Rochester,NY 8/18/2009 12:17:49 AM
News / Business

Newcastle Investment Corp.,NCT-Declared Second Quarter 2009 Results

Newcastle Investment Corp

Aug 7, 2009, Newcastle Investment Corp. anounced that for the quarter ended June 30, 2009, GAAP loss was $47.4 million or $0.90 per diluted share, compared to GAAP loss of $1.66 per diluted share for the quarter ended June 30, 2008.

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The GAAP loss of $47.4 million comprises of net interest income less expenses of $20.9 million plus other income of $55.1 million, less impairments of $123.4 million.

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