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YRC Worldwide: Pump Up the Volume | Transportation | Financial Articles & Investing News | TheStreet.com
OVERLAND PARK, Kan. (TheStreet) -- YRC Worldwide (YRCW Quote) shares surged Monday on a pickup in volume after reports the trucking giant landed a long-term financing agreement. YRCW UPYRC Worldwide shares jumped shortly before noon EDT after Briefing.com attributed the strength to reports of a long-term financing agreement that will alleviate the transportation company's liquidity needs. In recent months, the company has struggled while trying to stave off bankruptcy, resorting to massive job cuts and selling real estate.
Long-term financing agreement. I wonder what it is and really hope it works.......GO,GO,GO......
OVERLAND PARK, Kan. (TheStreet) -- YRC Worldwide (YRCW Quote) shares surged Monday on a pickup in volume after reports the trucking giant landed a long-term financing agreement. YRCW UPYRC Worldwide shares jumped shortly before noon EDT after Briefing.com attributed the strength to reports of a long-term financing agreement that will alleviate the transportation company's liquidity needs. In recent months, the company has struggled while trying to stave off bankruptcy, resorting to massive job cuts and selling real estate.
Long-term financing agreement. I wonder what it is and really hope it works.......GO,GO,GO......