News
GT
12.10
+2.37%
0.28
Michelin's half-year operating margin increases despite instability in Europe
French tyre maker Michelin reports a 4.2% drop in half-year sales to 13.48 billion euros. The company's operating margin increases despite instability in Europe. Michelin says Europe is struggling to compete internationally due to high cost of energy and influx of tyres from Asia.
Reuters · 2d ago
Goodyear Enhances Financial Flexibility, Reduces Debt Cost
TipRanks · 3d ago
GOODYEAR TIRE & RUBBER: CALLED FOR REDEMPTION $300 MLN IN AGGREGATE PRINCIPAL AMOUNT OF OUTSTANDING NOTES ON AUG 7
Reuters · 3d ago
BUZZ-U.S. STOCKS ON THE MOVE-Walt Disney, Mattel, Tellurian
The S&P 500 and the Nasdaq recouped some of the previous week's losses on Monday. The Dow Jones Industrial Average was up 0.22% in early trading. Walt Disney, Mattel and Tellurian are among the stocks on the move.
Reuters · 4d ago
BUZZ-U.S. STOCKS ON THE MOVE-Verizon Communications, Reddit, Starbucks
Wall Street rose on Monday. The Dow Jones Industrial Average was unchanged and the S&P 500 was up 0.52%. Verizon Communications, Reddit and Starbucks were among the biggest losers. The major U.S. Stock markets rose after a week of declines. Gold prices fell as gold miners fell.
Reuters · 4d ago
Deals of the day-Mergers and acquisitions
Australia's Woodside Energy agrees to buy U.S. Liquefied gas developer Tellurian for $1.2 billion. Private equity firm L Catterton has approached toy maker Mattel with an acquisition offer. Clearwater Paper agrees to sell its tissue business to Sofidel America. Goodyear Tire & Rubber sells its tire business to Japan's Yokohama.
Reuters · 4d ago
BUZZ-U.S. STOCKS ON THE MOVE-Cassava Sciences, Crowdstrike Holdings, crypto stocks
Wall Street was poised to open higher on Monday. President Joe Biden withdrew from the presidential race and endorsed Kamala Harris. The top three NYSE percentage gainers premarket were Meta Data, Cassava Sciences, Crowdstrike Holdings. Crypto stocks jump after Biden bows out.
Reuters · 4d ago
BUZZ-U.S. STOCKS ON THE MOVE-Bank of America, Nvidia, Serve Robotics
U.S. Stock index futures rise on Monday. President Joe Biden bowed out of the presidential race and endorsed Kamala Harris. Top three NYSE percentage gainers premarket were Meta Data, Nerdy and Serve Robotics. Bank of America, Nvidia and Goodyear Tire & Rubber are up.
Reuters · 4d ago
UPDATE 1-Goodyear to sell Off-the-Road tire business to Yokohama for $905 million
Goodyear to sell its Off-the-Road tire business to Japan's Yokohama Rubber 5101.T for $905 million in cash. The deal is expected to close by early 2025. Goodyear last year announced plans to cut costs and slim down its portfolio of businesses.
Reuters · 4d ago
Wall Street Breakfast Podcast: Market Awaits Impact Of Kamala Harris' Presidential Run
Seeking Alpha · 4d ago
Goodyear Secures Strategic Sale of Off-Road Tire Business
TipRanks · 4d ago
BUZZ-Goodyear Tire rises after $905 mln deal to sell its off-road unit to Yokohama Rubber
Shares of Goodyear Tire & Rubber Co rise 1% to $12.22 premarket. Co to sell its off-road tire business to Yokohama Rubber Company for $905 million in cash. Goodyear will retain its business providing off- Road tires for military and defense applications.
Reuters · 4d ago
Goodyear Sells OTR Tire Business To Yokohama For $905M: Details
Goodyear Tire & Rubber Company to sell its Off-the-Road tire business to The Yokohama Rubber Company, Limited for $905 million in cash. Goodyear will continue to supply OTR tires for U.S. Military and defense applications. Proceeds from the sale will help Goodyear reduce debt and support its transformation plan.
Benzinga · 4d ago
Weekly Report: what happened at GT last week (0715-0719)?
Weekly Report · 4d ago
Goodyear to Sell Mining, Construction Machinery Tire Business to Yokohama Rubber for $905 Mln
Dow Jones · 4d ago
Goodyear Enters Agreement For Sale Of OTR Business - Quick Facts
NASDAQ · 4d ago
*Goodyear: Transaction Is Subject to Regulatory Approvals, Other Customary Closing Conditions
Dow Jones · 4d ago
*Goodyear: Transaction Expected to Close by Early 2025
Dow Jones · 4d ago
*Goodyear: Will Retain Its Business Providing OTR Tires for U.S. Military, Defense Applications
Dow Jones · 4d ago
*Goodyear Tire & Rubber Announces Sale of Off-The-Road Tire Business to Yokohama for $905M
Dow Jones · 4d ago
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About GT
The Goodyear Tire & Rubber Company is a tire company. The Company develops, manufactures, distributes, and sell tires for various applications. It also manufactures and sells rubber-related chemicals for various applications. It is an operator of commercial truck service and tire retreading centers. It operates approximately 950 retail outlets where it offers its products for sale to consumer and commercial customers and provides repair and other services. It manufactures its products in 55 manufacturing facilities in 22 countries. The Company's segments represent its regional tire businesses: Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific. It manufactures and sells numerous lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and various other applications. Its brands include Goodyear, Cooper, Dunlop, Kelly, Debica, Sava, Fulda, Mastercraft and Roadmaster, and others.