liquidity

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

The company sees midpoint of full year 2011 production guidance of 885 Mmcfe/d. The midpoint of Q1 2011 production guidance is 770 Mmcfe/d.

Floyd C.

Petrohawk Energy Corp. (NYSE:HK) reported Q4 EPS of $0.11, missing consensus estimates of $0.15 per share. Revenues for the quarter rose to $402.0 million, missing consensus estimates of $454.8 million.

One of the new, wholly-owned subsidiaries will operate as a real estate investment trust, allowing DDS to better access debt and preferred stock, improving liquidity.

The other subsidiary will be a captive insurance company intended to more efficiently manage risk and provide access into the reinsurance markets.

Shares of department store operator Dillard's Inc (DDS) are getting a big boost, climbing more than 17%, after saying it is forming a pair of new units to better manage risk and improve liquidity.

Citigroup Inc. lifted its price target for KKR Co. (NYSE:KKR) on Friday, from $18.00 to $21.00, with a Buy rating maintained. Citigroup raised its 2010 EPS estimate for the firm from $2.42 to $2.59, and hiked its 2011 EPS estimat