Sprint Nextel reports 2Q loss, stock slides

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In this Feb. 28 2008 file photo a customer is helped at a Sprint phone store in Murray Utah. Sprint Nextel Corp. the nations third-largest wireless carrier said Wednesday it swung to a second-quarter loss on severance and other charges but still beat ...
In this Feb. 28, 2008 file photo, a customer is helped at a Sprint phone store in Murray, Utah. Sprint Nextel Corp., the nation's third-largest wireless carrier, said Wednesday it swung to a second-quarter loss on severance and other charges but still beat Wall Street expectations and said it had slowed customer defections. (AP Photo/Douglas C. Pizac)

(AP) -- Sprint Nextel Corp.'s up-and-down road to recovery continued Wednesday as the company reported adjusted second-quarter results that beat Wall Street expectations as well as a slower loss of subscribers.


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