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Published on 4/17/2007 in the Prospect News Distressed Debt Daily.

Quigley posts $749,678 March operating loss

By Caroline Salls

Pittsburgh, April 17 - Quigley Co., Inc. reported a $749,678 operating loss for March, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of New York.

The loss widened from a $607,417 February operating loss.

The net loss for March was $582,413, improved slightly from a $596,945 February net loss.

Cash on March 31 was $20.81 million, compared with $21.44 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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