but instead represent Doral Financial Corporation's current expectations regarding future events. Such forward-looking statements may be generally identified by the use of words or phrases such as "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," "believe," "expect," "predict," "forecast," "anticipate," "target," "goal," and similar expressions and future or conditional verbs such as "would," "should," "could," "might," "can," or "may" or similar expressions.
Doral Financial Corporation cautions readers not to place undue reliance on any of these forward-looking statements since they speak only as of the date made and represent Doral Financial Corporation's current expectations of future conditions or results and are not guarantees of future performance. Doral Financial Corporation does not undertake and specifically disclaims any obligations to update any forward-looking statements to reflect occurrences or unanticipated events or circumstances after the date of those statements.
Forward-looking statements are, by their nature, subject to risks and uncertainties and changes in circumstances, many of which are beyond Doral Financial Corporation's control. Risk factors and uncertainties that could cause Doral Financial Corporation's actual results to differ materially from those described in forward-looking statements can be found in Doral Financial Corporation's Annual Report on Form 10-K for the year ended December 31, 2011 which is available on Doral Financial Corporation's website at www.doralfinancial.com, as updated from time to time in Doral Financial Corporation's periodic and other reports filed with the SEC.
Institutional Background
Doral Financial Corporation is a bank holding company engaged in banking, mortgage banking and insurance agency activities through its wholly-owned subsidiaries Doral Bank ("Doral Bank"), with operations in the mainland U.S. (New York metropolitan area and northwest region of Florida) and Puerto Rico, Doral Insurance Agency, Inc. ("Doral Insurance Agency"), and Doral Properties, Inc. ("Doral Properties"). Doral Bank in turn operates three wholly-owned subsidiaries: Doral Mortgage LLC ("Doral Mortgage"), engaged in residential mortgage lending in Puerto Rico, Doral Money, Inc. ("Doral Money"), engaged in commercial and middle market lending primarily in the New York metropolitan area, and CB, LLC, an entity formed to dispose of a real estate project of which Doral Bank took possession during 2005. Doral Money consolidates two variable interest entities created for the purpose of entering into a collateralized loan arrangement with a third party.
Doral Financial Corporation's common shares trade on the New York Stock Exchange under the symbol DRL. Additional information about Doral Financial Corporation may be found on the Company's website at www.doralfinancial.com.
For more information contact:
Investor Relations:
Christopher Poulton
EVP
Email Contact
212-329-3794
Media:
Lucienne Gigante
SVP Public Relations & Community
Email Contact
787-474-6298
Spread the Word...
Hang in here buddy this is just a time out and were still going places.... LOL!
BUY TIME FOLKS AT THESE LEVELS!!
Looks like Im going to Roll the Dice here Winks and Grab some in the .50's and Try to bring the boyz on board to get this back where it was...
Need some Holiday $#$$$$$$$$$$$#@$$#$#$#$#
Bring the Volume!!
LEGENDS EXECUTIVE RETURNS FROM ELECTRONICS FAIRS
Legends Business Group, Inc. Executive returns from China with new potential manufacturers for specific parts, innovative energy devices, and promising interest for the MFCC in the Chinese market.
Legends Business Group (LGBS: PK) today announced that its' Vice President has returned from the Hong Kong Electronics Fair and Canton Fair in Guanzhou with potential new parts for the Multi-Function Charger Controller (MFCC), new relationships with manufacturers of innovative energy devices and promising interest in the Chinese market for the MFCC.
“The company was successful in meeting its travel objectives while attending the worlds largest electronic fairs,” said Rudy Sablon, President and CEO of Legends. “It was a great step forward for Legends to see the detailed process of the international trade market. We feel strongly about the manufacturers, devices, and contacts that were made while visiting China and look forward to strengthening our newly made relationships.”
Legends was able to secure an order for aluminum cases for the Zombie Charger line at 20% of their best prior quotes. Delivery to the US, directly to our manufacturer, is expected to be within the next two to three weeks. Some of the contacts made while attending the fair could used as potential future parts providers for the MFCC and Restorer Charger (RC) and could eventually result in lower manufacturing costs and as well as allow for a more efficient manufacturing process in the US. Additionally, contacts were made with other attractive energy efficient products that could be added to Legend's upcoming U.S. product line.
In experiencing the Chinese culture, there was a realization of a vast demand for battery-operated vehicles, such as bicycle style electric bikes (BSEB), scooter style electric bikes (SSEB) due to their low energy consumption and zero tail-pipe emissions. However, we think this demand presently seems to be met by what looks like an inefficient, non-environmentally friendly, and wasteful use of batteries. Legends feels that the MFCC would be a great fit for the Chinese market, which could have a great demand for energy efficient products such as the MFCC. During his networking, the company executive met contacts in Ningbo, a seaport city in the Zhejiang province ROC, which could help Legends potentially break in to the Chinese market. With Ningbo’s abundance of bicycle style electric bikes (BSEB) and scooter style electric bikes (SSEB), this city, in the future could be a great testing ground and selling place for their chargers and restorers.
