YRC Worldwide Raises Outlook
Posted on July 15, 2011 at 08:35 AM EDT
YRC Worldwide Inc. (NASDAQ:YRCW), the struggling trucking company, yesterday declared a rosy financial outlook for fiscal 2011. The company estimated that its fiscal 2011 revenue will rise by a whopping 14% to $4.93 billion compared with $4.33 billion in fiscal 2010. Adjusted earnings before interest, taxes, depreciation, and other charges will be around $209.8 million, [...]