All Posts Tagged With: "GT"
(GM) Auto Industry Stock Outlook and Review – December 2011 – Industry Outlook
The auto industry is highly concentrated. About 10 global automakers account for over 77% of the production worldwide and 13 automakers account for more than 90% of total vehicles sold in the U.S. In the first 10 months of 2011, General Motors Company (GM) led with a 19.8% market...
2Dec2011 | vitalstocks | 0 comments | Continued(GT) Goodyear Tire & Rubber – Bull of the Day
Goodyear Tire & Rubber Company (GT) is one of the largest tire manufacturing companies around the world. The company expects to benefit from new product launches and cost reduction programs. It has targeted $1 billion of gross savings by 2012. The company also expects the...
15Nov2011 | vitalstocks | 0 comments | Continued(AMD) Company News for October 31, 2011 – Corporate Summary
• Advanced Micro Devices, Inc. (NYSE:AMD) posted third quarter earnings of $0.13 per share, ahead of the Zacks Consensus Estimate of $0.10 per share • Goodyear Tire & Rubber Co. (NYSE:GT) reported a profit of $161 million or $0.60 per share in the third quarter...
2Nov2011 | vitalstocks | 0 comments | Continued(GM) Auto Industry Stock Outlook – August 2011 – Industry Outlook
The auto industry is highly concentrated. About 10 global automakers account for over 77% of the production worldwide and 13 automakers account for more than 90% of total vehicles sold in the U.S. In the first 7 months of 2011, General Motors Company (GM) led with a 20% market...
26Aug2011 | vitalstocks | 0 comments | Continued(CVX) Stock Market News for July 29, 2011 – Market News
Momentum from positive economic reports in the morning session were washed out on Thursday afternoon, as investors remained apprehensive ahead of the key vote in Congress on the debt-ceiling issue. Finally, just before the closing bell, markets lost all their gains to drop modestly...
29Jul2011 | vitalstocks | 0 comments | Continued(CTB) Cooper Tire & Rubber Analyst Downgrades Shares to Underperform
We downgrade our recommendation on Cooper Tire & Rubber Co. (CTB) to Underperform from Neutral. Based in Findlay, Ohio, Cooper Tire is the ninth largest tire company in the world and is also one of the 350 large companies in America. The company manufactures and markets tires...
5Jul2011 | vitalstocks | 0 comments | Continued(BKH) Company News for June 13, 2011 – Corporate Summary
• The Travelers Companies, Inc. (NYSE:TRV) announced it was slowing down its share-repurchase program as natural disasters caused a $1 billion loss to the company in April and May. • Goodyear Tire & Rubber Co. (NYSE:GT) has decided to sell its Asian wire business...
13Jun2011 | vitalstocks | 0 comments | Continued(XOM) Exxon and SABIC Award Kemya Saudi Arabia Contracts
Oil giant ExxonMobil Corp.’s (XOM) affiliate, ExxonMobil Chemical and Saudi Basic Industries Corp., (SABIC) awarded engineering and design contracts for their joint synthetic rubber project, Kemya, in Saudi Arabia. The contracts cover front-end engineering and design (FEED)...
2Jun2011 | vitalstocks | 0 comments | Continued(GM) Auto Industry Outlook and Review – May 2011 – Industry Outlook
The auto industry is highly concentrated, with the top 10 global automakers accounting for over 77% of production worldwide. In the first four months of 2011, General Motors Company (GM) led with a 19.6% market share in the U.S., followed by Ford Motor Co. (F) with a 16.2% market...
24May2011 | vitalstocks | 0 comments | Continued($GT) Goodyear Rated Strong Buy by ValuEngine.com
Goodyear (GT) is one of the world’s largest tire companies. The company manufactures tires, engineered rubber products and chemicals in facilities in numerous countries. It has marketing operations in almost every country around the world. The company reported record-breaking...
3May2011 | valuengine | 0 comments | Continued(GT) Goodyear Tire & Rubber Closes Preferred Offer
Goodyear Tire & Rubber Co. (GT) announced the closing of its public offering of mandatorily convertible preferred stock, which commenced on March 28, 2011. In addition to the 8.7 million shares offered, the underwriters also exercised their option to purchase 1.3 million...
3Apr2011 | vitalstocks | 0 comments | Continued(GT) Goodyear Tire & Rubber Offers Preferred Stock
Goodyear Tire & Rubber Co. (GT) plans to make a public offering of $435 million of mandatory convertible preferred stock for the first time in history. The offering consists of 8.7 million shares at an average price of $50. The estimated proceeds of $421 million will be used...
2Apr2011 | vitalstocks | 0 comments | Continued(AMSC) Company News for March 29, 2011 – Corporate Summary
• The U.S. International Trade Commission said on Friday that it will review a patent decision that went against Kodak in January. Reacting to the news, shares of Eastman Kodak Co (NYSE:EK) rocketed 5.3% to $3.72 • Robert W. Baird & Co upgraded wireless carrier Leap...
29Mar2011 | vitalstocks | 0 comments | Continued(F) Auto Industry Outlook and Review – March 2011 – Industry Outlook
The auto industry is a highly concentrated one, with roughly 10 global automakers accounting for over 77% of total production worldwide. In 2010, General Motors Company (GM) led with a 19.1% market share in the U.S., followed by Ford Motor Co. (F) with a 16.7% market share, Toyota...
11Mar2011 | vitalstocks | 0 comments | Continued(CTB) Cooper Tire & Rubber Company Reports Quarterly Earnings Profit Skid
Cooper Tire & Rubber Company (CTB) reported a profit of $41.2 million or 65 cents per share in the fourth quarter of 2010, falling short of the Zacks Consensus Estimate by a penny. The profit fell 19.5% from $51.2 million or 82 cents per share in the fourth quarter of 2009. The...
4Mar2011 | vitalstocks | 0 comments | Continued(F) Auto Industry Outlook and Review – November 2010 – Industry Outlook
The auto industry is a highly concentrated one. About 10 global automakers account for over 77% of the production worldwide. In the first nine months of 2010, General Motors (MTLQQ) led with a 19% market share in the U.S., followed by Ford Motor Co. (F) with a 16.7% market share,...
5Nov2010 | vitalstocks | 0 comments | Continued(GT) Goodyear Tire & Rubber Company Far Exceeds Expectations
Goodyear Tire & Rubber Company (GT) saw a profit of $31 million or 12 cents per share (excluding special items) in the second quarter of the year in sharp contrast to a loss of $240 million or $1.00 per share (excluding special items) in the same quarter a year ago. The company...
1Aug2010 | vitalstocks | 0 comments | Continued(F) Auto Industry Outlook and Review – July 2010 – Industry Outlook
The auto industry is a highly concentrated one. About 10 global automakers account for over 77% of the production worldwide. In the first quarter of 2010, General Motors (MTLQQ) led with a 19.2% market share in the U.S., followed by Ford Motor Co. (F) with a 17.3% market share,...
13Jul2010 | vitalstocks | 0 comments | Continued(GT) Goodyear Tire Reports Good Quarter
Goodyear Tire (GT) posted a net income of $41 million or 18 cents per share (excluding special items) for the first quarter of 2010, in sharp contrast to a loss of $285 million or $1.19 per share (excluding special items) in the same quarter a year ago. With this, the company...
29Apr2010 | vitalstocks | 0 comments | Continued(TM) Auto Industry Outlook and Review – April 2010 – Industry Outlook
The auto industry is a highly concentrated one. About 10 global automakers account for over 77% of the production worldwide. Among them, Toyota Motors (TM) leads with a 13.3% market share, while its domestic rivals Incorporatedluding Nissan Motor and its alliance with Renault...
8Apr2010 | vitalstocks | 0 comments | Continued(ADP) Institute for Supply Management’s Manufacturing Survey Reaches Six-Year High
The Institute for Supply Management’s (ISM) manufacturing survey rose to a reading of 59.6 from 56.5 in January, an increase of 3.1 points and above the 57.0 reading that was expected. Any reading over 50 indicates that the manufacturing economy is expanding, so this is...
1Apr2010 | vitalstocks | 0 comments | Continued(GT) Goodyear Tire Hurt by Venezuela’s Currency Devaluation
Goodyear Tire’s (GT) operation in Venezuela, which contributes a significant portion of the company’s Latin American Tire sales and operating income, has been significantly affected by the Venezuelan government’s decision to introduce a two-tiered exchange rate that devalues...
19Jan2010 | vitalstocks | 0 comments | Continued(TM) Auto Industry Outlook for 2010 – Industry Outlook
The auto industry is a highly concentrated one. About 10 global automakers account for over 77% of the production worldwide. Among them, Toyota Motors (TM) leads with a 13.3% market share, while its domestic rivals including Nissan (NSANY) and its alliance with Renault account...
30Dec2009 | vitalstocks | 0 comments | Continued(TM) Auto Industry Outlook – Dec. 09 – Industry Outlook
The auto industry is a highly concentrated one. About 10 global automakers account for over 77% of the production worldwide. Among them, Toyota Motors (TM) leads with a 13.3% market share, while its domestic rivals including Nissan (NSANY) and its alliance with Renault account...
29Dec2009 | vitalstocks | 0 comments | Continued(GT) Goodyear Tire Hikes Prices
Goodyear Tire (GT) announced its first price increase in more than a year on the back of higher raw material costs. The company has raised the price of tires sold in North America by 6% on top of a 10% price rise in September last year. Goodyear has declined to specify the types...
14Nov2009 | vitalstocks | 0 comments | Continued(GT) Goodyear Tire & Rubber Co. – Earnings Preview
Goodyear Tire & Rubber Co. (GT) will release its sales and earnings results for the third quarter before the markets open on Wednesday, Oct 28. The Akron, Ohio-based tire manufacturing company – one of the largest worldwide – reported a net loss of $221 million or 92...
20Oct2009 | vitalstocks | 0 comments | Continued(GT) Goodyear Tire & Rubber Company to Save $215 Million With United Steel Workers Deal
The Goodyear Tire & Rubber Company (GT) has revealed details about its master labor contract, ratified by members of the United Steel Workers (USW) union on Sep 18. The master contract covered about 10,300 employees at seven tire plants in the U.S. The plants are in Akron...
6Oct2009 | vitalstocks | 0 comments | Continued(GT) The Goodyear Tire & Rubber Company to Save $215 Million
The Goodyear Tire & Rubber Company (GT) has revealed details about its master labor contract, ratified by members of the United Steel Workers (USW) union on Sep 18. The master contract covered about 10,300 employees at seven tire plants in the U.S. The plants are in Akron,...
3Oct2009 | vitalstocks | 0 comments | Continued(DDR) Developers Diversified Realty Corporation Appoints New Director
Developers Diversified Realty Corporation (DDR), a leading real estate investment trust (REIT), has recently appointed a new Director on its board following the resignation of Dean S. Adler. Adler has resigned from the board of the company citing personal reasons. In his place,...
11Sep2009 | vitalstocks | 0 comments | Continued(GT) Goodyear Reaches Deal with United Steel Workers
The Goodyear Tire & Rubber Co. (GT) revealed that it reached a tentative four-year agreement on a United Steel Workers deal, about three hours before a midnight deadline for expiration last Saturday. The new contract covers about 10,300 employees at seven tire plants in the...
31Aug2009 | vitalstocks | 0 comments | Continued