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sterlingkuning

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sterlingkuning

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Thursday, 08/11/2011 12:48:27 PM

Thursday, August 11, 2011 12:48:27 PM

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DORAL FINANCIAL IS GOING BACK IN THE BLACK AS POSITIVE EARNINGS ARE NOW EXPECTED (DRL)
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Aug 11, 2011 (SmarTrend(R) News Watch via COMTEX) -- Doral Financial (NYSE:DRL - Snapshot Report), which was in the red a year ago, is expected to turn a profit this year according to analyst expectations.

In the last fiscal year, the company lost $2.81 per share. Doral Financial is now estimated to attain profitability and earn $0.07 per share this year, based on 127.3 million shares outstanding.

Doral Financial is currently trading below its 50-day moving average of $1.91 and trading below its 200-day moving average of $1.53.
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