Judge tosses suit against Qwest Denver Post Qwest, the fourth-largest U.S. local-phone company, has won dismissal of a securities-fraud lawsuit filed after a joint venture between Qwest and a Dutch telecommunications firm went bankrupt. U.S. court dismisses case against Qwest Deseret Morning News Qwest Communications International Inc., the fourth-largest U.S. local phone company, won dismissal of a securities fraud suit filed after a joint venture between Qwest and a Dutch telecommunications firm went bankrupt. Qwest Buyback Disappoints Investors AP via Yahoo! Finance It's not easy being Qwest. After making a remarkable recovery from the brink of bankruptcy, the phone company last week announced it would reward its shareholders with a buyback. Firms sold on wireless VoIP Rocky Mountain News Vic Ahmed, president of the Colorado security firm SecCon- One, said his company recently went to an Internet telephony system when it moved into new digs. Acme Packet: IPO Rocket Fuel The Motley Fool via Yahoo! News Acme Packet (Nasdaq: APKT - News), which develops technologies for Internet Protocol (IP) networks, continued the recent IPO craze. Priced at $9.50 last week, the stock is now trading at $17.20. No doubt, the company is growing feverishly. But tough competitors are starting to enter the market. Qwest chunk on the block Denver Post Qwest founder Philip Anschutz has sold more than a quarter of his holdings in the Denver-based phone company this week in a complex transaction to be completed in 2010. Phone Cos. Helped by DSL, Wireless in 3Q AP via Yahoo! Finance U.S. telephone companies should post strong third-quarter results on an anticipated jump in high-speed Internet customers and continued wireless growth. As Pink Ribbons Aid Businesses, Charity Takes a Back Seat Newhouse News Service BY AMY ELLIS NUTT c. 2006 Newhouse News S ervice From putter grips to Playtex gloves; Tic Tacs to tweezers. October is National Breast Cancer Awareness Month, and anything that can be packaged can be "pinked" for charity. Business briefs Minneapolis-St. Paul Star Tribune WTC insurance verdicts upheld A federal appeals court upheld jury verdicts requiring insurance companies including St. Paul Travelers to pay developer Larry Silverstein $4.6 billion to rebuild the World Trade Center complex but preventing him from getting the $7 billion he had sought. A three-judge panel of the 2nd U.S. Circuit Court of Appeals said it found no error that requires it to set aside Qwest signs $3.8M VoIP contract bizjournals.com via Yahoo! Finance Qwest Communications International Inc. has signed a three-year, $3.8 million contract for its Voice-over-Internet Protocol service, the company announced Thursday.
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