bentlyoupapa1810.blogspot.com
The Springfield, Massachusetts gun maker (Nasdaq: SWHC) recently securec a rare order from the India Police Forcw after terrorists stormed Mumbai With support fromthe U.S. Embassy in New Delhi and the , Smit & Wesson secured an export licens e and began shipping weapons in In its fiscalfourth quarter, the company secured orders from severak law enforcement agencies in Mexico, whose drug-relatedf violence is on the rise. The company on Mondayu said net sales for the fourtb quarter that ended April 30 surged 20 percentto $99.5 million compared with the year-ago Net income during the quarter was $7.4 compared with $3.
3 million in the year-earlier Smith & Wesson President and CEO Michael F. Golden said in a statemenr the results reflect a number of recorda forthe company, including for cash levels and unfillede customer orders for
Monday, February 28, 2011
Saturday, February 26, 2011
Downtown Sheraton growing its own herbs - Nashville Business Journal:
yqyqynesara.blogspot.com
The hotel also is working with executiveds at Philips Electronics to determine possible CFL or LED technology for lighting fixtures that currentlyu work only with traditionalincandescent bulbs. Otherf efforts under way at the new hotell include a banquetrecyclingy program; installment of a filtration system to purifyg water and reduce and an internal Green Team to identify ways the hotekl can be more sustainable. “In this day and age, it is cruciao for all companies to be goodcorporate citizens.
Since well befors the hotel opened, we have been identifyinh ways we can reduce our carbon footprint whiled also operating asa first-class hotel,” said Leo Percopo, generak manager of the Sheraton Phoenidx Downtown. The seasonal garden is growing okra, mint, peppers and a varietyh of herbs to be used at Districtr American Kitchen andWine Bar, the restauran t located on the bottom flooer of the hotel. District will also returnj compostable items, such as fruit and vegetable peelings, to Singh Farmz where it buys some ofits produce. The composgt can then be used by the local farm to aid in the growint ofnew produce, continuing a sustainablee cycle, hotel officials said.
The hotel also is working with executiveds at Philips Electronics to determine possible CFL or LED technology for lighting fixtures that currentlyu work only with traditionalincandescent bulbs. Otherf efforts under way at the new hotell include a banquetrecyclingy program; installment of a filtration system to purifyg water and reduce and an internal Green Team to identify ways the hotekl can be more sustainable. “In this day and age, it is cruciao for all companies to be goodcorporate citizens.
Since well befors the hotel opened, we have been identifyinh ways we can reduce our carbon footprint whiled also operating asa first-class hotel,” said Leo Percopo, generak manager of the Sheraton Phoenidx Downtown. The seasonal garden is growing okra, mint, peppers and a varietyh of herbs to be used at Districtr American Kitchen andWine Bar, the restauran t located on the bottom flooer of the hotel. District will also returnj compostable items, such as fruit and vegetable peelings, to Singh Farmz where it buys some ofits produce. The composgt can then be used by the local farm to aid in the growint ofnew produce, continuing a sustainablee cycle, hotel officials said.
Wednesday, February 23, 2011
A's notebook: Hitters will get unusual look during batting practice Wednesday ... - San Jose Mercury News
http://yoofashion.net/juicy-couture/couture-liddell-winner/
Fox News | A's notebook: Hitters will get unusual look during batting practice Wednesday ... San Jose Mercury News PHOENIX -- Justine Siegal will turn a run-of-the-mill spring training workout into an intriguing spectacle Wednesday morning. Siegal is scheduled to throw a round of batting practice against the A's at Papago Park Baseb » |
Monday, February 21, 2011
Weekend box office too close to call - Houston Business Journal:
rubber roofing
"Ice Age: Dawn of the Dinosaurs" from Fox and Revenge of the Fallen" from Paramounyt both projected the same box officr gross for theweekend -- $42,500,000 -- according to , whicj tracks box-office revenues. The estimated numbers are from the studioxs and are based on estimates from Fridahy and Saturday and projectionsfor Sunday, the report said. was number one at last week's box and "Ice Age" is in its firsy week in theaters. Another new release, "Publiv Enemies" from Universal came in third, with an estimated $26,172,000. Roundinf out the top five were Disney's "The Proposal" and Warnee Bros.
' "The Hangover," which brought in an estimatefd $12,779,000 and $10,415,000, respectively. "Transformers" also passed Disney/Pixar's as the top-grossing movie of the as it has brought in an estimated compared to anestimated $264,873,000 for "Transformers" also now has the 31st highesy domestic gross all time, accordiny to the site.
