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Stock Market & Financial Investment News

News Breaks
January 17, 2014
17:14 EDTYRCWTeamsters announce tentative agreement with YRC Worldwide
The Teamsters Union announced that it reached a tentative agreement with YRC Worldwide that, if ratified by the membership, will provide a pathway for substantial debt reduction and refinancing initiatives. On January 9, a ballot count revealed that an initial company proposal was rejected by over 19,000 Teamster members who voted over several weeks. Details of the revised proposal will be reviewed at a meeting of local union officials to be held on January 21. It is up to that committee to approve sending the revised proposal to the membership for a ratification vote.
News For YRCW From The Last 14 Days
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July 31, 2014
17:00 EDTYRCWYRC Worldwide reports Q2 EPS (16c), consensus (1c)
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07:35 EDTYRCWYRC Worldwide August volatility elevated into Q2 and growth outlook
YRC Worldwide August call option implied volatility is at 65, September is at 64, January is at 45; compared to its 26-week average of 58 according to Track Data, suggesting large near term price movement into the expected release of Q2 results today after the market close.
July 30, 2014
10:00 EDTYRCWOn The Fly: Analyst Upgrade Summary
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05:44 EDTYRCWYRC Worldwide upgraded to Market Perform from Underperform at Raymond James
Raymond James upgraded YRC Worldwide to Market Perform citing the company's more secure financial position and the strengthening LTL market.

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