Firsts Home

Equity & Derivatives Companies, sectors, M&A and the financial industry
YRC stock rises after Reuters reports new cost cuts plan 10.08.2009 Shares of YRC Worldwide trucking group jumped 10 percent after an Oct. 8 Reuters exclusive about cost cutting moves, including the imposition of unpaid time off. We obtained an internal memo from the company’s chief financial officer outlining the changes. Our competition could not match the news, which also included details about negotiations with lenders as the struggling company seeks to stay afloat. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

YRC stock rises after Reuters reports new cost cuts plan

10.08.2009

Shares of YRC Worldwide trucking group jumped 10 percent after an Oct. 8 Reuters exclusive about cost cutting moves, including the imposition of unpaid time off. We obtained an internal memo from the company’s chief financial officer outlining the changes. Our competition could not match the news, which also included details about negotiations with lenders as the struggling company seeks to stay afloat.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here