Cooper Tire & Rubber Co (CTB)
8 Dec 2016
* Q3 raw material costs increased 4 percent from q2 of 2016, which was in line with company's expectations
A Boston-based real estate entrepreneur was convicted on Monday of engaging in insider trading with two friends after learning of India-based Apollo Tyres Ltd's planned attempt to buy Cooper Tire & Rubber Co in 2013.
Oct 17 A Boston-based real estate entrepreneur was convicted on Monday of engaging in insider trading with two friends after learning of India-based Apollo Tyres Ltd's planned attempt to buy Cooper Tire & Rubber Co in 2013.
A federal appeals court has declined to revive a shareholder lawsuit accusing Cooper Tire & Rubber of securities fraud over an aborted merger with Apollo Tyres, rejecting claims that a lower court mismanaged arguments over a motion to dismiss.
* On August 3, board appointed Bradley Hughes as president and chief executive officer effective immediately
* Q2 earnings per share view $1.02 -- Thomson Reuters I/B/E/S
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