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April 26, 2013
07:33 EDTGTGoodyear Tire sees FY13 global operating income $1.4B-$1.5B
Goodyear is forecasting its 2013 tire unit volumes to be essentially at 2012 levels as a result of weak industry conditions, especially in Europe. For the full year of 2013 in North America, Goodyear now expects consumer replacement to be at essentially 2012 levels. The company's full year 2013 outlook in other North American market segments is unchanged. It expects consumer original equipment volumes to be up approximately 5 percent, while commercial replacement and original equipment are both expected to remain at about 2012 levels. For the full year in Europe, Middle East and Africa, Goodyear now expects consumer replacement to be at essentially 2012 levels. The company's full year 2013 outlook in other Europe, Middle East and Africa market segments is unchanged. It expects consumer original equipment volumes to be down approximately 5 percent, commercial replacement to be up approximately 5 percent and commercial original equipment to be flat to up 5 percent.
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September 11, 2014
07:46 EDTGTGoodyear Tire management to meet with Deutsche Bank
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September 8, 2014
15:53 EDTGTJury awards deceased Goodyear Tire employee's family $18.6M
A Dallas County jury has awarded $18.6M to the family of a tire builder who died after being exposed to cancer-causing asbestos fibers at the Goodyear Tire & Rubber plant in Tyler, Texas. Carl Rogers worked at the plant for 30 years before being diagnosed with mesothelioma, a deadly cancer caused by exposure to asbestos fibers. Jurors found Goodyear grossly negligent for allowing Rogers' continued exposure to asbestos. The Sept. 5 verdict includes $2.7M in non-economic damages, $900,000 in economic damages, and $15M in punitive damages. The parties stipulated to an amount of paid medical bills, which will also be added to the final judgment.
07:04 EDTGTGoodyear Tire management to meet with Deutsche Bank
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