Tuesday, April 06, 2010

Key analyst raises rating for YRC Worldwide stock

Transportation stock analyst Ed Wolfe has reinstated and raised his rating for YRC Worldwide Inc. after the company filed more details about its finances with the Securities and Exchange Commission.

Wolfe, of Wolfe Research, suspended guidance for investors on March 1 after YRC released only limited information about its fiscal 2009 fourth quarter. He said at the time that the lack of data caused him to have “little confidence in our model at this point.” Full Story.........

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