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Published on 9/15/2006 in the Prospect News Distressed Debt Daily.

Quigley posts $542,719 August operating loss

By Caroline Salls

Pittsburgh, Sept. 15 - Quigley Co., Inc. reported a $542,719 operating loss for August, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of New York.

The loss marks an improvement from a $1.27 million July operating loss.

The net loss for August shrank to $475,491 from a $900,827 July net loss.

Cash on Aug. 31 was $20.7 million, compared with $20.98 million at the end of July.

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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