WorldCom chief Ebbers resigns as CEO and president
Bernard J. Ebbers steps down from WorldCom amid mounting debts and an SEC probe. Vice chairman John Sidgmore to succeed him in both roles while Bert Roberts remains chairman. Ebbers, a former basketball student at Mississippi College in Clinton, built the telecom giant through more than 60 acquisitions before growth slowed after the failed Sprint merger.
MENTIONED IN THIS ARTICLE
Clinton
Miss
Bernard J. Ebbers
WorldCom Inc
WorldCom
John Sidgmore
Ebbers
Bert Roberts
Brad Burns
Wall Street
Securities and Exchange Commission
At&t Corp
Mississippi College
Sprint Corp
United States
Qwest reports loss for first quarter
Qwest Communications International Inc. posted a sharp wideness in its first quarter net loss to 698 million dollars or 42 cents a share. Revenue dropped 13 percent to 4.37 billion from 5.05 billion a year earlier. The company cited non operating losses of 536 million mainly from its investment in KPNQwest and warned of further writedown in Q2. CEO Joe Nacchio forecast 250 million dollars in earnings growth from employee savings as 8,400 jobs and 2,500 contractor positions were cut.
MENTIONED IN THIS ARTICLE
Denver
Qwest Communications International Inc
Thomson Financial
First Call
Qwest
Kpnqwest
Joe Nacchio
Robin Szeliga
New York Stock Exchange
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Bernie
David Burks
J.J.B. Hilliard
W.L. Lyons
Louisville
Burks
Sidgmore
Associated Press WorldCom
Bernard Ebbers
National Press Club
Washington
Naccuio
Don H. Bumgardner
Shelbystar.com
Gastongazette.com
Shelbystar
Gastongazette
Tam Kakassy
Kakassy.com
Beamchevrolet.com
Carter Chevrolet
Carterchey.com
Sale Auto Mall
Saleautomallgas.com
TSU
First Christian Church of
Lincolnton
Fcclincolnton.org
Em HC
Uptown Shelby Association
Uptownshelby.org
Carolina
Wreeesarplina
Alamo Gun & Tack
Carolina Urgent Care
Caurgentcare.com
CareMont Health
Caremont.org
Tean
Shelby Auto Sales
Shelbyautosales.com
Shelby Motors LLC
Shelbymotorcare.com
Clary’s Cleaning Service
Claryscleaning.com
Gastonia
Gastoniasheetmetal.com
Spruill Chevrolet
Spruillchevrolet.com
Watkins Auto
Watkinsauto.com
TOC
MUSEU
Nci82.com
Uetainment Wns
Roland Black Heating & Cooling
Trane-Dealer.com
Shelby Heating & Air Conditioning
Shelbyheatingandair.com
Bridges Electronics
Bridgeselectronics.com
DarrCam Computers & Accessories
Darrcam.com
NT OU At
Emerald Care
Emeraldcare.com
Gaston Auto Glass
Charlotte
Gastonautoglass.com
Pau St
Total Care, Inc
Totalcareinc.com
Greene Funeral Services
Greenefuneral.com
Shelby
Apluscarrentals.com
Robert O. Black Insurance Services
robertblack-Insurance.com
Erie-Insurance-Gaston
Witherspoon Insurance
First National Bank of Shelby
Bankatfnb.com
Ward Funeral Home
Wardfuneral.com
Nesmartfinder.com
Witherspoon
Cherryville Federal
Cherryvillefederal.com
Electrical Contractors
Dallas Electric
Dallasncelectric.com
Www
Federalpublishing.com
Aane
Delta Jewelry
Deltajewelry.com
Eb&t
Bbandt.com
Bridges
Bridgesbbg.com
Uaeated
Esteci.com
Rts
Homestead
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Triad
Cops
Mailcity
Tripod
Bridal & Formals Unlimited
A. Edward Morais
Ryanhessmorais.com
Morris Machine
Morrismaching.com
Ray
Holy Angels
Cherubsonline.com
PTR
Cleveland County Chamber of Commerce
Clevelandchamber.org
Gaston Chamber of Commerce
Gastonchamber.com
Kiddo’s Kloset
Kiddoskloset.com
Greene Funeral
S. York
Archie Whitesides
McLean Funeral Directors
N. Central Ave
Belmont
McLeantuneral.com
Bedmont Nurse Consultants
Consultingnurse.com
Stein Services of America Inc
Steinservices.com
Playground Safety Services, Inc
Playground Safetyservices.com
Stadler
Stadlerforsheriff.com
C. Stadler
Martin C. Eudy
Gastondeeddata.com
Dorco
Dorcomfg.com
Nifen.com
Salon Palazzo
Salonpalazzodayspa.com
Buffalo Valley
Buffalo Valley.com
Savings & Loan Associations
Belmont Federal Savings & Loan
Belmontfederal.com
Shelby Alarm Co
Shelbyalarm.com
Senior Citizens Service Organization
Cleveland County Council On Aging Senior Center
Coase
Cool J Mega Mail
Cool
Dalton Truck Service
Dalton
R&d
Ctanning.com
Green River Plantation
Green River
Corral Western
Shelby.net
Corralwestern.com
Xpressites.com
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