| Doral Regains Compliance With NYSE Listing Standards and Fannie Mae to Redeem Floating Notes Due 2024 |
| News - Financial News |
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SAN JUAN, PR--(Marketwire -02/03/12)- Doral Financial Corporation (NYSE: DRL - News) ("Doral Financial"), the holding company of Doral Bank, with operations in Puerto Rico and the U.S., today confirmed that it has regained compliance with the New York Stock Exchange, Inc.'s ("NYSE") continued listing standards.On December 14, 2011, Doral Financial received notification from the NYSE that it was not in compliance with Section 802.01C of the NYSE Listed Company Manual, which requires an average closing price of not less than $1 per share over a consecutive 30-trading day period. Doral Financial received confirmation on February 2, 2012 from the NYSE that it was in compliance with the NYSE's listing standards.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. [Read the full article] Tom Westdyk, Managing Director of CIT Communications, Media and Entertainment at CIT Group Inc. (NYSE: CIT) cit.com, a leading provider of financing to small businesses and middle market companies. (Photo: Business Wire)Multimedia Gallery URLNEW YORK--(BUSINESS WIRE)-- Traditional communications and information services and technology companies continue to experience strong growth increases in underlying demand, as M&A activity and rapid organic growth continue to drive the need for capital in the industry, according to Tom Westdyk, Managing Director of CIT Communications, Media and Entertainment at CIT Group Inc. (NYSE: CIT - News) cit.com, a leading provider of financing to small businesses and middle market companies. [Read the full article] Feb 6 (Reuters) - Freddie Mac, the No. 2 U.S. home funding company, said on Monday it would sell $2 billion in bills later in the day. The sale will include $1 billion 3-month bills, due May 7, 2012, and $1 billion 6-month bills, due Aug. 6, 2012. The bills will be sold over the Internet in a Dutch auction. In such uniform price auctions, successful bidders pay only the price of the lowest accepted bid rather than the actual price as in a conventional multiple-price auction. Bids will be accepted from authorized dealers from 8:00 a.m. (1300 GMT) until 9:45 a.m. (1445 GMT). Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. [Read the full article] 
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