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Published on 4/15/2009 in the Prospect News Distressed Debt Daily.

Quigley posts $797,948 March operating loss, widening from February

By Caroline Salls

Pittsburgh, April 15 - Quigley Co. Inc. reported a $797,948 operating loss for March, widening from a $584,057 February operating loss, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of New York.

The net loss for March was $951,063, compared with an $827,804 February net loss.

Cash and short-term investments at March 31 were $9.35 million, down from $10.53 million at the end of February.

Quigley, a unit of Pfizer Inc., filed for bankruptcy on Sept. 3, 2004. Its Chapter 11 case number is 04-15739.


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