Yellow | Are company's separating financials?

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New Penn now using US Bank for payroll instead of Wachovia.

(here comes the rumor part)

heard all the companies are separating there financials.
anyone else know anything about this?
 
New Penn now using US Bank for payroll instead of Wachovia.

(here comes the rumor part)

heard all the companies are separating there financials.
anyone else know anything about this?

Here is a BIG HINT...........YRC Worldwide Corp. changed it's signage on the corporate headquarters to "YRC FREIGHT".
Changes are coming in the second quarter, hold on, get ready for the "BIG NEWS".
 
New Penn now using US Bank for payroll instead of Wachovia.

(here comes the rumor part)

heard all the companies are separating there financials.
anyone else know anything about this?

This may be the first step in YRCW trying to separate the winners from the losers. Then again,it may mean nothing. No one can figure out what this company is doing anymore. The only thing for sure is they have to do something because the debt is so big that it`s nearly impossible to pay off,especially for a company that keeps downsizing every year and selling off everything they own a little at a time.
 
New Penn now using US Bank for payroll instead of Wachovia.

(here comes the rumor part)

heard all the companies are separating there financials.
anyone else know anything about this?

That's just a switch for payroll, I wouldn't read too much into it. They are still separate compamies operating under the same corporate umbrella.
 
I know because Wachovia ended up as my bank after the last 10 mergers in the banking industry, but since Wells Fargo has higher/more fees the boss has changed banks and I got a new shiny ATM card..................Facts here never would I do such a thing..............
 
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