A system producing heavy snow in the central mountains arrives in SE Colorado overnight Sunday into Monday bringing moisture, windy conditions and colder temperatures. Snow showers will be possible across the I-25 corridor to start the day. This system will produce bands of snow through the day Monday. Areas under these bands will see periods of heavy snowfall which, with windy conditions, could create travel difficulties. Several inches of accumulation will be possible in areas where these bands develop. For more information click the ‘Weather’ tab...
(Denver-AP) -- Qwest Communications says it has reached new
terms on three-point-four billion dollars in loans.
The deal with its 29 lenders is aimed at keeping the troubled
telecom giant from defaulting on payments and filing for
It includes a new 750 million dollar term loan at the
company's Qwest-Dex business.
Qwest vice chair and chief financial officer Oren Shaffer says
the pending sale of Qwest-Dex and the renegotiation of loans will
put liquidity concerns behind the company.
The company is struggling to escape debt totaling 26-point-6
Shares of Qwest closed up 34 cents, or ten percent, at
3-dollars-and-60 cents on the New York Stock Exchange.