Qwest posts quarterly loss after SEC settlement
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WASHINGTON, DC--Qwest Communications, the No. 4 US local telephone company, reported a third-quarter loss on Thursday due to a decline in revenue and having settled charges with US regulators.
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Palm Inc , the maker of Treo smartphones, posted a quarterly loss on Tuesday after a delay of a key new product.
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AT&amp;T on Thursday reported a $7.1bn third-quarter loss because of an $11.4bn writedown of its assets after its retreat from consumer services and other restructuring charges.
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Sara Lee Corp.  posted a quarterly loss on Wednesday, hurt by charges to account for the lower value of some assets.
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AT&amp;T Corp. (TN: Quote, Profile, Research) , the No. 3 US telephone company, on Thursday reported a $7.1 billion third-quarter loss due to $12.
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Qwest Communications International Inc., the fourth-largest US local-telephone provider, agreed to pay $250 million to settle US Securities and Exchange Commission allegations that it
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Cable operator Cablevision Systems Corp.  on Tuesday posted a quarterly loss, though subscribers continued to grow across its television, telephone and high-speed Internet service.
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Qwest Communications International  Inc. Q.N on Tuesday reported a smaller quarterly loss as it  reduced costs through job cuts and lower network expenses.
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The smartphone maker said Tuesday that it swung to a loss in its fiscal second quarter as revenue fell and expenses rose.
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Qwest Communications International Inc. has agreed to pay $250 million to settle financial and disclosure fraud charges, the US Securities and Exchange Commission said Thursday.
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Qwest Communications has agreed to pay $250 million to settle a Securities and Exchange Commission investigation into its accounting practices.
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Motorola Inc said on Wednesday it will post an operating loss in the current quarter as its cell phone business is taking longer than expected to turn around, dashing Wall Street hopes for a profit and sending its shares down as much as 23 percent.
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Qwest Communications International Inc. yesterday agreed to pay $250 million to settle Securities and Exchange Commission charges that the company fraudulently booked $3.
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Cable operator Cablevision Systems  Corp.  on Tuesday posted a quarterly loss, though  subscribers continued to grow across its television, telephone  and high-speed Internet service.
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Qwest Communications International, the US telecommunications group, is understood to have agreed to pay $250 million to end a two-year federal probe of alleged fraudulent accounting practices employed by former management.
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The Securities and Exchange Commission is expected to announce today a settlement with Qwest that is highly critical of &quot;senior management,&quot; two sources familiar with the case said.
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Merck posted a $1.63 billion fourth-quarter loss on Wednesday as charges for its Vioxx litigation settlement dragged down results and share prices.