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PR News Wire (Free subscription) | 3 hours ago
OVERLAND PARK, Kan., Oct. 7 /PRNewswire-FirstCall/ -- YRC Worldwide
Inc. (Nasdaq: ) today reaffirmed that it expects to have positive free
cash flow in both the third and fourth quarters of 2008 with a significant
debt reduction for the year. In addition, the company expects to remain in
full compliance with all terms of its credit agreement, including the
leverage ratio.
"With more...
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PR News Wire (Free subscription) | 10/03/2008
- Satisfies All Note Maturities Until 2010
OVERLAND PARK, Kan., Oct. 3 /PRNewswire-FirstCall/ -- YRC Worldwide
Inc. (Nasdaq: ) announced today that on October 2, 2008 the company
drew down $325 million on its senior revolving credit facility, which
matures August 17, 2012. The company plans to use the funds to redeem all
of the outstanding $225 million 8.25% senior notes due December...
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Market Wire (Free subscription) | yesterday
... served for 18 years in a variety of operations and senior executive roles at broadcast PR pioneer Medialink Worldwide Inc. in their New York and Los Angeles offices. Previously he was a news writer and producer at CBS News' Broadcast Center in New York, news director and on-air anchor at Philadelphia NPR affiliate WHYY-FM, and a newspaper reporter on major dailies in Philadelphia,...
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Triphow (Free subscription) | yesterday
Time to press the panic button. In a market economy, what really hurts big corporates is the stock value. The travel industry was already reeling under a blitz of airline failures, rising fuel costs and more people preferring to stay at home instead of taking their seasonal vacations. But the recent sharp drop in stock markets worldwide seems to have pushed travel industry stocks onto dangerously...
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Physorg (Free subscription) | 10/04/2008
(AP) -- A jury on Friday acquitted the former top lawyer at computer-security software maker McAfee Inc. of illegally tampering with his stock option grants to boost his pay package.
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kansascity.com (Free subscription) | 10/03/2008
YRC Worldwide Inc., one of the nation’s largest trucking companies, said Friday that it drew on a credit line to repay some debt that matures this year and in 2009.
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The Kansas City Business Journal (Free subscription) | 10/03/2008
YRC Worldwide Inc. borrowed $325 million from its senior revolving credit facility to pay down debt that carries higher interest rates.
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Boston Globe (Free subscription) | 10/03/2008
A jury on Friday acquitted the former top lawyer at computer-security software maker McAfee Inc. of illegally tampering with his stock option grants to boost his pay package.
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Reuters UK (Free subscription) | 10/02/2008
CHICAGO, Oct 2 (Reuters) - Shares in U.S. trucking companies fell on Thursday after Con-way Inc slashed its full-year earnings outlook because the embattled U.S. economy had undercut demand for its services and forced it to lower prices.
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The Kansas City Business Journal (Free subscription) | 09/30/2008
YRC Worldwide Inc. will close a revenue management center in Topeka on Dec. 31 and transfer more than half its 86 employees to its Overland Park headquarters. (CNW)
