YRC Worldwide will ask Nasdaq for more time on stock delisting decision

September 8, 2010: YRC Worldwide Inc. plans to ask Nasdaq stock market officials for additional time to avoid having its shares delisted.

The Overland Park-based freight hauler said in a securities filing Tuesday that it received notice from Nasdaq that it had failed to raise the share price of YRC stock to more than $1 by the Aug. 30 deadline to avoid being removed from the market. Shares closed Tuesday at 27 cents each.

Click here to read more at the Kansas City Business Journal.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

Teamster Sues UPS in Federal Court to Defend Right to Speak Out

Teamster Carl Gregory filed suit in Atlanta federal district court today to defend his right to pass out palm cards to fellow Teamsters with his picture in uniform.  UPS thought they could scare Carl in giving up his rights, but they were wrong.

UPS Freight Teamsters Uniting for a Strong Contract

UPS Freight Teamsters are fed up with substandard contracts. They're getting organized to Vote NO.

View More News Posts