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Cooper Tire & Rubber Co (CTB)

CTB on New York Consolidated

39.00USD
9 Dec 2016
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Latest Key Developments (Source: Significant Developments)

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

Cooper Tire & Rubber Co to acquire majority interest in China JV
Wednesday, 6 Jan 2016 07:00am EST 

Cooper Tire & Rubber Co:To acquire majority interest in China joint venture for truck and bus radial (tbr) tire production.Says deal valued at $93 million.Says Cooper will own 65 percent of the entity.Says to purchase a majority of China-based Qingdao GE rui da rubber co., ltd.  Full Article

Cooper Tire & Rubber Co declares quarterly dividend
Wednesday, 5 Aug 2015 12:30pm EDT 

Cooper Tire & Rubber Co:Declares quarterly dividend of 10.5 cents per share.Payable Sept. 28, to stockholders of record at the close of business Sept. 3.  Full Article

Cooper Tire and Rubber enters into credit agreement for $400 mln revolving credit facility - Form 8-K
Monday, 1 Jun 2015 02:53pm EDT 

Cooper Tire & Rubber Co:Says on May 27 company entered into a credit agreement with JPMorgan Chase Bank, NA.Credit agreement provides for a $400 million revolving credit facility maturing on May 27, 2020.Says revolving credit facility includes a $110 million letter of credit subfacility.  Full Article

BRIEF-Cooper Tire & Rubber Q3 earnings per share $1.04 excluding items

* Q3 raw material costs increased 4 percent from q2 of 2016, which was in line with company's expectations