11:59 AM EST - Clarke Inc. : reported a first-quarter net loss of $10.1 million, compared to net loss of $2.1 million for the same period in 2008. The company said that the main reason for widen loss was the non-cash, other-than-temporary impairment charge of $12.9 million, before taxes, taken on Clarke's portfolio of marketable securities and long-term investments as a result of the continued decline in global equity markets. Clarke posted a comprehensive loss for the first quarter of 2009 of $24.4 million, as compared to comprehensive loss of $9.8 million for the first quarter of 2008. Loss from continuing operations for the quarter was $0.48 per share, compared to a loss of $0.10 per share for the same period in 2008, a decrease of $0.38 per share. Revenue and other income for the quarter was $46.5 million, compared to $62.8 million in the year-ago quarter. Clarke Inc.
shares T.CKI are trading even at $2.95.
