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Stock Market & Financial Investment News

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February 14, 2014
08:30 EDTGTGoodyear Tire shares have more upside, says Citigroup
Citigroup sees additional upside in shares of Goodyear Tire despite the 11% post-Q4 earnings rally due to upward estimate revisions and multiple expansion. Citi raised its price target for shares to $32 from $28 and reiterates a Buy rating on the name.
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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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September 4, 2014
07:24 EDTGTGoodyear Tire management to meet with Deutsche Bank
Meeting to be held in New York on September 4 hosted by Deutsche Bank.

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