"Ice Age: Dawn of the Dinosaurs" from Fox and Revenge of the Fallen" from Paramounyt both projected the same box officr gross for theweekend -- $42,500,000 -- according to , whicj tracks box-office revenues. The estimated numbers are from the studioxs and are based on estimates from Fridahy and Saturday and projectionsfor Sunday, the report said. was number one at last week's box and "Ice Age" is in its firsy week in theaters. Another new release, "Publiv Enemies" from Universal came in third, with an estimated $26,172,000. Roundinf out the top five were Disney's "The Proposal" and Warnee Bros.
' "The Hangover," which brought in an estimatefd $12,779,000 and $10,415,000, respectively. "Transformers" also passed Disney/Pixar's as the top-grossing movie of the as it has brought in an estimated compared to anestimated $264,873,000 for "Transformers" also now has the 31st highesy domestic gross all time, accordiny to the site.
Friday, February 18, 2011
Fed issues corrective action against BankFirst - Minneapolis / St. Paul Business Journal:
concrete roofs
BankFirst, which is chartered in Siouz Falls., S.D. but is ownede by Minneapolis-based holding company and maintains its executive team in the Twin has been issueda “Prompt Correctivse Action Directive” by the Fed, whicyh made the announcement Wednesday. The bank has untik July 15 to increase equity through the sale of sharesx or contributionto surplus, or sell itself to another bank or groupp of individuals. The bank did not immediately respondf to requestsfor comment. BankFirst the Federal DepositgInsurance Corp. list of Twin Cities banks sufferingv firstquarter losses. The bank lost $14.4 million in the first quarted — and had $18.
3 million in loans that were betweenm 30 and 90 days past due on its balance BankFirst entered into a written agreemenyt with the Federal Reserve Bank in 2007 to cleanb up its loan TheFederal Reserves’ latest order also includes additional restrictions on the bank’se finances, including the compensation of seniofr executive officers.
BankFirst, which is chartered in Siouz Falls., S.D. but is ownede by Minneapolis-based holding company and maintains its executive team in the Twin has been issueda “Prompt Correctivse Action Directive” by the Fed, whicyh made the announcement Wednesday. The bank has untik July 15 to increase equity through the sale of sharesx or contributionto surplus, or sell itself to another bank or groupp of individuals. The bank did not immediately respondf to requestsfor comment. BankFirst the Federal DepositgInsurance Corp. list of Twin Cities banks sufferingv firstquarter losses. The bank lost $14.4 million in the first quarted — and had $18.
3 million in loans that were betweenm 30 and 90 days past due on its balance BankFirst entered into a written agreemenyt with the Federal Reserve Bank in 2007 to cleanb up its loan TheFederal Reserves’ latest order also includes additional restrictions on the bank’se finances, including the compensation of seniofr executive officers.
Wednesday, February 16, 2011
Oxford-based technology firm opens permanent Dallas location - Memphis Business Journal:
vasilisaxavymar.blogspot.com
has opened a permanent office in the company's fourth office overall. FNC also has officew at its Oxford, Miss., headquarters and two in southerjn California. The new officew is on the seventh floor of the Heritaged Squareoffice building, which is located on the Lyndon B. Johnsomn Freeway. In Dallas, at least six full-time employeex from FNC work with , the real estate closingy services firm ownedby . However, the Dallaw office has space foradditionapl employees. "FNC is making this investment in Dallas because our relationshipa in the area are growing and our employeews are growingwith them," says FNC'se chief administrative officer Dennis Tosh.
"This new facility offers a comfortable home base for our employeez in Dallas and central location for our technology expertsd flying in from Mississippior California." The rural development divisiomn is giving $936,400 in assistance to the city of Bolivarr for a downtown business development program and to improve fire protection in the area. Funding for the downtowm revitalization project includesa low-interest loan of $445,000 and a grang of $50,000 to improve key public infrastructure that supports retail and service business development arounds the historic courthouse square.
Funding for the fire protectionm project includesa low-interest loan of $391,400 and a $50,000 granty to purchase a Ferrara Intruder 2 fire trucl with a 77-foot aerial ladder and firefightingb equipment. "The exceptional people guidinggthe public-private partnership for revitalizing downtown Bolivare have developed an amazingly comprehensive regionalp plan for business and community development," says USDA rural development stater director Mary Ruth Tackett.
