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Tires & Rubber Products

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Michelin North America says company wins defense verdict in $80 mln rollover accident suit in Florida

Friday, 26 Aug 2016 09:41am EDT

Michelin North America:Michelin wins unanimous defense verdict in $80 million rollover accident suit in Florida.

Eastern Treads says M. E. Mohamed resigns as managing director

Friday, 26 Aug 2016 08:58am EDT

Eastern Treads Ltd : M. E. Mohamed, has vacated his office as the managing director .

Omskshina H1 net profit down at RUB 3.5 million

Friday, 26 Aug 2016 03:48am EDT

Omskshina : H1 profit for period 3.5 million roubles ($54,017.10) versus 5.2 million roubles year ago .H1 revenue 4.83 billion roubles versus 3.84 billion roubles year ago.

Greatoo Intelligent Equipment adjusts purchase price for stake in OPS

Tuesday, 23 Aug 2016 05:20am EDT

Greatoo Intelligent Equipment Inc <002031.SZ> :Says it adjusts purchase price for 21.32 percent stake in OPS (OPS-INGERSOLL Funkenerosion GmbH) to no more than 12 million euro from 10 million euro previously.

Shandong Linglong Tyre's H1 net profit up 1,379.0 pct

Tuesday, 23 Aug 2016 04:00am EDT

Shandong Linglong Tyre Co Ltd <601966.SS> :Says H1 net profit up 1,379.0 percent y/y at 556.7 million yuan ($83.82 million).

Xingda International issues profit warning<1899.HK>

Monday, 22 Aug 2016 08:21am EDT

Xingda International Holdings Ltd <1899.HK>: Profit warning <1899.HK> . Expected to record a decline in the net profit attributable to the owners of the company for the six months ended 30 June 2016 for more than 40% . Expected result attributable to the one-off net gain on disposal of available-for-sale investment of approximately RMB111.9 million .

Semperit Holding H1 EBIT stable at EUR 36.2 million

Thursday, 18 Aug 2016 01:34am EDT

Semperit Holding AG : H1 EBIT was stable in comparison with previous year at 36.2 million euros ($40.93 million) (after 36.2 million euros) . Expects no significant changes of market conditions for second half of 2016 . Capital investments (capex) of approximately 60 million euros are planned for 2016 . Group revenue amounted to 438.7 million euros in first half of 2016 and was slightly below previous year's figure of 450.8 million euros . H1 improved group's EBITDA by 4.8 pct to 52.8 million euros (after 50.3 million euros) . From current perspective, Semperit group is not capable of achieving operational results of 2015 due to unsatisfactory income contribution of Sempermed segment .Enerated earnings after taxes amounting to 17.9 million euros (after 25.3 million euros) in first half of 2016.

Ta Yang enters placing agreement<1991.HK>

Monday, 15 Aug 2016 08:01pm EDT

Ta Yang Group Holdings Ltd <1991.HK>: On 16 August 2016, the company and the placing agent entered into the placing agreement . Says gross proceeds and net proceeds from the placing will be approximately HK$113.3 million and HK$111.9 million . company has conditionally agreed to place up to 86.5 million placing shares through zhongtai international securities .

Sri Trang Agro Industry says qtrly net profit 801.5 mln baht

Monday, 15 Aug 2016 06:11am EDT

Sri Trang Agro Industry PCL : Qtrly net profit 801.5 million baht versus 518.1 million baht .

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