YRC Worldwide Inc. (YRCW) reported that its first-quarter net loss attributable to the company narrowed to $24.5 million or $2.93 per share from $85.5 million or $12.40 per share last year. Operating revenue decreased to $1.16 billion from $1.19 billion last year. The company reported lower operating expenses of $1.15 billion, compared to $1.24 billion last year. On average, six analysts polled by Thomson Reuters expected the company to report a loss of $5.75 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $1.20 billion for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.