YELLOW CORP. LOWERS THIRD-QUARTER EARNINGS OUTLOOK
Yellow Corp. has dropped its third-quarter earnings projection to 20-to-25 cents per share, from its earlier estimate of 48 cents per share.
Overland Park, Kan.-based Yellow said the revision is due to the continuing effects of the global economic slowdown. The company had expected seasonal volume increases for the third quarter.
YELLOW CORP. LOWERS THIRD-QUARTER EARNINGS OUTLOOK