YRC Worldwide: Trucking in Trouble
YRC WorldWide (YRCW) is tanking over 50% on bankruptcy speculation. The large trucking company has been entangled in brutal labor renegotiation’s and is at the heart of the economic downturn with their highly economically sensitive transport based business. On Friday the company reported a $158.7MM loss which was followed up by a debt exchange announcement this morning. Investors are growing increasingly concerned that the announcement could result in an eventual Chapter 11 filing. Although the company is having cost difficulties (primarily labor related) the weakness at the company is primarily economically related. On the conference call CEO Bill Zollars detailed the economic struggles which we continue to see across the entire real economy. His comments would be most unwelcome to anyone who has bought into the recent stock market surge which is now not only very expensive, but pricing in very optimistic economic and earnings growth in 2010:Complete Story » seekingalpha.com |
AB Volvo Q4 2009 Earnings Call Transcript
AB Volvo (VOLVY.PK)Q4 2009 Earnings Call TranscriptFebruary 5, 2009 9:00 am ETComplete Story » seekingalpha.com |
The Greenbriar Companies, Inc. Q2 2010 Earnings Call Transcript
The Greenbriar Companies, Inc. (GBX)Q2 2010 Earnings CallApril 7, 2010 11:00 am ETComplete Story » seekingalpha.com |
Harley-Davidson, Inc. Q2 2010 Earnings Call Transcript
Harley-Davidson, Inc. (HOG)Q2 2010 Earnings Call TranscriptJuly 20, 2010 9:00 am ETComplete Story » seekingalpha.com |
4 Promising Mid Caps Largely Being Ignored by the Market
John Reese submits:To most investors, the name Thyra Zerhusen probably doesn’t ring any bells. It should. Complete Story » seekingalpha.com |