Today's Financial Stock Winners and Losers

Doral Financial(DRL Quote) gained as the Puerto Rico-based company was upgraded by Cohen Brothers to hold from sell.

Doral said it closed the repurchase and subsequent resale of roughly $608 million of mortgage loans previously sold to Banco Santander Puerto Rico, a wholly owned subsidiary of Santander BanCorp. Doral had agreed to acquire from Banco Santander certain mortgage loans previously sold by Doral to Banco Santander during 2004 and the first quarter of 2005. Most of the mortgage loans purchased from Banco Santander were resold to a third party on May 15 and May 16. The transactions are not expected to have a material impact on the company's results of operations but will have a positive impact on the Doral's regulatory capital ratios. Shares closed up 51 cents, to 7.7%, to $7.11 Friday.

Nasdaq(NDAQ Quote) gained after the New York-based stock exchange said Friday that it had increased its ownership stake in the London Stock Exchange to 25.1%, giving it the right to block any merger bid by one of its rivals. ...