New Penn | MSN Rumor

[Irishman107]

"The following stocks have been the subject of rumors this morning: YRC Worldwide (YRCW 2.53 +0.27) was rumored to receive some sort of credit pact from the Dept of Transportation. YRCW has been suffering from liquidity issues and there have been bankruptcy concerns for some time now. The stock's movement has been news driven lately with credit amendments and Union concessions making the headlines. Regardless of whether or not the rumor makes sense, YRCW is trading up 12% today on heavy volume"

Market Report -- In Play (): Briefing.com Business News - MSN Money

 

[allnightrain44]

what kind of credit pact could yrcw get from the DOT? maybe we can drive another 2-3 hrs. a day and still be legal. maybe it's obama paying hoffa back for all the votes he got him, but it's being diguised with money funneled through the DOT.less publicty, money helping the teamsters that way.