(DRL)


NYSE - NYSE Delayed Price. Currency in USD
0.720.00 (0.00%)
As of 3:27 PM EST. Market open.
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1d
Open0.00
Prev Close0.72
Bid0.00 x
Ask0.00 x
Day's Range0.00 - 0.00
52wk Range
1y Target EstN/A
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Trade prices are not sourced from all markets
  • Reuterslast year

    Lehman 'repo' clients are not customers - U.S. appeals court

    A U.S. appeals court said banks that enter repurchase agreements with brokerages do not qualify as "customers" entitled to special legal protections when those brokerages fail, in a case arising from Lehman Brothers Holdings Inc's 2008 bankruptcy. Monday's decision by the 2nd U.S. Circuit Court of Appeals may free James Giddens, the trustee liquidating Lehman's brokerage unit, to distribute more money to its unsecured creditors. It also highlights a risk of repurchase agreements, or repos, which are widely used in Corporate America.

  • Reuterslast year

    Parent of Puerto Rico's Doral Bank to liquidate in Chapter 11

    Doral Financial Corp filed for Chapter 11 bankruptcy protection on Wednesday to wind down its remaining operations two weeks after its Puerto Rico-based bank subsidiary was seized by regulators. Doral Financial's bankruptcy is the latest reminder of the financial crisis on the island, a U.S. commonwealth, which has been mired for years in an economic slump. The seizure of the company's bank was sparked in part by a refusal by the island's cash-strapped government to pay $230 million in tax refunds claimed by Doral Financial. Doral Bank was closed by Puerto Rico's financial regulator on Feb. 27, the same day the holding company lost a bid to have the island's Supreme Court hear the tax dispute.

  • Reuterslast year

    Doral Financial files for Chapter 11 bankruptcy

    Doral Financial Corp filed for voluntary Chapter 11 bankruptcy protection on Wednesday, saying it intends to wind down its businesses, liquidate its assets, and seek approval for a liquidation plan. Doral ...