Qwest's Ex-CEO is charged in probe of insider trading
Article Abstract:
Former Chief Executive Officer Joseph Nacchio, Qwest Communications International Inc. of the United States has been charged with insider trading. A criminal investigation revealed that Mr. Nacchio sold approximately $101 million in Qwest securities in 2001 on insider information, amongst 42 related charges. If convicted Mr. Nacchio could be sentenced to ten years and a fine of $1 million for each charge, as well as $101 million in restitution.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
France Telecom is to streamline, raise dividend
Article Abstract:
France Telecom S.A. of France posted a soaring net profit, up 89 percent to 5.71 billion Euros ($6.8 billion) in 2005 from 3.02 billion Euros last year. The telecommunications company is restructuring and is to cut its workforce by eight percent or 17,000 employees.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
AT&T plans more job cuts, asset write-off
Article Abstract:
AT&T Corp. has announced that it will be cutting 7,000 more jobs, in an attempt to deal with declining revenue and earnings.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Fiat CEO Marchionne grabs the wheel of ailing auto unit. GM to start loan blitz for '04 models
- Abstracts: The stealth of days are over... it's about time we evolved. A wave of reality should bring a more realistic perspective
- Abstracts: The bilevel linear/linear fractional programming problem. A goal programming approach to vehicle routing problems with soft time windows
- Abstracts: Coastguard warns of dangers in Decca fixes. Electronic monitoring coverage to expand. Glasgow gets the big fish!
- Abstracts: Spanish trawler fits auto freezers. Diesel-electric tuna liner. Keep ordering the new fishing ships