Long Term Investment, Biotech & High Yield Dividend Stocks

[califax]

These Cold Stocks Are Heating Up

July 15, 2010
http://www.fool.com/investing/high-growth/2010/07/15/these-cold-stocks-are-heating-up.aspx

... Tomorrow's big rig
Has trucking giant YRC Worldwide climbed to its feet again? The owner of Yellow Transportation, Roadway, and New Penn has been fending off bankruptcy protection as the economy tanked, oil prices soared, and railroads offered a seemingly better value proposition. Yet YRC Worldwide now expects to have adjusted EBITDA of as much as $45 million for the second quarter, a nice change from last quarter's adjusted EBITDA loss of $53 million.

It has boosted liquidity, shed its logistics business, and appears to be gaining a more firm financial footing. As business improves, YRC Worldwide is going to soak up more working capital, but that's not necessarily so bad because it ought to lead to better conditions later on, and management says there shouldn't be any more mass layoffs.