New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
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.
News For GT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 25, 2014
07:42 EDTGTGoodyear may benefit in 2015 from Chinese tire duties, says Deutsche Bank
After the Department of Commerce assigned a higher than expected preliminary subsidy rate of 15.69% to tires exported from China, Deutsche Bank noted that additional tariffs on Chinese tires would likely have a significant impact on the U.S. tire market and be positive for companies like Goodyear (GT). Cooper Tire (CTB) is another publicly traded U.S. tire company. The firm notes that the ITC is scheduled to release the more significant preliminary ruling on whether Chinese tire makers dumped tires into the U.S. market around January 20, which could result in tariffs that would likely be significantly higher than the countervailing duty. Deutsche has a Hold rating and $29 price target on Goodyear.
05:51 EDTGTStocks with implied volatility movement; GT LOCO
Subscribe for More Information
November 12, 2014
08:05 EDTGTGoldman to hold a conference
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use