Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
You're always the best dear Jester!!!
!
special kiss for you
Eva
ah ah ah nice to see all of you again here writing about Trenwick!
Our party on the beach don't come yet!?!?!?!?
i start to become a little old!!!!!!!
my legs are a bit different from that days in 2003 !!
kiss for all
like always
Eva!!
newbies??
ah ah!
Eva
for me we are near to the final decision!!
very very near!!
kisses for all!
Eva
no no more news, i am waiting mr, Morrison decision's
Morrison on the road???
we will see if that guy finish the job!
Kisses for all!
Eva
start my holidays, wait yet for the meet in Bermuda beach!
after 7 years of waiting!!
Eva
Kisses for all like always!
from YRCW site
Financial FAQs
Q: What factors are impacting the per-share price of YRCW stock?
A: Factors unrelated to actual company performance can impact the price and trading volumes of YRCW stock. Markets overall have seen increased volatility recently and YRCW has been a top "short-selling" target. At lower stock prices and with market fluctuations, short-term traders can buy significant blocks of stock and come in and out of the market to yield gains for themselves. Before the December 2009 conversion of our bonds to equity, our market capitalization was around $60 million with only 60 million shares outstanding. When the number of YRCW common share increased to approximately 1 billion, the market cap actually increased to around $750 million. It has taken several months for the per-share stock price to reflect the 1 billion shares outstanding. In addition, the stock price is likely impacted by anticipation of a reverse stock split. The YRC Worldwide board of directors will determine a date and ratio for the reverse split in the future.
seems to me that bondholders are in again!!
this is the vote result
For Against Abstain
739,296,720 10,256,641 3,144,065
about 750Mio of shares present at the CC
from teamster site about CC
Did anybody listen?
I did. This is my take and it is only my take and the way I understood what i heard. Johnson pretty much ended as saying that he thinks YRC is gonna pull through this or else the IBT would not be spending this much time on it, which is good news to me.
He says that he expects that YRC will be contributing to the pensions in "some form,hopeful full rate but nothing is guaranteed type language by January.
The contract is not open and they are not negotiating it.
There are 2 committees looking at ways that we can get through all this and help YRC to pull through.
At least one of the committees is "looking at work rules" and later he said "Regional work rules" which could maybe help the company..unifying? Or something (anybody here this right?).....
Otherwise they said that the Teamster choice for board member was officially seated today and she will sit in at the board meetings starting now.
And they said something about the stock options plan was approved. If strike price is reached you will be able to exercise your options.
Somehow they are helping with ideas with YRC on handling and shipping and marketing to help them become stronger.
Something was also said along the lines of that they are monitoring and making sure we get the freight back from YRC logistics or something along those lines.
Hoffa said he does not think that YRC will go under by contributing to the pension plans. Somebody else at some point in the meeting it was said at least once that hopefully at full rate but it seems (to me) they will at "some rate".
Gordon Sweeton said that we should all work together and stay unified to preserve our jobs and benefits.
They are not negotiating the contract Nationally or supplements.
Something else was said by Ian Gold that something happens to the shares in August, something like the amount of them gets reduced or something..But I did not hear this part too good. My bulldogs were barking...
There are 2 committees working on this "getting YRC strong enough to enter the pensions" thing. They are made up of these people:
(hopefully I get their names and locals or whatever right):
Johnson
Sweeton
Kamack?
Barton
McCafferty trustee for 707 pension i think
Laughlin trustee of New England pension i think
Ernie Soul (Sole?)
Bryant
Pathenroth (that's a tough one to spell by ear)
and attorney Jim McCall.
I spelled all of those by ear and am just a dockworker/driver not a newspaper reporter...but this is the way I heard it..no guarantees that I heard it all right.
someone think that at this price a takeover or an offer is a possibility?
have a nice day
mkt cap. about 180 Mio
Just received from YRCW IR
Yes, sir, the stockholder meeting will be held June 29 at 10:00am at YRCW headquarters in Overland Park, Kansas.
Thank you for your inquiry.
Regards,
Victoria Murphy
Investors Relations
YRC Worldwide Inc.
Meetings have begun of the two joint labor-management committees set up to address the YRC Worldwide Inc. companies’ re-entry into Teamster pension funds in January 2011 and ways to enhance the companies’ competitiveness in the freight industry.
