Earnings roundup: Sprint Nextel, Gerdau Ameristeel

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OVERLAND PARK, Kan. (AP) -Wireless carrier Sprint Nextel Corp. said Monday it had a larger first-quarter deficit as revenue fell, it lost more than a million subscribers and it absorbed charges for severance and other costs.

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TAMPA, Fla. (AP) -Gerdau Ameristeel Corp. said Monday its first-quarter profit rose 22 percent on greater production, largely from a recent acquisition, as well as higher selling prices.

ST. LOUIS (AP) -Charter Communications Inc.'s first-quarter loss narrowed on higher revenue as more customers took Internet and phone connections, the cable operator said Monday.

BERLIN, N.J. (AP) -Arts and crafts retailer A.C. Moore Arts & Crafts Inc. said Monday it swung to a first-quarter loss, larger than analysts expected, because of lower demand for its products amid a difficult retail environment.

PRINCETON, N.J. (AP) -Biotechnology company Medarex Inc. said Monday its first-quarter profit fell 6 percent, but adjusted results beat Wall Street's expectations.

DALLAS (AP) -Regency Energy Partners LP swung to a first-quarter profit as higher gas sales and the inclusion of acquired properties drove revenue higher.