YRCW vor charttechnischem Turnaround

Ticker: YRCW
Preis: $10.70
Website: http://www.yellowcorp.com
Key data: http://www.dailyfinance.com/quote/nasdaq/...e-inc/yrcw/key-statistics
Insider: http://www.insidercow.com/history/....jsp?company=yrcw&B1=Search!
Charts:




 

USMCA Nordamerika schließt Handelspakt der Superlative

https://www.handelsblatt.com/politik/...der-superlative/25321534.html

Japans Parlament billigt Handelsdeal mit den USA

Ab dem kommenden Jahr sollen Zölle zwischen Japan und den USA gesenkt werden. Japans Ministerpräsident spricht von einem Gewinn für beide Seiten.

https://www.handelsblatt.com/politik/...0.html?nlayer=Themen_11804704

 

Früher gab es hier einen Armin, der hin und wieder aus der Entwicklung des Baltic Dry Index die Entwicklung von YRCW ableitete.

In den letzten Monaten stürzte dieser Index von 2500 (05.09.2019) Punkten auf heute 539 Punkte und ist nun auf dem niedrigsten Stand seit 4 Jahren (historisches Tief bei 307 Punkten im Februar 2016).
Offensichtlich gibt es den Zusammenhang wirklich.

Zum Index:
"The Baltic index, which measures the cost of shipping goods around the world, sank to a near four-year low on January, pressured by weaker demand across all vessel categories. Higher fuel prices under the new International Maritime 2020 regulations led to a significant rise in the cost of operating cargo ships. The dry bulk index has plunged nearly 79 percent after touching a multi-year high of 2,518 points in September 2019."
(Quelle: tradingeconomics.com)  

 

Ein Grossaktionär will die faulen Eier im Laden entfernen. (ähnlicher Fall wie bei Meyer Burger in CH durch Sentis)
Wenn es ihm gelingt, könnte hier ein Einstieg empfehlenswert sein. meine Meinung und Erwartung!  

.........Net income for first quarter 2020 was $4.3 million, or $0.13 per share, compared to net loss of $49.1 million, or $1.48 per share, in first quarter 2019. 

https://finance.yahoo.com/news/...eports-first-quarter-200210604.html

1.4800-0.0200 (-1.33%)

At close: May 11 4:00PM EDT

2.06 +0.58 (39.19%)
Pre-Market: 4:52AM EDT

https://finance.yahoo.com/quote/YRCW?p=YRCW

 

“We were able to finish the quarter with better liquidity than we had at the end of the year,” increasing available liquidity to $118 million from $80.4 million at the close of 2019, Mr. Hawkins said.

YRC Seeks to Preserve Cash in Troubled Trucking Market

By  May 11, 2020 7:03 pm ET

https://www.wsj.com/articles/...-troubled-trucking-market-11589238197

 

After-Hours Volume	1,365,938
After-Hours High	$2.20 (16:40:36)
After-Hours Low	$1.50 (16:03:28)

https://www.nasdaq.com/market-activity/stocks/yrcw/after-hours  

The U.S. Department of Treasury said Wednesday that it approved a $700 million loan to the Overland Park-based trucking company. As part of the agreement, the government is to receive a 29.6% equity stake in YRC, according to a release.

https://www.forbes.com/sites/oracle/2020/06/18/...cloud/#76e59164192f

 

On Wednesday, YRC Worldwide announced its latest lending agreement, a $700 million, two-tranche program that will allow it to make delinquent health and welfare and pension payments as well as fund capital expenditures for its tractors and trailers. As part of the deal, YRC will be required to issue the Treasury Department shares of common stock, which YRC expects will equate to a 29.6% equity stake in the company.

‘Critical to maintaining national security'

https://finance.yahoo.com/news/trying-sense-yrc-bailout-132818170.html

 

YRC Worldwide Inc. -- Moody's confirms the ratings of YRC Worldwide, CFR at Caa1, senior secured at B1; outlook stable

https://finance.yahoo.com/news/...-inc-moodys-confirms-002707649.html

 

YRC lenders allow it to extend obligations for three years

Overland Park-based YRC Worldwide Inc.’s lenders will give the company a break on its debt. 

https://www.bizjournals.com/kansascity/news/2020/...bt-extension.html

 

The trucker plans to use a $300 million tranche of the government loan to pay off health, pension and other obligations, and for working capital, Mr. Pierson said. Another $400 million will go toward buying new trucks and trailers for YRC’s aging fleet, according to the filing. That loan will mature on Sept. 30, 2024.

YRC doesn’t plan to pay the debt down during the life of the loan, intending instead to either pay it off or refinance at maturity, Mr. Pierson said.

“We are going to take every penny we can and invest it back into this company, and invest in the fleet and the rolling stock,” he said, which will reduce the company’s operating costs. Buying new trucks will save YRC between $10,000 and $12,000 per tractor “on maintenance alone,” he said. It is “not only refreshing the fleet, but it’s also additional liquidity to operate the business.”

https://www.wsj.com/articles/yrc-lenders-agree-to-extend-truckers-debt-terms-11594238914

 

S&P Says The YRCW Situation Is Good Enough For An Increase In The Company's Debt Rating

FreightWaves  

 July 10, 2020 11:56am  

https://www.benzinga.com/news/20/07/16587918/s-p-says-the-yrcw-situation-is-good-enough-for-an-increase-in-the-companys-debt-rating

 

YRC Freight Recognized as a Top Performer by FreightCenter in COY Awards

Industry: Shipping Services

YRC Freight named FreightCenter’s 2019 Diamond Partner of the Year for their outstanding shipping and customer service.

Palm Harbor, FL (PRUnderground) July 15th, 2020

A leader in the logistics industry, YRC Freight is one of 5 carriers selected as a FreightCenter 2019 Diamond Partner of the Year. YRC was selected for this award because of their ability to deliver flexibility and reliability to supply chains everywhere and continuing to demonstrate that they are a leader in LTL freight services.

https://www.prunderground.com/yrc-freight-recognized-as-a-top-performer-by-freightcenter-in-coy-awards/00195845/

 

Congressional Panel Questions $700 Million Loan to YRC Worldwide

Loan to trucking firm was the first made from $17 billion Cares Act fund for businesses critical to national security

https://www.wsj.com/articles/...ion-loan-to-yrc-worldwide-11595264213

 

 

Was geht denn hier los?!?  

Glückwunsch an alle die dabei sind  

Die Insolvenz der Yellow Corp: Ein brutaler Angriff auf die Arbeiterklasse


https://www.wsws.org/de/articles/2023/07/31/bibm-j31.html

Yellow Corp., das fünftgrößte Speditionsunternehmen der Vereinigten Staaten, hat seinen Betrieb eingestellt und 30.000 Fahrer, Lagerarbeiter und Büroangestellte in den USA entlassen. Es wird erwartet, dass das Unternehmen noch in dieser Woche beim Bundesgericht Insolvenzschutz beantragt.

 

ist das denn für eine Bude hier? Unglaublich wie viele Werte hochgetrieben werden. Kann das Unternehmen noch überleben?  

 

... wenn auch NUR auf der OTC Handelsplattform .

Der OTC-Handel wird offiziell am Morgen des 16. August unter dem neuen Ticker YELLQ beginnen. Das Unternehmen wird den Handel an der NASDAQ am 15. August um 16:00 Uhr EST einstellen.

https://www.finder.com/ca/otc-stocks