YRC Worldwide on Tuesday gave back nearly half of its big Monday gain, although the stock still closed over $8 a share.
Closing Bell
YRC comes back to earth; Sprint finishes up nearly 3 percent
March 19
The company, which finished up nearly 16 percent on Monday following news of possible layoffs and terminal consolidations, ended Tuesday down 5.5 percent. The stock fell 56 cents.
Other regional stocks that finished lower were Garmin, down 2.2 percent, Waddell & Reed, down 1.2 percent and O’Reilly Automotive, down 1.1 percent.
The biggest local mover Tuesday was Sprint, which finished up nearly 3 percent.
Area bank stocks also closed higher after faltering Monday with the rest of the financial industry.
Meanwhile, investors are taking the latest turn in Europe’s financial drama in stride.
U.S. stocks recovered most of an early loss Tuesday and ended little changed, even after lawmakers in Cyprus rejected the terms of a highly unpopular bailout plan that would have called for raiding the bank accounts of ordinary Cypriots.
The Dow Jones industrial average closed up three points, less than 0.1 percent, at 14,455. It had been down as much as 70 in the afternoon.
Other indexes closed slightly lower. The Standard & Poor’s 500 index lost three points, 0.2 percent, to 1,548. The Nasdaq composite lost eight points, or 0.3 percent, to 3,229.
The BATS 1000 fell 36.93 points, or 0.21 percent, to close at 17,528.56.
Three stocks fell for every two that rose on the New York Stock Exchange. Volume was slightly heavier than usual, 3.7 billion shares.
Regional movers
Capitol Federal Financial rose 1 cents, or 0.08%, to close at $12.00.
Cerner Corp. fell 36 cents, or 0.40%, to close at $90.76.
Commerce Bancshares Inc. rose 27 cents, or 0.68%, to close at $39.84.
Compass Minerals rose 7 cents, or 0.09%, to close at $77.91.
DST Systems Inc. fell 61 cents, or 0.87%, to close at $69.48.
Ferrellgas Partners L.P. fell 8 cents, or 0.42%, to close at $18.79.
Garmin Ltd. fell 75 cents, or 2.18%, to close at $33.61.
Great Plains Energy rose 5 cents, or 0.22%, to close at $22.89.
H&R Block Inc. fell 2 cents, or 0.07%, to close at $27.60.
Inergy L.P. was unchanged $19.13.
Kansas City Life Insurance Co. fell 24 cents, or 0.62%, to close at $38.28.
Kansas City Southern fell 8 cents, or 0.07%, to close at $107.91.
Layne Christensen Co. fell 15 cents, or 0.68%, to close at $22.04.
O'Reilly Automotive Inc. fell $1.11, or 1.06%, to close at $103.25.
Sprint Nextel Corp. rose 16 cents, or 2.73%, to close at $6.03.
UMB Financial Corp. rose 28 cents, or 0.59%, to close at $48.10.
Waddell & Reed Financial Corp. fell 50 cents, or 1.16%, to close at $42.59.
YRC Worldwide Inc. fell 56 cents, or 6.44%, to close at $8.14.




