Nextel Falls 6.1% on Warning
Mobile phone operator
Nextel Communications
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was down 6.1% in preopen
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It posted a fourth-quarter loss, including a one-time credit, of 8 cents a share, narrower than expected and up from a loss of 52 cents a year ago.
The fly in the ointment is that it also warned that its first-quarter results would be hurt by increases in operating expenses.
