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UPDATE 1-YRC Worldwide raises outlook after items

17-Jun-2008
Story Timeline:  119 days

NEW YORK, June 17 (Reuters) - YRC Worldwide Inc (YRCW.O: ), North America's largest trucking company on Tuesday raised its second-quarter outlook to include gains related to changes to certain retirement plans and a charge for an accident, sending its stock up 8.4 percent. After the close of regular trading, the company said it sees second-quarter earnings in the range of 55 cents to 65 cents per share, which includes 34-cent-a-share gains from the retirement plan changes and a 9-cent-a-share charge for an accident. The company's press release did not elaborate on the gains and the charge, and YRC could not immediately be reached for comment. Excluding the one-time items, earnings from core operations are expected to be consistent with its previously issued forecast of 30 cents to 40 cents per share. Analysts on average had... [read full story]                    

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Latest article on this story:

YRC stock up on earnings affirmation

kansascity.com 18-Jun-2008
First article on this story:

YRC Worldwide Updates Second Quarter 2008 Guidance

prnewswire.com 17-Jun-2008
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