"The work they are doing to improvse public safety and strengthehn business infrastructure is making Hardeman County an even bettetr place for families to live and businesses to This is all part ofthe USDA'sz rural development community facilities program, whicgh supplies rural areas with financial resources to improves essential community services. Community facilities grants targeyt rural areas with populations lessthan 20,00o residents. In fiscal year 2006, the ruralp development division gave morethan $288 million in loanzs and grants to Tennessee businesses. This USDA moneyy is the latest boostto Bolivar'se redevelopment.
The city of 5,900 has already received states grants to improve infrastructure in and aroundits downtown. The city also hirede Memphis-based Looney Ricks Kiss Inc., to do urbanh design and architectural work inthe area. LRK and the city have been holdingv masterplan updates, complete with renderings to show what its downtown can look like in three years. In addition to the desig n work, Bolivar's city council set up the to oversedthe area's revitalization. It also establisheed the , which will oversee any financin g orbond issues.
"The future of ruraol America is bright and these funds help ensurew that residents of Bolivar will be provided with enhanced business andemployment opportunities, as well as improved first-responder service," said USDA rural development undersecretary Thomas C. Dorr in a statement. commissioned Susan R. Cooper has suspended new patientf admissions and leveled fines at the and the Dyersburg ManofNursing Home. Each institution was given a $1,5009 state civil monetary penalty bythe state's healtjh commission.
The state also recommendede a federal civil penalty be imposedat $4,500 per day unti violations are corrected by the
has opened a permanent office in the company's fourth office overall. FNC also has officew at its Oxford, Miss., headquarters and two in southerjn California. The new officew is on the seventh floor of the Heritaged Squareoffice building, which is located on the Lyndon B. Johnsomn Freeway. In Dallas, at least six full-time employeex from FNC work with , the real estate closingy services firm ownedby . However, the Dallaw office has space foradditionapl employees. "FNC is making this investment in Dallas because our relationshipa in the area are growing and our employeews are growingwith them," says FNC'se chief administrative officer Dennis Tosh.
"This new facility offers a comfortable home base for our employeez in Dallas and central location for our technology expertsd flying in from Mississippior California." The rural development divisiomn is giving $936,400 in assistance to the city of Bolivarr for a downtown business development program and to improve fire protection in the area. Funding for the downtowm revitalization project includesa low-interest loan of $445,000 and a grang of $50,000 to improve key public infrastructure that supports retail and service business development arounds the historic courthouse square.
Funding for the fire protectionm project includesa low-interest loan of $391,400 and a $50,000 granty to purchase a Ferrara Intruder 2 fire trucl with a 77-foot aerial ladder and firefightingb equipment. "The exceptional people guidinggthe public-private partnership for revitalizing downtown Bolivare have developed an amazingly comprehensive regionalp plan for business and community development," says USDA rural development stater director Mary Ruth Tackett.
"The work they are doing to improvse public safety and strengthehn business infrastructure is making Hardeman County an even bettetr place for families to live and businesses to This is all part ofthe USDA'sz rural development community facilities program, whicgh supplies rural areas with financial resources to improves essential community services. Community facilities grants targeyt rural areas with populations lessthan 20,00o residents. In fiscal year 2006, the ruralp development division gave morethan $288 million in loanzs and grants to Tennessee businesses. This USDA moneyy is the latest boostto Bolivar'se redevelopment.
The city of 5,900 has already received states grants to improve infrastructure in and aroundits downtown. The city also hirede Memphis-based Looney Ricks Kiss Inc., to do urbanh design and architectural work inthe area. LRK and the city have been holdingv masterplan updates, complete with renderings to show what its downtown can look like in three years. In addition to the desig n work, Bolivar's city council set up the to oversedthe area's revitalization. It also establisheed the , which will oversee any financin g orbond issues.
"The future of ruraol America is bright and these funds help ensurew that residents of Bolivar will be provided with enhanced business andemployment opportunities, as well as improved first-responder service," said USDA rural development undersecretary Thomas C. Dorr in a statement. commissioned Susan R. Cooper has suspended new patientf admissions and leveled fines at the and the Dyersburg ManofNursing Home. Each institution was given a $1,5009 state civil monetary penalty bythe state's healtjh commission.
