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Yellow Corp - YELL STOCK NEWS

Welcome to our dedicated news page for Yellow (Ticker: YELL), a resource for investors and traders seeking the latest updates and insights on Yellow.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Yellow's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Yellow's position in the market.

Rhea-AI Summary
Yellow Corporation (NASDAQ: YELL) reported Q2 2023 results. Operating revenue was $1.127 billion and operating income was $38.9 million. Net loss for Q2 2023 was $14.7 million. The company filed for Chapter 11 bankruptcy. Current liabilities were $1.916 billion. Total shareholders' deficit was $447.8 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-44.81%
Tags
earnings
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Rhea-AI Summary
Yellow Corporation files for Chapter 11 bankruptcy, leading to 30,000 job losses. Company blames International Brotherhood of Teamsters for blocking their business plan. Lawsuit pending against IBT for breach of contract and loss of enterprise value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-30.53%
Tags
none
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Rhea-AI Summary
Yellow Corporation is considering selling its successful 3PL subsidiary, Yellow Logistics, and is currently in discussions with multiple interested parties. Yellow Logistics is a customer-specific logistics provider specializing in various services such as truckload, residential, contract logistics, and warehousing. The company has experienced significant growth and aims to help customers accelerate their portfolio growth. Yellow Logistics will continue to operate with the full support of the Yellow organization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.56%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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none
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Rhea-AI Summary
Yellow Corporation faces potential strike from International Brotherhood of Teamsters over failure to make pension and health fund contributions. Yellow requested deferral of payments, but was denied by Central States. Teamsters' leadership blamed Yellow, but Yellow claims it is the union's refusal to negotiate modernization efforts that has caused financial strain. Yellow has offered wage increases and is open to negotiations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.57%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.93%
Tags
management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.54%
Tags
earnings
Yellow Corp

Nasdaq:YELL

YELL Rankings

YELL Stock Data

57.18M
12.62M
2.63%
36.4%
17.31%
General Freight Trucking, Local
Transportation and Warehousing
Link
US
Overland Park

About YELL

yellow, a fortune 500 company headquartered in nashville, tn is one of the largest super-regional less-than-truckload (ltl) companies in north america. nearly 100 years ago, yellow created the ltl industry, and now it comprises four successful regional ltl companies and an in-house logistics brokerage, yellow logistics. through its team of dedicated and determined professionals, yellow offers industry-leading and award-winning shipping and supply chain solutions to help our customers deliver like never before. visit myyellow.com to learn more.