Monday, December 05, 2005

Bush urges companies to pay pension obligations

President Bush called on American businesses on Monday to live up to their pension promises, saying too many companies are not putting away enough money to protect the retirement benefits of their workers. Full story here.......

Yellow Roadway sees 2005 profit at $5.18 to $5.23 a share

Yellow Roadway Corp. affirmed Monday its 2005 earnings outlook of $5.18 to $5.23 a share and its fourth-quarter profit expectations of $1.30 to $1.35 a share. "We continue to see a good economy across the board," Yellow Chief Executive Bill Zollars said in a statement. Analysts polled by Thomson First Call forecast earnings, on average, of $5.23 a share in 2005 and $1.36 a share in the fourth quarter. The shares fell 66 cents Friday to $46.45.