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Yellow | Is YRC Going For A Two-Year Extension?

Screw them, insider trading , big wages for the top. Close the doors ill work else where and pull the same feight.
 
Fire some of those VP's Welch brought on first. There is a few million dollars saving there.
 
I will flip hamburgers at McDonalds least they have the balls to walk off the job because of their sub standard wages and benefits.
 
Good idea ! Another 2 years should be just what is needed to put us over the top. We need to keep this ship afloat ! Vote yes !
 
This is crazy. They are holding drivers and paying ungodly amounts in time while they are just laying. They will hold 3 guys in Fort Pierce and then send us all home empty. We go out and come in at the heaviest traffic times in Atlanta and they refuse to change the bid times. I think they are doing this on purpose so they can find a way to get this extension. I say let them get their crap together and say no more f---ing with us. You know they are doing what they have to, so things look like things are bad. We will never see this end as long as they keep crying wolf. Just say NO!!!!!! This place has done nothing but make things hard on its employees for the past few years. Yet they ask us to do more. It's their turn to show us they want it to work.
 
youll take it and love it lol the the hedge
Minyanville > Trading And Investing > Stocks



Insider Trades: Hedge Fund Billionaire Marc Lasry Increases Stake in YRC Worldwide Inc

By Jonathan Moreland Aug 09, 2013 9:30 am


Plus, purchases from Larry Feinberg at Hansen Medical, and the CEO of McDermott International.


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Welcome to our daily roundup of top insider trades. Here's a look at the most significant inside sales and purchases filed with the SEC on Thursday, August 8, 2013.

Notable Purchases: • Larry Feinberg, a Beneficial Owner of medical robotics company Hansen Medical (NASDAQ:HNSN), bought 8,101,810 shares of company stock for $9,965,226.
• The American billionaire hedge fund manager Marc Lasry, CEO of Avenue Capital Group, bought 175,000 shares of transportation services company YRC Worldwide (NASDAQ:YRCW) for $4,060,350.
• Stephen Johnson, the Chairman, President, and CEO of McDermott International (NYSE:MDR), which designs and builds offshore oil and gas projects worldwide, bought 74,180 shares of company stock for $499,973.
Notable Sales: • Marcos Galperin, the President and CEO of the Argentina-based e-commerce company MercadoLibre (NASDAQ:MELI), sold 293,338 shares of company stock for $36,669,188.
For more insider trades, see the charts below.


Insider Purchases


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Read more: Insider Trades: Hedge Fund Billionaire Marc Lasry Increases Stake In YRC Worldwide Inc | Stocks | Minyanville's Wall Street fund





guy bought 4 million shares just a thought if he got enough shares would he take control close YRC and keep new penn and Holland just a scary thought
 
cellblock309 said:
<snip>
guy bought 4 million shares just a thought if he got enough shares would he take control close YRC and keep new penn and Holland just a scary thought
Click to expand...

He just bought 175,000 shares. Added to the 244,681 he held as of March 31st, he now holds a little less than 420,000 shares, somewhere under 5% of the shares outstanding. Hardly enough to control the company.
 
Because they know the ibt will back them and if put to a membership vote it will pass .
 
hdrk said:
how can you go from trying to buy abf to extending a BS contract
Click to expand...

YRC stock price was on the rise, ABF was at a low.

Strategists saw an opportunity.

ABF was vulnerable.

It was a VERY small window.

Dare I say, "a pinhole?"
 
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