Sabtu, 02 Oktober 2010

YRC Worldwide triggers reverse-stock split; share price jumps

YRC Worldwide Inc. shares surged, then plummeted Friday after the company executed a reverse-stock split.Shares for the Overland Park-based company converted from 25 cents a share at the end of trading Thursday to $6.25, reflecting the 1-for-25 share split.By the end of Friday, however, the share price had fallen 86 cents, or almost 14 percent, to $5.39.YRC is pursuing a new game plan — including

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