Tuesday, July 24, 2007

UPDATE 1-FirstCity Financial posts Q1 loss, lower Q4 profit

(Reuters) - Shares of the financial services company were down almost
13 percent at $8.85 in morning trade on the Nasdaq Tuesday,
after falling to a year-low of $8.51 earlier in the day.




The company posted a loss of $914,699, or 8 cents a share,
for the first quarter ended March 31, compared with a profit of
$2.0 million, or 17 cents a share, in the year-ago period.


Read more at Reuters.com Market News

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