Doral Financial Corp.’s stock plunged 19 percent Monday, closing at .57 cents per share. The significant drop comes in the wake of $32.5 million in third-quarter losses and a warning from the New York Stock Exchange of a possible delisting, as its stock has been trading for less than $1 over the past 30 days.
Six months after introducing its mobile banking application for the iPhone and iPod touch, Banco Popular de Puerto Rico announced the launch of the version for Android devices.
Oriental Financial Group Inc. announced Thursday it is looking to raise some $45.7 million from the sale of 4,390,243 shares of its common stock at a price of $11.10 per share.