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Stock Market & Financial Investment News

News Breaks
May 15, 2014
10:40 EDTCTBCooper Tire sees returning to growth after a challenging 2013
In a slides presentation for its investor day presentation, the company noted that it expects to further grow cash to fund business and other uses. Also noted in the presentation is progress made in winning OE supply agreements in China.
News For CTB From The Last 14 Days
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February 23, 2015
07:33 EDTCTBCooper Tire announces new $200M share repurchase authorization
Cooper Tire & Rubber Company announced that its Board of Directors has authorized the repurchase of up to $200M of the company’s outstanding common stock through December 31, 2016. Shares will be repurchased from time to time, based on market conditions and will be executed through open market purchases, privately negotiated purchases or otherwise. All or part of the repurchases may be implemented under Rule 10b5-1 trading plans, which allow repurchases under pre-set terms when the company might otherwise be prevented from doing so. The repurchased shares will be held in Treasury and used for general corporate purposes. The company recently completed a $200M accelerated share repurchase program announced in August 2014.
07:32 EDTCTBCooper Tire sees FY15 CapEx $205M-$215M, effective tax rate 30%-35%
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07:31 EDTCTBCooper Tire reports Q4 EPS 45c ex-gain, consensus 64c
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February 20, 2015
15:31 EDTCTBCooper Tire volatility elevated into Q4 and outlook
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