Former Qwest Communications chief Joseph Nacchio voluntarily withdrew an appeal of his criminal conviction on Friday, marking what may be the final chapter of his long running insider trading case.
The companies that reported news on Wednesday after the market close are: Cisco Systems, CenturyLink, Qwest Communications, Delta Air Lines, Massey Energy, AMR, American Airlines, Ruby Tuesday, Resources Connection, Mindspeed Technologies, Quidel, Lacrosse Footwear, and Daqo New Energy.
Here are the ten best-performing stocks of the S&P 500 for 2010.
CenturyTel Inc has won U.S. antitrust approval to buy Qwest Communications International Inc , the Federal Trade Commission said on Friday.
Warren Buffett on Saturday launched a strong defense of Berkshire Hathaway Inc's $5 billion investment in Goldman Sachs Group Inc and the investment bank's embattled chief executive, Lloyd Blankfein.
Almost two decades ago, as interim chairman of Salomon Inc, Warren Buffett worked to restore order at the Wall Street firm after a Treasury auction scandal. Integrity mattered more to him than a few dollars lost.
Spirits sank in the Mile High City on Thursday as hometown telephone company Qwest said it would be taken over by a Louisiana company, the third strike in two years for Denver after the loss of Coors beer and Frontier Airlines.
CenturyTel Inc said it will buy the Qwest Communications International Inc , in a $10.6-billion stock deal, combining the third and the fourth biggest U.S. landline phone companies to help them compete more aggressively and cut costs.
U.S. lawmakers said on Friday they introduced a measure aimed at overhauling an annual fund intended to ensure nationwide telephone service in high-cost, rural areas by including money for high-speed Internet use.
Qwest Communications International Inc posted a higher-than-expected quarterly profit and boosted its full-year outlook as it planned more cut costs, sending its shares up 3.4 percent.
Qwest Communications International Inc posted quarterly revenue that was slightly below Wall Street expectations but its shares rose almost 4 percent as it increased its profit outlook for the year.
Qwest Communications International posted quarterly revenue that was slightly below Wall Street expectations but its shares rose almost 6 percent as it increased its profit outlook for the year.
The U.S. Supreme Court said on Monday it rejected an appeal by former Qwest Communications International Inc Chief Executive Joseph Nacchio of his insider trading conviction on the grounds that he did not get a fair trial.
The U.S. Supreme Court said on Monday it rejected an appeal by former Qwest Communications International Inc Chief Executive Joseph Nacchio of his insider trading conviction on the grounds that he did not get a fair trial.
Qwest Communications International Inc said it has eliminated tens of thousands of dollars of annual payments to cover expenses of its chief executive and other top officials.
Qwest Communications International Inc said on Tuesday that it would discontinue its own-brand wireless service at the end of October and started telling customers they need to switch to another service.
Ex-Qwest Chief Executive Joseph Nacchio could get his six-year prison sentence and $52 million penalty for insider trading reduced, after an appeals court said on Friday he was improperly sentenced.
- A U.S. judge has given final approval to $695 million in settlements to shareholders suing Qwest Communications International Inc for securities fraud.
Warren Buffett acknowledged on Saturday that his Berkshire Hathaway Inc will probably lose money on some of the derivatives contracts that have prompted some to speculate that the world's most famous investor has lost his touch.
By one measure, Warren Buffett is coming off his worst year ever. But by another measure, the investor may be more popular than ever.
The former CEO of Qwest International Inc , convicted of insider trading, lost his bid to further delay his prison sentence on Tuesday after the U.S. Supreme Court rejected his appeal.
Former Qwest International Inc Chief Executive and convicted insider trader Joseph Nacchio appears headed for prison on Tuesday after a years-long legal battle marked by a litany of appeals and verdict reversals.