| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers W > Headlines for Washington Mutual, Inc. > News item |
Washington Mutual net loss drops to $16.85 million in June; sales fall
By Caroline Salls
Pittsburgh, Aug. 2 - Washington Mutual, Inc. reported a $16.85 million net loss for June on $2.06 million in total revenues, according to its monthly operating report filed Aug. 2 with the Securities and Exchange Commission.
In comparison, the company posted a $20.69 million net loss for May on $4.64 million in total revenues.
Cash and cash equivalents were $4.502 billion at June 30, down from $4.520 billion at the end of May.
In addition, WMI Investment Corp. posted a $23,927 net loss for June on negative $9,273 in total revenues, compared with a $23,353 net loss for May on negative $8,811 in total revenues.
WMI had $276.37 million in cash and cash equivalents at June 30, up from $276.35 million at May 31.
Washington Mutual, a Seattle-based savings and loan holding company, filed for Chapter 11 bankruptcy on Sept. 26, 2008 in the U.S. Bankruptcy Court for the District of Delaware. Its Chapter 11 case number is 08-12229.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.