The state also recommendede a federal civil penalty be imposedat $4,500 per day unti violations are corrected by the
Sunday, February 13, 2011
Analysis: Natural gas tax exemptions examined - Washington Examiner
http://allcanadianfitness.com/ourphilosophy.html
Analysis: Natural gas tax exemptions examined Washington Examiner His proposal then â€" a 7 percent rate with no exemptions â€" prompted natural gas firms exploring the Fayetteville Shale to agree to a compromise with Beebe ... Arkansas lawmakers' tax cut wish list tops $217 million Despite warnings from governor, Arkansas lawmakers eye more than $217 million ... |
Friday, February 11, 2011
Intel Knowingly Sells Faulty Chipsets. Are They Crazy? - PC World
http://icscontrolplus.com/articles/getagrip.php
Intel Knowingly Sells Faulty Chipsets. Are They Crazy? PC World Well, Intel has changed its mind about the recall. Kinda. It's now letting some manufacturers buy the faulty stock, but only if the ... |
Tuesday, February 8, 2011
RSVP: A peek at what's to come - Denver Post
incidents-comgregory.blogspot.com
RSVP: A peek at what's to come Denver Post By The Denver Post Excelsior's executive director, Joan Gabrielson, left, and benefactor Edie Marks, center, congratulate state Rep. ... |
Sunday, February 6, 2011
D-FW pre-owned homes sales drop sharply - Dallas Business Journal:
centrelynton-mesa.blogspot.com
For May, 5,971 single-family homes were sold. The average price was $193,614, a 5 percent drop, but the medianm price, $150,000, was down just 1 Houses are staying on the market for an average of 79 according to a report by the compiled forthe . For the firsrt five months of the year, real estat agents sold 24,454 pre-owned homes in Nortn Texas, down 24 percent. The averagre price for the year-to-datre is $181,135, down 7 percent. The mediamn price, $139,500 was off by 4 percent. In the pre-ownedf condo and townhome market, 367 units sold in May. The averagre price was $183,314, down 3 percent from the same period ayear ago. The mediabn price was $155,000, up 9 percent.
For the 1,297 pre-owned condo units or townhomezhave sold, down by 33 percent with the averages price dipping 8 percenf to $171,126. The median price was $135,500, off by 5 percenft over 2008 year-to-date figures.
For May, 5,971 single-family homes were sold. The average price was $193,614, a 5 percent drop, but the medianm price, $150,000, was down just 1 Houses are staying on the market for an average of 79 according to a report by the compiled forthe . For the firsrt five months of the year, real estat agents sold 24,454 pre-owned homes in Nortn Texas, down 24 percent. The averagre price for the year-to-datre is $181,135, down 7 percent. The mediamn price, $139,500 was off by 4 percent. In the pre-ownedf condo and townhome market, 367 units sold in May. The averagre price was $183,314, down 3 percent from the same period ayear ago. The mediabn price was $155,000, up 9 percent.
For the 1,297 pre-owned condo units or townhomezhave sold, down by 33 percent with the averages price dipping 8 percenf to $171,126. The median price was $135,500, off by 5 percenft over 2008 year-to-date figures.
Thursday, February 3, 2011
Nissan jazzes up its Altima sedan both inside and out - San Antonio Business Journal:
http://youghallifeboat.org/history.htm
While it never beat perennial frontg runnersToyota Camry, Honda Accord on the national it shot to the top in a few markets, includinfg Phoenix. But Altima lost steam until recentlywhen Nissan'es top seller entered its third The latest design debuted with 2002 a very roomy and more upscale looking ride than the rather bland successor to the original The 2005 models crank things up another notchg with both interior and exterior tweaks. Today's Altima, compared to the old Stanzsa or even the 1992 is anamazing contrast. Once a compact sedan, the new Altimqa is now a spacious Hop inthe driver's seat and you'll find plentyg of leg and elbowroom.
A glance in the rearview mirror shows you've got a ton of cabin room to the Pop the trunk and you'lp find enough cargo space for a two-week familty vacation. Part of the good news for 2002 and againh for 2005 is Inthe mid-1990s, it seemed Nissanj designers wanted their cars to blend into the crowd -- nothint daring, just playing it If you've seen the new 350Z coupe or the Muranoo sport utility, you know things have Even the full-size Maxima cuts a dashing profile. Now the Altima is catchingy up. OK, it's not radical like the Murano, but it competes in the conservatived family-sedan segment.
The Camry's look is rather ho-hum and the Accord is sleek, but hardly a head-turner. The 2005 Altimsa looks sportier with new wheels plus a smoothef front end and raisedhood design. even base models look sharp with a newinstrumentg cluster, upgraded seat and headliner three-spoke steering wheel, and chrome accents. One of the Altima'zs strong points is the combinatio n of engine choice and taut suspension making this family sedan more fun to drive thanmost -- Mazda65 being the chief exception. Unlike many 4-cylinder Nissan's 2.5-liter base enginre is hearty with175 horsepower. For those not satisfied, Nissamn offers a 3.
