YRC Worldwide (YRCW) Jan 1 put is the most actively traded equity options contract early Thursday. 17K now traded. Shares hit a low of 91 cents per share, but are flat at 99 cents after the company announced that it reached thresholds in its debt-to-equity exchange offer. Recall that yesterday, Jan and Feb 1 puts saw heavy trading (and increases in open interest of 24.7K and 14.6K, respectively) after the company extended its debt-to-equity swap until midnight. Now, some investors might be liquidating the puts on diminishing bankruptcy fears following today’s news
YRC Worldwide Inc. (YRCW, $0.89, -$0.10, -10.17%) reached its goals in the 11th hour to complete its debt-for-equity swap, allowing the trucking company to defer payments coming due. Its shares tumbled as the deal will heavily dilute shareholders. Shares of competitors also slipped on the news, including Old Dominion Freight Line Inc. (ODFL, $30.79, -$2.65, -7.92%), Con-Way Inc. (CNW, $35.64, -$3.07, -7.93%), Arkansas Best Corp. (ABFS, $30.00, -$2.82, -8.59%), Landstar System Inc. (LSTR, $38.83, -$0.82, -2.07%), SAIA Inc. (SAIA, $14.94, -$1.29, -7.95%) and Knight Transport Inc. (KNX, $19.41, -$0.32, -1.62%). Analysts had expected the rivals to pick up the extra business created by a potential YRC bankruptcy.
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Rush Limbaugh was said to be resting at a hospital in Honolulu after suffering chest pains Wednesday afternoon.
Rush Limbaugh was admitted to a Honolulu hospital today and is resting comfortably after suffering chest pains. Rush appreciates your prayers and well wishes. He will keep you updated via RushLimbaugh.com and on Thursday’s radio program.”
Rush Limbaugh, who is on vacation, may place a call to his popular program. His syndicator, Premiere Radio Networks, said to listeners that the host would “keep you updated” on Thursday’s edition of “The Rush Limbaugh Show.” The program is being led by substitute hosts this week; Mr. Limbaugh was scheduled to return on Monday, Jan. 4.
He said the 58-year-old left for his usual Christmas vacation on Dec. 23 and is due to return to his show on Jan. 4. Carson didn’t have any information on whether that schedule would change.
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Do u have Melitta Coffee maker ? Tired of coffeemakers that give out after a year or two? Wishing you had more control over the heat of your coffee? The answer may be the Melitta manual coffeemaker. How does it work? Put the cone on top of the carafe, insert a paper filter, add as many scoops of coffee as desired, pour in boiling hot water. Gravity goes to work and in a few minutes you have a pot of hot, fresh, delicious coffee. Melitta guarantees you’ll love coffee brewed this way
Melitta Coffee maker is about as simple as it gets to make coffee with the exception of the way my cousins make it in Brazil; there they hang a kind of cotton sock on a ring stand and pour hot water through. Out comes the most delicious “cafezhino” or however it’s spelled. The Melitta works on the same filtration principle.
A few notes: 10 cups means 10 European cups or about 2 to 3 healthy robust, caffeine-addict American mugs. And the coffee won’t stay hot as this is a glass pitcher or carafe with no warming element. Try heating the carafe first, or pouring the coffee into a thermos or insulated carafe. Wait, it’s only making a few AMERICAN cups so just drink up and don’t worry about it getting cold.
After my last coffee maker died (the fourth or fifth one in just eight years), I was sick of the electric coffee pot. This very simple set-up was inexpensive and doesn’t have any electrical parts to break.
The best thing of Melitta Coffee maker is that this makes the best coffee ever. Seriously. Here’s the method: I grind my beans right before brewing. I pour boiling water over the grounds, just enough to soak them. Then I pour again to fill the filter with water. And I stir with a spoon. Pour and stir, pour and stir, until all the water has gone through. Simple, easy, and amazingly good coffee. It’s way better than anything I got from my overpriced electrical machines
lets shop and using this good product
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