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Stock Market & Financial Investment News

News Breaks
January 31, 2014
08:38 EDTCTBCooper Tire to host conference call
Conference call to discuss the agreement with Chengshan Group Company which establishes a path going forward for the Cooper Chengshan (Shandong) Tire Company Ltd (CCT) joint venture will be held on January 31 at 9 am. Webcast Link
News For CTB From The Last 14 Days
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January 22, 2015
08:04 EDTCTBChinese anti-dumping tariffs positive for tire companies, says Deustche Bank
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07:43 EDTCTBGoodyear rises after U.S. sets dumping margins on Chinese tire makers
The U.S. Department of Commerce announced its affirmative preliminary determination in the antidumping duty investigation of imports of certain passenger vehicle and light truck tires from the People’s Republic of China. Commerce preliminarily determined that imports of certain passenger vehicle and light truck tires from China have been sold in the U.S. at dumping margins ranging from 19.17% to 87.99%. Mandatory respondents Giti Tire Global Trading and Sailun Group received preliminary dumping margins of 19.17% and 36.26%, respectively. All other producers/exporters in China received a preliminary dumping margin of 87.99%. Shares of Goodyear Tire (GT) are up 1.7% in pre-market trading following the determination, while Cooper Tire (CTB) is up 0.7%.

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