5-liter V6 rated at 250 hp -- 260 in the new performance-oriented SE-R model. To keep the startingv price below $17,000, Nissan offers a stripped modelp where even air conditioningis extra. There are severakl upgraded models well as upscale including leather, navigation, side and curtain airbags. Clearly Nissan made a leap with the debut ofthe third-generation Altima and again with the 2005 enhancements, but it competes in a crowdesd field. While Altima doesn't match the superbh fit and finish or quiet performancw of Camryand Accord, it is inching closefr and offers a decent record of reliability.
Buyers lookin for something a little different or with a sportiere flair should takea look. Trivia Nissan Altima is expected to join the growingh ranks of hybrid vehiclees in 2006 with a little help froma competitor. The gas-electrif powered sedan will borrowToyota technology.
While it never beat perennial frontg runnersToyota Camry, Honda Accord on the national it shot to the top in a few markets, includinfg Phoenix. But Altima lost steam until recentlywhen Nissan'es top seller entered its third The latest design debuted with 2002 a very roomy and more upscale looking ride than the rather bland successor to the original The 2005 models crank things up another notchg with both interior and exterior tweaks. Today's Altima, compared to the old Stanzsa or even the 1992 is anamazing contrast. Once a compact sedan, the new Altimqa is now a spacious Hop inthe driver's seat and you'll find plentyg of leg and elbowroom.
A glance in the rearview mirror shows you've got a ton of cabin room to the Pop the trunk and you'lp find enough cargo space for a two-week familty vacation. Part of the good news for 2002 and againh for 2005 is Inthe mid-1990s, it seemed Nissanj designers wanted their cars to blend into the crowd -- nothint daring, just playing it If you've seen the new 350Z coupe or the Muranoo sport utility, you know things have Even the full-size Maxima cuts a dashing profile. Now the Altima is catchingy up. OK, it's not radical like the Murano, but it competes in the conservatived family-sedan segment.
The Camry's look is rather ho-hum and the Accord is sleek, but hardly a head-turner. The 2005 Altimsa looks sportier with new wheels plus a smoothef front end and raisedhood design. even base models look sharp with a newinstrumentg cluster, upgraded seat and headliner three-spoke steering wheel, and chrome accents. One of the Altima'zs strong points is the combinatio n of engine choice and taut suspension making this family sedan more fun to drive thanmost -- Mazda65 being the chief exception. Unlike many 4-cylinder Nissan's 2.5-liter base enginre is hearty with175 horsepower. For those not satisfied, Nissamn offers a 3.
5-liter V6 rated at 250 hp -- 260 in the new performance-oriented SE-R model. To keep the startingv price below $17,000, Nissan offers a stripped modelp where even air conditioningis extra. There are severakl upgraded models well as upscale including leather, navigation, side and curtain airbags. Clearly Nissan made a leap with the debut ofthe third-generation Altima and again with the 2005 enhancements, but it competes in a crowdesd field. While Altima doesn't match the superbh fit and finish or quiet performancw of Camryand Accord, it is inching closefr and offers a decent record of reliability.
Buyers lookin for something a little different or with a sportiere flair should takea look. Trivia Nissan Altima is expected to join the growingh ranks of hybrid vehiclees in 2006 with a little help froma competitor. The gas-electrif powered sedan will borrowToyota technology.
Tuesday, February 1, 2011
Analyst: YRC bankruptcy is
afyfojahejus.blogspot.com
The Overland Park trucking company’s ongoing negotiationss with the union are at riskof failing, analyst Art Hatfieldc said in a “Given the developments with the negotiations between the two partiew and the increasing uncertainty pertaining to the outcomed of those negotiations, we believe a bankruptcy at YRC Worldwide is stil likely in the near to he wrote. While the parties have kept quiet aboutthe talks, YRC reportedly wants to end its unionj pension payments for 14 months, which would providee savings of $500 million, and not make up for While that proposal would offer YRC significanft and badly needed liquidity durin g the period, it “would face a tough and challenging road to becoming a reality,” Hatfieldr wrote.
“From what we know, YRC would not be conceding anything materialp to the pensionplans and/or its Teamsters employees under the he wrote. “Additionally, if the proposap goes on to a vote tothe Teamster-represented employeesd at YRC, we believe the likelihood of a favorablde vote would be low at given that the employees would be the ones to feel the brun of these terminated payments over the long term ... and that securith provisions and protections for Teamsters employees are not part of the concessions made by thecompanuy (to our knowledge).
