Among the earnings stories for Monday, May 12, from AP Financial News:
KANSAS CITY, Mo. (AP) _ Sprint Nextel Corp.'s Dan Hesse had little good news to share Monday on the eve of addressing his first shareholder meeting as chief executive of the troubled wireless carrier.
KIRKLAND, Wash. (AP) _ Clearwire Corp., which is merging its wireless broadband unit with that of Sprint Nextel Corp. to create a $14.55 billion communications company, said Monday its first-quarter loss nearly doubled year-over-year on surging expansion costs.
IRVING, Texas (AP) _ Fluor Corp.'s profit leaped 63 percent in the first quarter as the engineering and construction contractor won a host of new projects, especially in the energy sector, the company said Monday.
NEW YORK (AP) _ Apparel maker The Warnaco Group Inc. on Monday said first-quarter fell 53 percent, mainly due to one-time charges, but revenue rose on strong results from Calvin Klein apparel.
LOS ANGELES (AP) _ RadNet Inc., which operates medical diagnostic imaging centers, on Monday reported a narrower first-quarter loss, but the company's expenses grew.
HOUSTON (AP) _ Natural gas producer GeoMet Inc. said Monday it posted a deeper first-quarter loss, as the company took more significant losses related to the value of certain contracts.
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