The committees held kickoff meetings on June 8 and 9, where they established ground rules for the talks. More meetings were scheduled June 22 and 23.
YRCW members will have an opportunity to get an update on the discussions during a national conference call at 7:30 p.m. (Eastern Time) Tuesday, June 29. YRCW members should call their local unions for the call-in information.
The union and company announced the formation of the committees in late May. The YRCW companies are scheduled to re-enter the Teamster pension funds in January. Regarding the competitiveness, the goal is to look at how YRCW operates to determine if more effective and competitive modes of operations can be implemented.
“We have an opportunity, through these two committees, to shape the future of the freight industry for decades to come,” said Tyson Johnson, Director of the Teamsters National Freight Division. “For decades, the Teamsters have improved the lives of countless freight workers, and we remain committed to making sure that the industry continues to provide decent wages, benefits and working conditions.”
Meanwhile, the Teamsters announced in late May that the union has named New School professor Teresa Ghilarducci to be its selection for the YRCW board seat, which was recently negotiated as part of the job security plan. Ghilarducci is the Bernard L. and Irene Schwartz Professor of Economic Policy Analysis at the New School for Social Research in New York City. Professor Ghilarducci is a nationally recognized multi-employer and defined benefit pension expert who has worked with the Teamsters on numerous projects in the past. She has previously held a professorship at the University of Notre Dame and has researched and published extensively on employee pension and benefit matters. She is currently a trustee for the UAW Retiree Medical Benefits Trust for GM, Ford, and Chrysler and the Goodyear Retiree Health Care Trust for Steelworker trustees.
Conference Call June 29
All YRCW Teamsters are invited to participate on a national conference call to learn more about the joint labor-management committees that have been set up to address the YRCW companies’ re-entry into Teamster pension funds in January 2011 and ways to enhance the YRCW companies’ competitiveness in the freight industry.
The call is at 7:30 p.m. (Eastern Time) Tuesday, June 29. YRCW members should call their local unions for the call-in information.
Members will be able to submit questions during the call. The most commonly asked questions will be selected.
Short interest at 06/15
http://www.nasdaq.com/aspxcontent/shortinterests.aspx?symbol=YRCW&selected=YRCW
about 140Mio
i agree!
i am a bit disappointed about the sideline price of these days!
your target?
my average is now 0.255 with 70K shares
GLTA
Sorry!
ABK: TANKER
PARD Gap Up!
also a nice round bullish is building!
PARD about 40K options put at $2.5 (3 days left)
about 35K options at $5 (3 days left)
short sellers are smarts.........cost less buy PARD shares and rise the price to $4.5 and leave options expires with no value?
they already do this and manipulate the PPS
amount of the put options expiring in 3 days about $13Mio.
just my opinion!
PARD: Gap Up
PARD Gap Up!
ask size become empty, shorts are in hurry now!
they count on a great supply line of shares but imbalance out there!!!
Match race with short just started!!!
there is a lot of short pressure here, they know it and at some time they must cover!
Just come back from South Africa, hi all and kisses!!
some good news??
Kisses like always
Eva
Hi Life
always a pleasure to see you always present here on ihub board,
many here must be happy for your continue update
hope we all some day have the right reward, at least for the time spent following this company.
have a nice day
kisses
Eva
PS i depart in few days for South Africa, i am really excited for this, hope when i come back to look at my account and see a huge dividend from Bermuda!
For the old sharereholders remember that we have a meeting in Bermuda Beach Party!
Hi all, nice trade today,
very warm today here in Italy
kisses for all Trenwickers,
like always
Eva
This assets must be very big if so many time to value it
is required!
Kisses for all!!
i am waiting from 2001!
now please play the game !
rien va plus
Eva
This is due to us after 7 years of waiting!
a reward of $2 is nothing after all that we old shareholders
suffered in these years!
but by the way i only hope for Justice for us and nothing more, if there is a God up here, someone give us our money back! at least!
Kisses
Eva
Thank for the clear info!
Kisses
Eva
This document is really clear about the big fraud born in the 2000 from Syndicate 839 management to fraud money from all the company of TGL group, and leave TGL in ruin without nothing.
It's amazing that in the court the Judge don't see it
or .....don't want see!!!
kisses
Eva