Qwest to Settle with SEC for $250 Million
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Qwest Communications International Inc. (QN: Quote, Profile, Research) has agreed to pay $250 million to settle financial and disclosure fraud charges, a source familiar with the matter said on Friday.
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MCI Inc. MCIP.O has received a  $6.3 billion takeover bid from Qwest Communications  International Inc. Q.N and has held talks with another  potential suitor, Verizon Communications Inc. VZ.N, sources  familiar with the situation said on Thursday.
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WASHINGTON (CBS.MW) -- Qwest Communications on Thursday said it&#39;s agreed to pay $250 million to end a federal probe of allegedly fraudulent accounting practices used by former executives.
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Denver-based Qwest Communications International Inc. reportedly has agreed to settle fraud charges for $250 million. The Associated Press and Reuters reported Friday afternoon that Qwest (NYSE: Q) has agreed
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Under a deal with the Securities and Exchange Commission that is still under discussion, Time Warner would not admit any wrongdoing but would pay $750 million to settle the case.
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AT&T, Level 3 Communications, Qwest Communications, Sprint Nextel and Verizon â were awarded a federal telecommunications contract worth $20 billion.
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Bank of America Corp.  agreed  to pay $26 million to settle regulatory charges that it issued  false equity research, and let its own traders misuse analyst  reports to generate improper profits.
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The former chief financial officer of Qwest Communications International Inc.  was ordered to pay a total of $577,052 to settle charges that she helped defraud investors of billions of dollars, the U.S. Securities and Exchange Commission said on Friday.
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Qwest Communications International  Inc. Q.N on Wednesday released details of its spurned bid for  MCI Inc., MCIP.O, saying its offer had a total value of $8  billion, or $1.25 billion more than the winning bid by Verizon  Communications Inc. VZ.N
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Rogers Communications Inc. said Monday it had reached a tentative deal to buy AT&amp;T Wireless Services Inc.&#39;s 34 percent stake in Rogers Wireless Communications in a deal worth C$1.
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Qwest Communications International Inc. on Thursday reported a third-quarter loss, citing charges and lower revenue. The provider of voice, video and data services posted a quarterly loss of $569 million, or
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Qwest Communications International  Inc. Q.N offered to acquire long-distance telephone and data  services company MCI Inc. MCIP.O for more than $6 billion,  sources familiar with the situation said on Thursday.
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The Securities and Exchange Commission reached a settlement with the Walt Disney Co. yesterday over the company&#39;s not disclosing its relationships with various board members as well as with an airline controlled by a director.
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- Qwest Communications International Inc  said it settled a patent lawsuit with Ronald A. Katz Technology Licensing L.P. and would pay an undisclosed sum for a nonexclusive license for interactive voice applications patented by Katz.
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WASHINGTON (CBS.MW) -- Shares of Qwest Communications International rose more than 5 percent in Friday action amid news that the company has agreed to pay $250 million to end a federal probe of fraudulent accounting practices employed by former management
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Intel will pay $250 million to settle a patent-infringment lawsuit over chip design.
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The Securities and Exchange Commission reached a settlement today with the Walt Disney Company over the company&#39;s failure to disclose its relationships with various board members as well as with an airline controlled by a director.