Qwest’s Nacchio Sentenced To Six Years, Fined $19 Million
The former CEO was convicted of illegally acquiring stock profits while at the helm of the telecommunications company.

The former CEO was convicted of illegally acquiring stock profits while at the helm of the telecommunications company.
Nasdaq exchange application approved
The United States Securities and Exchange Commission (SEC) has approved the long-delayed application of the Nasdaq Stock Market to become a registered securities exchange.
Clarin to Announce Buenos Aires, London IPO Today, Gabbi Says
Oct. 2 (Bloomberg) -- Grupo Clarin SA, Argentina's biggest media company, may announce plans today to sell shares in an initial public offering, starting what the stock exchange expects to be an increase in new listings. Read more hereCairn, Lonmin beat stalled FTSE
A b roker tip on Vodafone proved insufficient to prop up London's top stocks, which stalled in reaction to declines on Wall Street. But Cairn Energy, Sainsbury and Lonmin all beat the trend amid whispers of corporate action .
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