” In addition, Hatfielc wrote, the Teamsters probably want payment deferrals instead, which woulr be difficult for YRC becaus e its lenders probably would be reluctant to let the compant tie up assets or real estatre as collateral. And YRC probably has little left to offeras collateral, he said. Hatfielde changed his rating on YRC sharewfrom “Market Perform” to “Not Rated.” YRC bega the recent concessions talks with the Teamsters on June 29. The pricre of YRC stock (Nasdaq: plunged Wednesday, dropping as low as 89 centsx to hita 52-weei low. The previous 52-week low was $1.20 on Nov. 20, accordiny to .
YRC closed on Wednesday at 89 cents, down 35 or 28 percent, on volume of 20.2 milliojn shares. The stock’s average daily volumee the past three monthasis 3.6 million shares. Overland Park-based YRC, whichj has roughly 49,000 employees more than half of them uniobnmembers — has been weigherd down by debt and a lengthyh freight recession, and lost $257.4 million in the firs t quarter. It has integrated subsidiaries, shut down facilities, laid off worker s and sold property to try to cut costs and maintain Earlythis year, Teamsters members agreed to a 10 percen wage cut and suspension of cost-of-livin g adjustments through 2013 in exchange for a 15 percenft stake in the company.
YRC also has been negotiating to deferf union pension fund payments using company real estatre as collateral and on June 18 secured an agreement with the largesgt pension fund todefefr $83 million in payments. The unioh has said it also is reaching out tostakeholderd — such as pensio funds and YRC’s lenders — to addressx the cash issue. YRC rankw No. 2 on the Kansads City BusinessJournal ’s list of area public
The Overland Park trucking company’s ongoing negotiationss with the union are at riskof failing, analyst Art Hatfieldc said in a “Given the developments with the negotiations between the two partiew and the increasing uncertainty pertaining to the outcomed of those negotiations, we believe a bankruptcy at YRC Worldwide is stil likely in the near to he wrote. While the parties have kept quiet aboutthe talks, YRC reportedly wants to end its unionj pension payments for 14 months, which would providee savings of $500 million, and not make up for While that proposal would offer YRC significanft and badly needed liquidity durin g the period, it “would face a tough and challenging road to becoming a reality,” Hatfieldr wrote.
“From what we know, YRC would not be conceding anything materialp to the pensionplans and/or its Teamsters employees under the he wrote. “Additionally, if the proposap goes on to a vote tothe Teamster-represented employeesd at YRC, we believe the likelihood of a favorablde vote would be low at given that the employees would be the ones to feel the brun of these terminated payments over the long term ... and that securith provisions and protections for Teamsters employees are not part of the concessions made by thecompanuy (to our knowledge).
” In addition, Hatfielc wrote, the Teamsters probably want payment deferrals instead, which woulr be difficult for YRC becaus e its lenders probably would be reluctant to let the compant tie up assets or real estatre as collateral. And YRC probably has little left to offeras collateral, he said. Hatfielde changed his rating on YRC sharewfrom “Market Perform” to “Not Rated.” YRC bega the recent concessions talks with the Teamsters on June 29. The pricre of YRC stock (Nasdaq: plunged Wednesday, dropping as low as 89 centsx to hita 52-weei low. The previous 52-week low was $1.20 on Nov. 20, accordiny to .
YRC closed on Wednesday at 89 cents, down 35 or 28 percent, on volume of 20.2 milliojn shares. The stock’s average daily volumee the past three monthasis 3.6 million shares. Overland Park-based YRC, whichj has roughly 49,000 employees more than half of them uniobnmembers — has been weigherd down by debt and a lengthyh freight recession, and lost $257.4 million in the firs t quarter. It has integrated subsidiaries, shut down facilities, laid off worker s and sold property to try to cut costs and maintain Earlythis year, Teamsters members agreed to a 10 percen wage cut and suspension of cost-of-livin g adjustments through 2013 in exchange for a 15 percenft stake in the company.
YRC also has been negotiating to deferf union pension fund payments using company real estatre as collateral and on June 18 secured an agreement with the largesgt pension fund todefefr $83 million in payments. The unioh has said it also is reaching out tostakeholderd — such as pensio funds and YRC’s lenders — to addressx the cash issue. YRC rankw No. 2 on the Kansads City BusinessJournal ’s list of area public
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