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.

Get Advice Join TDU Donate

Recent News

Albertsons Teamsters Ratify Strong Contract

Last year, Local 771 members elected new local leaders on a program of building union power by involving members. Now nearly 500 grocery Teamsters at Albertsons have won a new contract that includes record wage increases and benefit improvements.

Webinar: Build Bargaining Power with a Contract Campaign

From national contracts to local agreements, unions are mobilizing to take on employers and win. Watch the recording of the webinar to hear how.

View More News Posts