Thursday, May 10, 2007

UPDATE 1-Argentina's Grupo Galicia 1st-qtr net loss widens

(Reuters) - Grupo Galicia posted a net loss of 18.1 million pesos in the first quarter, compared with 14.3 million pesos a year ago.

The result fell short of market expectations. A Reuters poll of five analysts had put the company's net loss at a median of 10 million pesos, with estimates ranging from a net profit of 17.1 million to a loss of 35 million pesos.


Read more at Reuters.com Market News

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