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UPDATE 1-CenturyLink, Qwest merger wins final approval

By latestbusinessreport on | From latestbusinessreport.com
NEW YORK, March 24 (Reuters) - Oregon utility regulators have approved the pending merger between CenturyLink Inc and Qwest Communications International Inc , CenturyLink said on Thursday, the final... Next >Read Full Story

UPDATE 1-Qwest reports quarterly loss, revenue falls

By latestbusinessreport on | From latestbusinessreport.com
NEW YORK, Feb 15 (Reuters) - Qwest Communications posted a quarterly loss and a 3.2 percent decline in revenue as consumers disconnected their phone lines. < Prev   Next >Read Full Story

Sprint CFO Bob Brust to retire, Qwest exec will replace him

| From reuters.com
NEW YORK ( Reuters ) - Sprint Nextel Corp <S.N> Chief Financial Officer Bob Brust will retire and be replaced by Qwest Communications International Inc 's <Q.N> CFO Joseph Euteneuer . Brust, 67, will remain as CFO until Euteneuer joins the team. Euteneuer will join after CenturyLink completes its purchase of Qwest, the wireless phone company said on Tuesday. Euteneuer is 55 years old. Before working at Qwest, Euteneuer was CFO of XM Satellite Radio Holdings Inc, a satellite radio provider. He...Read Full Story

Arizona authorities clear CenturyLink, Qwest deal

| From ap.org
Two state regulatory bodies in Arizona have approved the $10 billion acquisition of Qwest Communications International Inc. by CenturyLink Inc. , the companies said Monday. The Residential Utility Consumer Office and the staff of the Arizona Corporate Commission have found that the deal will not harm consumers or the public interest. The decision to approve the deal is still subject to review by the ACC's commission members, the companies said. To help win approval, the companies said they...Read Full Story

CenturyLink and Qwest shareholders OK takeover

| From ap.org
Shareholders have approved the $10 billion takeover of Qwest Communications International Inc. by CenturyLink Inc., the companies said Tuesday. CenturyLink, the fifth-biggest local phone company in the U.S. is buying Qwest, the third-biggest, as both struggle with the decline of landline phone use in favor of cell phones. Both companies said they won the support of 97 percent of votes cast by shareholders at meetings held Tuesday in Monroe, La., where CenturyLink is based, and Denver, where...Read Full Story
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News
SEC reaches settlement with former Qwest CFO
The Securities and Exchange Commission has reached a settlement with former Qwest Communications International Inc. Chief Financial Officer Robert Woodruff over claims that he and others gave investors a skewed impression of the company's performance between 1999 and 2002.  
From syndication.boston.com ()
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SEC agrees to settlement deal with last ex-Qwest civil defendants
The Securities and Exchange Commission has reached plea agreements with an ex-Qwest CFO and another former company official -- the two last defendants sued by the agency over the Denver-based telecom's financial irregularities prior to 2001. The Associated Press reports that the SEC filed notice of a plea deal with the federal court under which Robert Woodruff, former CFO of Denver-based Qwest Communications International, would admit no...  
From bizjournals.com ()
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Robert Woodruff Case: SEC Reaches Settlement With Former Qwest CFO
DENVER -- The Securities and Exchange Commission has reached a settlement with former Qwest Communications International Inc. Chief Financial Officer Robert Woodruff over its civil fraud lawsuit.Woodruff agreed to settle without admitting or denying allegations that he and others gave investors a skewed impression of the company's performance between 1999 and 2002, according to court documents. He would be ordered to pay a disgorgement of $1.7...  
From huffingtonpost.com ()
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SEC settles with former Qwest CFO Woodruff, dismisses claims against ex-Qwest...
DENVER — The Securities and Exchange Commission has reached a settlement with former Qwest Communications International Inc. Chief Financial Officer Robert Woodruff over its civil fraud lawsuit. Woodruff agreed to settle without admitting or denying ...  
From api.bing.com ()
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Business Briefing | Legal News: S.E.C. Settles With Former Qwest Executive
The Securities and Exchange Commission has reached a settlement with the former chief financial officer of Qwest Communications International, Robert Woodruff, regarding a civil fraud suit.  
From nytimes.com ()
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Girish Varma appointed as VP, CIO of Qwest Communications
Qwest Communications International announced the appointment of Girish K. Varma as Vice President and Chief Information Officer (CIO) from September 25, 2006. He will report to Barry K. Allen, Qwest executive Vice President-operations. Replacing Balan Nair ...  
From api.bing.com ()
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Former Qwest exec to join OEDIT leadership team
DENVER – Teresa Taylor, former COO for Qwest Communications, has joined the Colorado Office of Economic Development and International Trade as an executive advisor to focus on statewide industry growth. Taylor's main responsibilities will be ...  
From api.bing.com ()
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