Monday, May 7, 2007

CORRECTED - CORRECTED-CORRECTED-KMG America exploring strategic alternatives

(Reuters) - The insurance holding company posted a loss of $9.4 million, or 42 cents in the first quarter, compared with a profit of $1.2 million, or 6 cents a share, in the year-ago period. Excluding the charges, it would have reported earnings per share of 5 cents.

KMG said it retained Keefe, Bruyette and Woods as its financial advisor.


Read more at Reuters.com Market News

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