注册 登录
九号胡同 返回首页

meowmeow的个人空间 http://hutong9.net/?10969 [收藏] [复制] [分享] [RSS]

日志

We are getting there

热度 13已有 1163 次阅读2010-9-28 03:25 PM |

YRC’s Zollars to Retire on Completion of Recovery Plan.
Means done deal!!!

Just wait for more good news to come, hold on it guys..


路过

鸡蛋
9

鲜花
2

握手

雷人

刚表态过的朋友 (11 人)

发表评论 评论 (20 个评论)

回复 helen1 2010-9-28 08:30 PM
thank you update.meow shifu.
回复 Diver 2010-9-29 11:11 AM
回复 goodmood 2010-9-29 03:30 PM
http://www.prnewswire.com/news-releases/yrc-worldwide-board-of-directors-approves-tentative-labor-agreement-and-reverse-stock-split-104033283.html

YRC Worldwide Board of Directors Approves Tentative Labor Agreement and Reverse Stock Split


- Agreement designed to improve YRCW long-term market competitiveness and provide for re-entry into multi-employer pension funds

- Ratification targeted for completion by late October 2010

OVERLAND PARK, Kan., Sept. 29 /PRNewswire-FirstCall/ -- YRC Worldwide Inc. (Nasdaq: YRCW) today announced that its board of directors has approved a tentative agreement with the International Brotherhood of Teamsters, and the Teamsters approved submitting the tentative agreement to the company's Teamster represented employees for ratification. The agreement is designed to significantly improve the company's competitive position in the marketplace. Additionally, the agreement provides for re-entry of the YRCW operating companies into the multi-employer pension plans to which they contribute in a manner that provides important member benefits while maintaining an improved competitive market position for the company. Additional details regarding the terms of the tentative agreement can be found in the Form 8-K current report filed today with the Securities and Exchange Commission.

As previously announced, the ratification of the agreement by company's employees represented by the Teamsters is targeted for completion by late October 2010.

The company plans to amend its certificate of incorporation on September 30, 2010 to implement a reverse stock split with a ratio of 1:25. The reverse stock split will be effective on the NASDAQ exchange on October 1, 2010. The reverse stock split will reduce the number of authorized common shares to 80 million from the current 2 billion and reduce the number of outstanding common shares to approximately 48 million from the current approximately 1.2 billion.

Forward-Looking Statement:

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words "designed," "provides," "targeted" and similar expressions are intended to identify forward-looking statements. The company's expectations regarding the effects of the tentative agreement and the timing of its ratification are only its expectations regarding these matters.  The company's actual future results could differ materially from those projected in such forward-looking statements because  of a number of  factors, including (among others) whether the Teamster employees ratify the tentative agreement and the timing of any ratification of the tentative agreement, whether multi-employer pension funds to which the company contributes approve the company's re-entry into the funds and the terms and conditions of any re-entry, the company's ability to generate sufficient cash flows and liquidity to fund operations, which raises substantial doubt about the company's ability to continue as a going concern, inflation, inclement weather, price and availability of fuel, sudden changes in the cost of fuel or the index upon which the company bases its fuel surcharge, competitor pricing activity, expense volatility, including (without limitation) expense volatility due to changes in rail service or pricing for rail service, ability to capture cost reductions, changes in equity and debt markets, a downturn in general or regional economic activity, effects of a terrorist attack, labor relations, including (without limitation) the impact of work rules, work stoppages, strikes or other disruptions, any obligations to multi-employer health, welfare and pension plans, wage requirements and employee satisfaction, and the risk factors that are from time to time included in the company's reports filed with the Securities and Exchange Commission.

