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Title: Sprint Nextel Posts $29.5 Billion Loss Post by: Taniya on March 03, 2008, 08:00:52 PM Sprint Nextel Posts $29.5 Billion Loss
Sprint?s stock slid more than 9 percent after the company announced a $29.45 billion fourth-quarter loss, due mostly to a huge write-off related to its merger with Nextel Communications. http://www.nytimes.com/2008/02/28/technology/28cnd-sprint.html?ex=1361941200&en=ca1c9b20822addd5&ei=5088&partner=rssnyt&emc=rss |