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Stock Market & Financial Investment News

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February 12, 2013
07:34 EDTGTGoodyear Tire announces pension funding strategy
Goodyear has announced its strategy to accelerate funding of its U.S. pension plans once frozen and to reduce its exposure to future interest rate and equity market movements. The company intends to finance the additional contributions by accessing the debt capital markets. As funded levels increase, Goodyear plans to shift its U. S. pension plan asset allocation to a portfolio of fixed income securities designed to offset the future impact of discount rate movements on the plans' funded status.
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April 24, 2014
10:00 EDTGTOn The Fly: Analyst Upgrade Summary
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06:13 EDTGTGoodyear Tire upgraded to Conviction Buy from Buy at Goldman
Goldman upgraded Goodyear Tire to the Conviction Buy List based on an uptick in volume data, moderating raw material prices, and stabilizing tire prices. Price target raised to $36 from $33.

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