YRC Worldwide Inc., a Fortune 500 company headquartered in Overland Park, Kan., is a leading provider of transportation and global logistics services. It is the holding company for a portfolio of successful brands including YRC, YRC Reimer, YRC Glen Moore, Reddaway, Holland and New Penn, and provides China-based services through its Jiayu and JHJ joint ventures. YRC Worldwide has the largest, most comprehensive network in North America with local, regional, national and international capabilities. Through its team of experienced service professionals, YRC Worldwide offers industry-leading expertise in heavyweight shipments and flexible supply chain solutions, ensuring customers can ship industrial, commercial and retail goods with confidence. Please visit www.yrcw.com for more information.
回复 goodmood 2010-9-29 03:32 PM
1:25 reverse split
回复 meowmeow 2010-9-29 04:37 PM
goodmood: 1:25 reverse split
I am not worry about the R/S, kick out penny day trader and the big fund can reload it, it's F-500 company and finally completed the deal with teamster.on my mind is get to $20 is faster and better to get up to 0.60
回复 goodmood 2010-9-29 04:50 PM
meowmeow: I am not worry about the R/S, kick out penny day trader and the big fund can reload it, it's F-500 company and finally completed the deal with teamst
meow shifu, do you mean that when the reverse split happens, one share of YRCW after reverse can be 0.6*25=15 and even 20*25=500? I have been holding the YRCW for a long time. I don't mind to be beneath water for a while if I can earn money eventually. I just worry that 20*25=500 a share is too high.
回复 kang_wang 2010-9-29 06:37 PM
time to get out...get in after the RS and the price stabilizes. there is no way you will get more than 5 times return. Get real and think about it, $20 means $500 before the RS!!!
回复 goodmood 2010-9-29 06:44 PM
kang_wang: time to get out...get in after the RS and the price stabilizes. there is no way you will get more than 5 times return. Get real and think about it, $
too greedy, buy a lot at very high price. lost huge. cry
回复 kang_wang 2010-9-29 07:20 PM
goodmood: too greedy, buy a lot at very high price. lost huge. cry
I don't think they will go bankrupt, but it won't be a huge win like meowmeow described, in my own opinion. If you are willing to average down and hold a long time, then you might end up fine.
回复 dsp 2010-9-29 10:52 PM
kang_wang: time to get out...get in after the RS and the price stabilizes. there is no way you will get more than 5 times return. Get real and think about it, $
Perhaps too late to get out. AH down 20%. Just hold a long time to get return. It should be fine IMHO.
回复 meowmeow 2010-9-30 09:06 AM
kang_wang: time to get out...get in after the RS and the price stabilizes. there is no way you will get more than 5 times return. Get real and think about it, $
I will not change my plan and target, be clear, trade or invest ,I picked invest on YRCW, who care the little money per day or week. we are talking about 10x .20x return here. enjoy the trade and I enjoy my profit lately.
回复 goodmood 2010-10-4 10:14 AM
5.12$/share=0.2/share before split
回复 Diver 2010-10-7 01:19 PM
meowmeow: I am not worry about the R/S, kick out penny day trader and the big fund can reload it, it's F-500 company and finally completed the deal with teamst
It kept dropping after the reverse split.
回复 Diver 2010-10-7 01:24 PM
goodmood: too greedy, buy a lot at very high price. lost huge. cry
what is your entry price?
回复 Diver 2010-10-7 01:26 PM
meowmeow: I will not change my plan and target, be clear, trade or invest ,I picked invest on YRCW, who care the little money per day or week. we are talking a
Did you add more after downgraded and reverse splitted?
回复 goodmood 2010-10-7 01:57 PM
Diver: what is your entry price?
sigh. I entered too late at the nearly the top.
回复 Diver 2010-10-11 05:33 PM
YRCWD slid into deeperwater now. I lost a lot.
回复 小小的鱼 2010-10-12 11:35 AM
what's going on here? bankruptcy talk and downgrade again? , anyone dare to get some more at this level?
回复 meowmeow 2010-10-12 03:46 PM
Diver: It kept dropping after the reverse split.
Hey Diver, YRCW is dropping and talking about BK, downgrade....., every one fear to get out by all this wall street master,think about it, if YRCW going to file BK,why rush RS and why CEO retired ( deal included ) why BOD agreed the deal?do you think MM will let all penny player turn to be a Millionaire?
be honest if last two week and this week YRCW goes up and get upgrading,I might get out,but no way MM will get my shares before the company at the turn point, no fear no reward.
回复 Diver 2010-10-12 05:35 PM
meowmeow: Hey Diver, YRCW is dropping and talking about BK, downgrade....., every one fear to get out by all this wall street master,think about it, if YRCW go
Thank you very much. Will you add more at this cheaper price? I did add some more today.

facelist doodle 涂鸦板

您需要登录后才可以评论 登录 | 注册

手机版|www.hutong9.net

GMT-5, 2020-9-18 04:59 AM , Processed in 0.079286 second(s), 16 queries .

Powered by Discuz! X2.5

© 2001-2012 Comsenz Inc.

回顶部