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Analyst downgrades YRC shares to 'hold'...

Analyst downgrades YRC shares to 'hold'

Shares of trucking company YRC Worldwide Inc. were downgraded to ''hold'' from ''buy'' by analyst Daniel Scalzi at Matrix USA.

YRC of Overland Park, Kan., which has its Roadway unit based in Akron, fell 30 cents to $16.53 in trading Wednesday. The stock is down 60 percent from a year ago and down 56 percent in 2007.

Graco recalls
infant car seats

Graco Children's Products Inc. said it is voluntarily recalling some SnugRide infant car seats.

It was the third recall this year involving children's products sold under Graco's name. To learn more about the infant seat recall, call 800-345-4109 or go online to http://www.gracobaby.com.

Drug maker Glaxo
to buy Reliant

GlaxoSmithKline Plc, Europe's largest drug maker, agreed to buy Reliant Pharmaceuticals Inc. for $1.65 billion in cash to gain heart medicines. Closely held Reliant had $341 million in sales in nine months, London-based Glaxo said.

Truck drivers might
block oil refineries

Independent truck drivers in Britain are threatening blockades of oil refineries to protest fuel prices that have increased more than 12 percent this year.

Haulers said the blockades could begin this month. Truckers and farmers brought refineries to a standstill in 2000 in demonstrations against fuel taxes that led to gasoline rationing in Britain.

U.S. agency probes
Ford sedan, trucks

Ford's 2005 Five Hundred sedans and 2005-2007 models of its F-250 and F-350 trucks are being investigated by a U.S. safety agency after reports of electrical failures and loss of steering control.

Analyst downgrades YRC shares to 'hold'

Get the full article here.


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