Thursday, June 14, 2007

UPDATE 1-Freddie Mac posts $211 mln net loss in 1st quarter

(Reuters) - The loss contrasts with a net gain of $2 billion the
company reported for the same period in 2006.




The company reported a net share loss of 46 cents in the
first quarter. Excluding unusual items, Freddie Mac was
expected to show a profit of $1.09 per share in the first
quarter, according to Reuters Estimates.


Read more at Reuters.com Bonds News

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