One of Legends new undertakings is overall transparency to its shareholders; this can be demonstrated on our website. Visit: http://www.legendspower.com/current_projects.php
About Legends Business Group
Legends Business Group, Inc., was incorporated in March 2006, and is a publicly traded company. The company has recently refocused its purpose and has moved itself into the alternative and exotic energy marketplace. For more information please visit: http://www.legendspower.com
Safe Harbor Statement
This report includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for the fiscal year and beyond could differ materially from the Company's current expectations. Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates," "targets," and other similar expressions that indicate trends and future events. Factors that could cause the Company's results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company's products and services, the frequency, magnitude and timing of paper and other raw-material-price changes, general business and economic conditions beyond the Company's control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace, cost-containment strategies, and the Company's success in attracting and retaining key personnel. Additional information concerning factors that could cause actual results to differ materially from those projected is contained in the Company's filings. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely.
Yup Me too.
Aways makes you wonder what somebody might know when they buy at such a Gap!!
Im always Holding and love to be adding....
Paper thin here folks... One days of News and your all RICH!!!!!
So True on that... Not as easy as u think to fill a order down here..
Ya We need something here other then a great chance to add cheap shares down here.... WERE SINKING!!@!!
The Stock Might be down today But the Posts on the Site are Up.. Glad Everybody weathered the storm and This is a Great PRice to be adding cheap shares
Nice Buy Level Here.. Looked like somebody might have needed some Coin!
Take a ride down "35" on the Jersey shore and talk about a War Zone!
South side of Long Island and Jersey Shore is in tuff shape and many have no power let alone web service... This one will Shine again but Not today....
What a Wild Ride winks.. Glad your Inland a few Miles But the Coast and NYC is Torn up... Its going to be Years before Some Area's can rebuild..
STAY STRONG HOMEBOY!
Long Island and all costal Area's Got Slammed this Stock will be on Hold for a few weeks if not longer.....
UPDATE: Companies Postpone Earnings Reports in Light of Hurricane Sandy
PrintAlert
Pfizer (NYSE:PFE)
Intraday Stock Chart
Today : Tuesday 30 October 2012
--Pfizer, Thomson Reuters and others postpone results
--U.S. stock and options markets close Monday because of hurricane
--Conference Board postpones release of its October consumer-confidence report
(Updates with details about additional companies beginning in fifth paragraph)
By Saabira Chaudhuri and Nathalie Tadena
A number of U.S. companies disclosed plans to postpone their quarterly reports because of the pending arrival of Hurricane Sandy on the East Coast, a move that comes during one of the busiest weeks of the third-quarter earnings season.
Among those delaying reports are pharmaceutical company Pfizer Inc. (PFE), financial-data-and-news provider Thomson Reuters Corp. (TRI, TRI.T) and education-and-financial-content provider McGraw-Hill Cos. (MHP).
Pfizer moved its announcement to Thursday, as did media-and-merchandise company Martha Stewart Living Omnimedia Inc. (MSO), while Thomson Reuters postponed its earnings to Friday. All three companies were slated to unveil results Tuesday. Martha Stewart Living's main offices, at the far west of New York's Chelsea neighborhood overlooking the Hudson River, are in the city's mandatory evacuation zone.
Meanwhile, TD Ameritrade Holding Corp. (AMTD) moved up its fiscal fourth-quarter earnings release to Monday from Tuesday.
Avon Products Inc. (AVP) postponed its earnings announcement to Thursday from Tuesday, while Hertz Global Holdings Inc. (HTZ) moved its report back by a day, to Wednesday. Energy company Exelon Corp. (EXC) moved its earnings release to Thursday from Wednesday. Liberty Mutual Holding Co. has canceled its conference call scheduled for Tuesday. It said its earnings release will be available on its website as soon as possible.
Power-plant operator NRG Energy Inc. (NRG) moved its earnings announcement to Friday from Wednesday as did McGraw-Hill, and Entergy Corp. (ETR) rescheduled to Nov. 5 from Tuesday.
"With many of our shareholders, financial analysts, employees and others living in and around the storm's projected path, rescheduling our earnings call was an easy decision to make," Entergy Chief Executive J. Wayne Leonard said.
In all, the companies that have delayed their reports include the following:
This one will be a easy Dime when the ### 's are released...
Its hard to get a buy order filled down here....
Stick to the fundamentals. That's how IBM and Hilton were built. Good things, sometimes, take time.
FinestQuotes: http://www.finestquotes.com/movie_quotes/movie/Wall%20Street%20/page/2.htm#ixzz2AKCL20nq
Sometimes good things take time......
This run is done here.. It will see .0005 before it sees .0025
YA BUDDY !!!!!!!!!!!!!!
The waiters will be rewarded... Better return then $$ in the bank here ...
GOOD MORNING ICNB!!!!!!!!
Keep it clean and fun!!
A Crash? Somebody Sold off $3k in shares thats somebody needing gas Money!
We just need to get this one on the RADAR and see the volume make it run back to the .006s
Good Morning.....
Romney will be running the show very soon............
LOL $$$$$$$$$$
Great Consolidation day here...$. Just wish I was at the PC to grab those cheap shares yesterday Morning
LETS MAKE IT RAIN!!!!!!
Already .0033 on the ask this one is Thin to .0044
$$ GOOD MORNING $$ CLOSER THEN EVER FOR THE RUN NOW ... THE REWARD WILL BE WORTH THE WAIT $$$$$$$$$$$$$$$$$$
$$$$$$$$$ LGBS IS A STONG PLAY THIS WEEK $$$$$$$$$$$$$
Big Steps Yesterday afternoon... Glad we got alot of Weak hands out and for cheap $$$$$$$$$$$