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Article: Correction To Municipal Development Reports $6,398,965 Loss For 1988. (CORRECTION)
- Article from:
- PR Newswire
- Article date:
- February 6, 1989
CopyrightCOPYRIGHT 1989 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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/C O R R E C T I O N -- MUNICIPAL DEVELOPMENT/
MUNICIPAL DEVELOPMENT REPORTS $6,398,965 LOSS FOR 1988
In NY014, Municipal Development Corporation earnings, moved Friday, Feb. 3, in the tabular material, income (loss) from discontinued operations, net of taxes for the year 1988 should read "$(767,635)" rather than "$(768,635)" as originally transmitted. The corrected release follows:
NEW YORK, Feb. 3 /PRNewswire/ -- Municipal Development Corporation (MDC) (NASDAQ: MUNI) today reported a $6,398,965 loss for the fiscal year ended Sept. 30, 1988.
Results for 1988 include the consolidation of Unibase Data Entry, Inc., the ...