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Celadon Group Inc (CGI.N)

CGI.N on New York Stock Exchange

6.35USD
22 Sep 2017
Change (% chg)

$0.10 (+1.60%)
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Latest Key Developments (Source: Significant Developments)

Celadon Group disposed substantially all flatbed trucking assets to PS Logistics
Monday, 18 Sep 2017 09:01am EDT 

Sept 18 (Reuters) - Celadon Group Inc :Celadon Group- completed disposition of substantially all assets associated with its flatbed trucking division to unit of PS Logistics; financial terms not disclosed​.  Full Article

Celadon Group appoints Paul Svindland CEO, effective on or about July 24
Thursday, 13 Jul 2017 04:05pm EDT 

July 13 (Reuters) - Celadon Group Inc :Celadon Group announces executive team changes.Celadon Group Inc - announced appointment of paul c. Svindland as chief executive officer, effective on or about July 24.Celadon Group Inc - svindland succeeds paul will, who will retire as ceo and chairman of board.Celadon Group Inc - will will serve as a consultant to company through July 2018.Celadon Group Inc - company also announced that michael miller will replace will as chairman.  Full Article

Celadon Group says do not currently expect to be in compliance with financial covenants on Sept 30, 2017
Friday, 7 Jul 2017 05:31pm EDT 

July 7 (Reuters) - Celadon Group Inc ::Celadon group inc says do not currently expect to be in compliance with financial covenants on sept 30, 2017 - sec filing.Celadon group inc - as a result of non compliance, co has undertaken a process whereby we would refinance credit agreement.Celadon group - received waiver, amendments to credit agreement that suspend/amend testing of financial covenants until testing period ending sept 30.Celadon group- if unable to refinance credit agreement/obtain accommodations from equipment lenders, lessors, would have adverse effect on financial condition.  Full Article

Celadon Group files for non-timely 10-Q
Thursday, 11 May 2017 06:02pm EDT 

May 11 (Reuters) - Celadon Group Inc :Files for non-timely 10-Q - sec filing.Says presently expects to report a net loss for the quarter ended March 31, 2017.  Full Article

Celadon Group says Eric Meek has resigned as COO
Monday, 1 May 2017 08:36pm EDT 

May 2 (Reuters) - Celadon Group Inc :promoted Jonathan Russell to role of president and chief operating officer of Celadon Group.preliminary financial results for quarter ended march 31, 2017, are expected to include an operating loss of approximately $10.0 million.audit committee reviewing certain transactions involving revenue equipment held for sale reported in statements for fy 2016.audit committee reviewing transactions involving revenue equipment held for sale reported in for quarters ended sept. 30 2016 and dec 31, 2016.Reviewing multiple other alternatives to address its short and long-term liquidity needs.Eric Meek has resigned as president and chief operating officer to pursue other interests.  Full Article

Celadon Group enters into fourth amendment to amended and restated credit agreement
Monday, 1 May 2017 05:25pm EDT 

May 1 (Reuters) - Celadon Group Inc :Celadon Group Inc says entered into a fourth amendment to amended and restated credit agreement - SEC filing.Celadon Group Inc says amendment reduced maximum amount of outstanding indebtedness under credit agreement to $200 million.  Full Article

Celadon Group files for non-timely 10-Q
Thursday, 9 Feb 2017 05:27pm EST 

Celadon Group Inc : Files for non-timely 10-Q . On Feb 7, 2017, Indiana court of appeals affirmed summary judgment in matter of Wilmoth et al versus Celadon Trucking Services . Although co intends to further appeal the matter, there is no assurance the Indiana supreme court would accept the appeal . Celadon Group says assessed likelihood of favorable outcome now decreased, anticipates accruing between about $4.5 million & $5 million, pretax, in respect of matter .Celadon Group says due to timing of court decision & need to determine amount of accrual in co's results, filing of 10-Q for Q2 will be delayed.  Full Article

Celadon Group qtrly earnings per share $0.05
Wednesday, 1 Feb 2017 05:28pm EST 

Celadon Group Inc : Celadon Group reports December quarter results and declares dividend . Quarterly earnings per share $0.05 . Quarterly revenue $265.7 million .Q2 earnings per share view $0.00, revenue view $260.2 million -- Thomson Reuters I/B/E/S.  Full Article

Celadon Group announces closing of joint venture with Element Fleet Management
Friday, 30 Dec 2016 06:10pm EST 

Celadon Group Inc : Celadon Group announces closing of joint venture with Element Fleet Management .Has entered into a joint venture agreement with unit of Element Fleet Management.  Full Article

Celadon Group qtrly loss per share $0.10
Wednesday, 2 Nov 2016 09:40pm EDT 

Celadon Group Inc : Celadon group reports september quarter results and declares dividend . Quarterly revenue fell 0.4 percent to $265 million .Quarterly loss per share $0.10.  Full Article

BRIEF-Celadon Group Inc files for non timely 10-K

* Celadon Group Inc files for non timely 10-K - SEC filing Source text : (http://bit.ly/2fjkNAj) Further company coverage: