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The non-binding term sheet provides YRCW with new and additional capital, a substantial improvement in its liquidity position, conversion of some of its debt obligations into equity and the replacement or restructuring of certain
YRC Worldwide (YRCW) shares are halted. The company says it reached an agreement in principle, in the form of a non-binding term sheet, with certain of its key stakeholders providing for a comprehensive restructuring plan for YRCW
Also, a supermajority of the multi-employer pension funds who are party to the company's contribution deferral agreement ('CDA') have agreed to an extension of the deferral of interest and principal payments under that agreement t
YRC Worldwide (YRCW) said the Teamster negotiating committee for the International Brotherhood of Teamsters has agreed to provide additional time for the company and its key stakeholders to finalize plans to recapitalize the compa
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Yanzhou Coal Mining (NYSE:YZC) traded today at a new 52-week low of $8.43. This new lo ...
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US Physical Therapy (NASDAQ:USPH) traded at a new 52-week high today of $30.42. This n ...
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Shares of Universal Forest Products (NASDAQ:UFPI) traded today at $44.46, breaking its ...
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Shares of Texas Roadhouse (NASDAQ:TXRH) traded at a new 52-week high today of $25.56. ...
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Shares of Tractor Supply (NASDAQ:TSCO) traded at a new 52-week high today of $116.86. ...
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Shares of Timken (NYSE:TKR) traded at a new 52-week high today of $58.86. This new hig ...
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Shares of Teekay (NYSE:TK) traded at a new 52-week high today of $40.95. So far today ...
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Tenneco (NYSE:TEN) traded at a new 52-week high today of $46.76. Approximately 417,000 ...
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...
