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Yellow dished out $4.6M in bonuses to its top execs weeks before declaring bankruptcy. Over half of the sum was for retention bonuses as the company contemplated liquidating.
Trucking firm Estes Express has submitted a revised stalking horse bid worth $1.525 billion in cash for bankrupt Yellow Corp's shipment centers, according to a bankruptcy court filing on Wednesday.
The biggest layoffs this summer came at Yellow Corp., CVS Health, KPMG, Biogen and Binance.
Yellow Trucking company filed for chapter 11 bankruptcy in early August and now companies are beginning to bid for the company's assets, which include 160 trucking terminals.
Unless they're outbid, Yellow Corp.'s former competitor, Estes Express Lines could buy all its terminals.
Another meme stock has lost its spot on a major exchange. Yellow (OTCMKTS: YELLQ ) began August on a high note when short squeeze momentum pushed it up more than 500%.

YELL Stock: Nasdaq Suspends Trading in Yellow

04:12pm, Wednesday, 16'th Aug 2023
Yellow (OTCMKTS: YELLQ ) stock has been suspended from trading on the Nasdaq under the YELL stock ticker. Indeed, as of today, the trucking company is trading via over-the-counter “pink sheets.
CNBC's Frank Holland joins 'The Exchange' to discuss Yellow trucking declaring bankruptcy, a redistribution across competitors in the trucking market place, and holiday demand projections suggesting a

Apollo-Led Lenders Sell Yellow Loan to Citadel

08:33pm, Tuesday, 15'th Aug 2023
The firm exited its loan investment after rival lenders offered better terms to finance Yellow's liquidation.
There have been some rather incredible moves among highly shorted stocks in recent days. Among the short squeeze stocks in focus for many investors is trucking company Yellow (NASDAQ: YELL ), which s
Trucking company Yellow claims unsuccessful negotiations with its workers' labor union is forcing it into bankruptcy. United Parcel Service's employees are represented by the same union -- a union tha
After hitting a fresh low two weeks ago at 43 cents per share, now-defunct trucking company Yellow (NASDAQ: YELL ) has been on a turbulent ride. Shares of YELL stock have recovered to more than $4 p
It's the height of summer vacation season, and the stock market is taking a breather after its major rally earlier in the year. For active traders, much of the excitement has moved to penny stocks, wi
In the wake of Yellow Corp.'s bankruptcy announcement, Rep. French Hill of Arkansas has again voiced his concerns about a $700 million federal loan that the trucking company received in 2020.
Yellow (NASDAQ: YELL ) stock is falling on Wednesday after the struggling U.S. trucking company received a Nasdaq delisting notice! The notice from the Nasdaq Exchange means that shares of YELL stock
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