glad you asked...09:25:53 Today YRCW MARKET TALK: YRC Hasn't Set Ratio, Date For Reverse Split
9:25 (Dow Jones) YRC Worldwide's (YRCW) planned reverse stock split will range from a ratio of 1/25 to 1/5, though the precise formula hasn't been determined, according to YRCW's slide presentation at Wolfe Trahan transportation conference. The struggling trucking company expects to enact the split before August, though it hasn't announced the exact date yet. CEO Bill Zollars reiterates at conference that YRCW should be EBITDA positive in 2Q. Shares off 4.9% premarket at 32c. (bob.sechler@dowjones.com)
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