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Wednesday, April 7, 2010 as of 11:14 AM ET

Qwest Communications

Qwest Communications International, Inc. was a large United States telecommunications carrier. Qwest provided local service in 14 western U.S.

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CenturyLink 1Q Net Slips 5.2%; Lifts Full-Year Profit View

CenturyLink Inc.

's (CTL) first-quarter earnings fell 5.2% as higher operating expenses masked the telecom company's revenue growth.The company raised its full-year earnings view by 10 cents, now projecting adjusted earnings of $2.35 to $2.55 a share. It reaffirmed its full-year revenue targets.For the current quarter, CenturyLink sees adjusted per-share earnings of 59 cents to 64 cents and operating revenue of $4.55 billion and $4.6 billion. Analysts polled by Thomson Reuters most recently projected 59 cents and $4.58 billion, respectively.The third-largest landline provider in the U.S. in recent periods has recorded increases in high-speed Internet subscriptions and has seen revenue helped by gains from last year's acquisitions of Qwest Communications and Savvis Inc. Meanwhile, the company's legacy businesses have been affected by access-line losses and lower access revenue in recent periods.CenturyLink reported a first-quarter profit of $200 million, or 32 cents a share, down from $2...

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    Pres. Obama coming to Wall Street. Qwest and Centurytel Merging. Target to sell Amazons Kindle.

  2. Centurytel and Qwest Agree to Merge

    Centurytel and Qwest agree to $10.6 billion stock swap.

  3. Qwest Communications 4Q Profit Drops, Misses Views

    Qwest Communications (Q), the phone company that serves 14 states in the West, reported a drop in profit for its fourth quarter due to customers disconnecting their ...

  4. US lawmakers propose changes in telecom subsidies

    Two U.S. lawmakers have proposed legislation that would allow money from a huge fund that subsidizes telephone and mobile service to parts of the U.S. to also go for...

  5. Qwest Wires The DNC

    Qwest sets up the communications for the DNC

  1. DOJ: $44 Million Returned To Victims Of Qwest Stock Fraud

    The Justice Department said it returned about $44 million to shareholders who lost money during former Qwest Communications International Inc. Chief Executive Joseph...

  2. CenturyLink's 4Q Profit Falls 52% On Write-Downs

    DOW JONES NEWSWIRESCenturyLink Inc.'s (CTL) fourth-quarter earnings fell 52% on acquisition-related write-downs and as the telecom company's posted a modest revenue ...

  3. Work-Release Would Free Caged Executive Talent

    He's 64 years old. He's a convicted felon with a shaved head. He's locked up in prison. And even with the nation's unemployment rate at 9.1%, he can still find a job...

  4. Factbox: The worth of a white-collar felon

    NEW YORK (Reuters) - When Raj Rajaratnam is sentenced on July 29, he could join a small club of fallen financiers and executives who've spent years behind bars.The n...

  5. Qwest revenue falls, CenturyLink helped by Embarq

    NEW YORK (Reuters) - U.S. phone carrier Qwest Communications reported lower quarterly revenue Wednesday as a tough economy prompted more customers to disconnect thei...

  6. Qwest revenue falls as more customers disconnect

    NEW YORK (Reuters) - Qwest Communications reported lower quarterly revenue on Wednesday as a tough economy prompted more customers to disconnect their landlines.Whil...

  7. Philip Morris 1Q Earnings

    Philip Morris 1Q EPS 0.90 Misses Estimates PepsiCo 1Q EPS Beats Estimate by 0.14 Qwest , CenturyTel Announce Merger

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