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Cooper Tire & Rubber Co (CTB.N)

CTB.N on New York Stock Exchange

43.40USD
24 Mar 2017
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$0.50 (+1.17%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Cooper Tire & Rubber reports Q4 earnings per share $1.28
Friday, 17 Feb 2017 07:02am EST 

Cooper Tire & Rubber Co : Cooper Tire & Rubber Company reports fourth quarter and full year 2016 results; issues 2017 guidance . Q4 earnings per share $1.28 . Q4 sales $784 million versus I/B/E/S view $767.7 million . Q4 earnings per share view $0.92 -- Thomson Reuters I/B/E/S . Qtrly unit volume up 7.7 percent, with increases in both Americas and international segments . Cooper Tire & Rubber Co - for 2017, company anticipates unit volume growth in each of its four segments . Says "expect raw material costs, which began to increase sharply toward end of 2016, to continue to rise in 2017" . Says "expect rising raw material costs to impact results in short term, until pricing adjusts for such costs" . Cooper Tire & Rubber -for 2017, anticipates total co operating margin to be at high end of co's previously announced mid-term target of 8 to 10 percent .Cooper Tire & Rubber Co - capital expenditures for 2017 are expected be in range of $220 to $250 million.  Full Article

COOPER TIRE & RUBBER SETS QUARTERLY DIVIDEND OF $0.105 PER SHARE
Thursday, 16 Feb 2017 11:15am EST 

Cooper Tire & Rubber Co :SETS QUARTERLY DIVIDEND OF $0.105 PER SHARE.  Full Article

Cooper Tire distribution center in Georgia sustains tornado damage
Friday, 27 Jan 2017 05:38pm EST 

Cooper Tire & Rubber Co : Distribution center leased by Cooper Tire in Albany, Georgia, sustains tornado damage; no injuries; customer orders being rerouted . Cooper Tire & Rubber Co - there were no injuries at facility, which is operated for Cooper by a third party logistics firm .Cooper Tire & Rubber Co - process to assess damages is ongoing.  Full Article

Cooper Tire & Rubber Q3 earnings per share $1.04 excluding items
Monday, 31 Oct 2016 07:00am EDT 

Cooper Tire & Rubber Co : Q3 raw material costs increased 4 percent from q2 of 2016, which was in line with company's expectations . Qtrly unit volume was approximately flat with a year ago. . Qtrly net sales decreased 4.0 percent to $751 million. . Anticipates q4 raw material costs will be up modestly from q3 . Capital expenditures, excluding impact of acquisitions, are expected to range from $180 million to $200 million for fy 2016 . Cooper tire & rubber company reports third quarter 2016 results . Q3 earnings per share $1.04 excluding items . Q3 earnings per share $0.90 . Q3 sales $751 million versus i/b/e/s view $790.9 million .Q3 earnings per share view $1.01 -- Thomson Reuters I/B/E/S.  Full Article

Cooper Tire & Rubber says appointed Bradley Hughes COO on Aug 3
Friday, 5 Aug 2016 04:45pm EDT 

Cooper Tire & Rubber Co : On August 3, board appointed Bradley Hughes as president and chief executive officer effective immediately . Hughes will no longer serve as company's senior vice president and chief operating officer Source: (http://bit.ly/2aLzipF ) Further company coverage: [CTB.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Cooper Tire & Rubber Q2 earnings per share $1.27
Thursday, 4 Aug 2016 07:00am EDT 

Cooper Tire & Rubber Co : Q2 earnings per share $1.27 . Q2 earnings per share view $1.02 -- Thomson Reuters I/B/E/S . Cooper Tire & Rubber Company reports second quarter 2016 results . Q2 sales $740 million versus i/b/e/s view $743.2 million . Q2 raw material costs increased 3 percent from q1 of 2016, in line with company's expectation . Anticipates Q3 raw material costs will be up modestly from Q2 . Unit volume growth is expected in each of company's segments in second half of 2016 . Capital expenditures, excluding impact of acquisitions, are expected to range from $210 million to $240 million for year .Expects a non-cash pension settlement charge of $14 million to $18 million in Q3 of 2016.  Full Article

Cooper Tire & Rubber sets quarterly dividend of $0.105 per share
Friday, 6 May 2016 09:15am EDT 

Cooper Tire & Rubber Co :Sets quarterly dividend of $0.105per share.  Full Article

Cooper Tire & Rubber Company says CEO Roy.V.Armes to retire
Tuesday, 23 Feb 2016 07:02am EST 

Cooper Tire & Rubber Company:Says Roy V. Armes, Chairman, Chief Executive Officer and President, intends to retire effective August 31, 2016.Board of Directors plans to elect Bradley E. Hughes as President and Chief Executive Officer effective upon Armes' retirement.Director Thomas P. Capo is expected to become Non-Executive Chairman of the Board effective upon Armes' retirement.  Full Article

Cooper Tire & Rubber Company extends and increases share repurchase program up to $200 million
Tuesday, 23 Feb 2016 07:01am EST 

Cooper Tire & Rubber Company:Extended and increased its share repurchase program by authorizing the repurchase of up to $200 million of the company's outstanding common stock through Dec. 31, 2017.Says $200 million authorization replaces the $74 million remaining on authorization from February 2015.  Full Article

Cooper Tire & Rubber Company Declares Quarterly Dividend
Friday, 19 Feb 2016 10:15am EST 

Cooper Tire & Rubber Company:quarterly dividend of 10.5 cents per share on common stock.payable March 31, 2016, to stockholders of record at the close of business March 3, 2016.  Full Article

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