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Stock Market & Financial Investment News

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April 24, 2014
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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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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