Cooper Tire & Rubber Co (CTB.N)
9 Dec 2013
|Market Cap (Mil.):||$1,533.78|
|Shares Outstanding (Mil.):||65.27|
- Cooper Tire & Rubber Co will make a last-ditch effort to save its sale to Apollo Tires Ltd on December 19, as it seeks a ruling from Delaware Supreme Court that could force the Indian company to complete their proposed $2.3 billion merger.
- India's Apollo Tyres Ltd on Monday reported a fall in second-quarter revenue from its home market, underscoring the need to complete the acquisition of U.S. company Cooper Tire & Rubber Co to diversify overseas.
* Cooper suing Apollo for failing to complete deal by Oct. 4 (Adds details)
* Judge does not find Apollo suffering from buyer's remorse
- Apollo Tires Ltd did not breach its obligation to close its $2.5 billion buyout of Cooper Tire & Rubber Co last month as originally agreed, a Delaware judge ruled on Friday.
* Judge clears the way for appeal to Delaware Supreme Court
- Apollo Tires Ltd did not breach its obligation to try to negotiate with unions in its failed deal with Cooper Tire & Rubber Co, a Delaware judge said on Friday, according to a person attending the hearing.
WILMINGTON, Delaware - Cooper Tire & Rubber Co's partner in a Chinese joint venture was exploring a bid for the fourth-largest U.S. tire maker when Cooper struck a deal with an Indian suitor, Cooper's chief executive told a court on Tuesday.
WILMINGTON, Del., Nov 5 - Cooper Tire & Rubber Co's partner in a Chinese joint venture was exploring a bid for the fourth-largest U.S. tire maker when Cooper struck a deal with an Indian suitor, Cooper's chief executive told a court on Tuesday.
- Cooper Tire & Rubber Co said it reached a tentative agreement with workers represented by United Steelworkers union as part of its push to close its planned $2.5 billion sale to India's Apollo Tyres Ltd .
|Bridgestone Corp (5108.T)||¥3,740||-50.00|
|The Goodyear Tire & Rubber Company (GT.OQ)||$22.46||+0.01|
|Toyo Tire & Rubber Co., Ltd. (5105.T)||¥609||-7.00|
|Pirelli & C. SpA (PECI.MI)||€11.21||-0.11|
|Pirelli & C. SpA (PECIn.MI)||€8.45||+0.02|
|China Enterprises Limited (CSHEF.PK)||$0.31||+0.01|
|Amerityre Corp (AMTY.PK)||$0.07||-0.01|
|Compagnie Gnrl des Etblsmnts Mchln SCA (MICP.PA)||€76.22||+0.27|
Earnings vs. Estimates
Analyst Research Reports
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Cooper Tire & Rubber Co: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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Validea Guru Analysis Report for CTB. Analysis using Validea's interpretation of the published quantitative strategies of well-known Wall Street experts including Peter Lynch, Warren Buffett, Ben Graham and Ken Fisher, among others.