A spokesman for the Stamford, Conn. based company said operations had a loss of $5.5 million for the quarter; in addition, the loss was magnified by nonrecurring charges totaling $23.5 million and $8.2 million in asset - valuation adjustments that he described as " unusual. "
A Stamford, CT based company spokesman said operation lost $5.5 million for the quarter. Additionally, the loss was magnified by nonrecurring charges totaling 23.5 million was unusual.