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Goodyear Tire & Rubber Co (GT.OQ)

GT.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Goodyear CEO Says Will Take Time To Pass Through Raw Material Costs - Morgan Stanley Conf
Friday, 14 Sep 2018 12:41pm EDT 

Sept 14 (Reuters) - Goodyear Tire & Rubber Co ::GOODYEAR CEO RICHARD KRAMER SAYS WILL TAKE TIME FOR US TO PASS THROUGH RAW MATERIAL COSTS, BUT WE CAN DO THAT AS WE LOOK AHEAD - MORGAN STANLEY CONF.GOODYEAR CEO RICHARD KRAMER SAYS AS WE LOOK AHEAD AND AS WE'VE ANNOUNCED AND IMPLEMENTED PRICE INCREASE AS OF SEPT 1, WE SAW A LITTLE BIT OF PRE-BUY IN AUGUST.GOODYEAR CEO RICHARD KRAMER SAYS EXPECT ABOUT $80 MILLION IN HEADWIND FROM RAW MATERIALS IN Q4, SAME THING IN Q1 AND Q2 NEXT YEAR.GOODYEAR SAYS EXPECT RAW MATERIALS HEADWIND IN 2019 TO BE OFFSET BY GOOD DEMAND FOR LARGE-RIM DIAMETER TIRES, BENEFITS FROM TIREHUB AND PRICE INCREASES.GOODYEAR CEO RICHARD KRAMER SAYS DON'T SEE SUPPLY OUTSTRIPPING DEMAND FOR LARGER DIAMETERS TIRES IN THE NEAR TERM.  Full Article

Goodyear Tire & Rubber Says CEO Kramer's FY 2017 Total Compensation Was $10.8 Mln Vs $19.8 Mln In FY 2016
Friday, 9 Mar 2018 08:46am EST 

March 9 (Reuters) - Goodyear Tire & Rubber Co ::GOODYEAR TIRE & RUBBER CO SAYS CEO RICHARD KRAMER'S FY 2017 TOTAL COMPENSATION WAS $10.8 MILLION VERSUS $19.8 MILLION IN FY 2016.  Full Article

Goodyear Tire Expects Strong Demand In Replacement Businesses
Thursday, 8 Feb 2018 07:30am EST 

Feb 8 (Reuters) - Goodyear Tire & Rubber Co ::CONTINUE TO EXPECT STRONG DEMAND IN REPLACEMENT BUSINESSES, SPECIFICALLY IN LARGER RIM SIZES - CEO ON CONF CALL‍​.SEES TIRE VOLUME GROWTH OF ABOUT 3 PERCENT FOR 2018 - CONF CALL‍​.SEES 2018 RAW MATERIAL COSTS TO BE ABOUT FLAT, WITH ABOUT $105 MILLION NET HEADWIND IN Q1 - CONF CALL‍​.SEES VOLUME ABOUT FLAT IN Q1 DRIVEN BY DECLINES IN OE IN THE U.S. AND IN EMEA - CONF CALL‍​.GOODYEAR -"LOOKING AHEAD IN AN ENVIRONMENT WHERE RAW MATERIALS ARE INCREASING, OUR EXPECTATION IS THAT WE WILL ALSO OFFSET THOSE HEADWINDS WITH PRICE" ‍​.  Full Article

Goodyear Posts Q4 Adjusted Earnings Per Share $0.99
Thursday, 8 Feb 2018 07:15am EST 

Feb 8 (Reuters) - Goodyear Tire & Rubber Co ::GOODYEAR REPORTS FOURTH QUARTER, FULL-YEAR 2017 RESULTS; COMPANY OUTLINES FINANCIAL TARGETS, CAPITAL ALLOCATION PLAN.Q4 ADJUSTED EARNINGS PER SHARE $0.99.Q4 SALES ROSE 9 PERCENT TO $4.1 BILLION.Q4 LOSS PER SHARE $0.39.‍OUTLINES FINANCIAL TARGETS, CAPITAL ALLOCATION PLAN​.QTRLY TIRE UNIT VOLUMES TOTALED 42 MILLION, UP 2 PERCENT FROM 2016.‍EXPECTS ITS FULL-YEAR 2018 SEGMENT OPERATING INCOME TO BE BETWEEN $1.8 AND $1.9 BILLION​.‍SEGMENT OPERATING INCOME TARGET IN 2020 OF $2.0 TO $2.4 BILLION​.‍FOURTH-QUARTER RESULTS WERE DRIVEN BY PERFORMANCE IN 17-INCH-AND-LARGER SEGMENT IN CONSUMER REPLACEMENT​.REPORTED NET LOSS IN QUARTER, WAS DRIVEN BY A $299 MILLION ONE-TIME, NON-CASH TAX CHARGE RELATED TO U.S. TAX REFORM.Q4 REVENUE VIEW $3.96 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Goodyear Tire & Rubber sees FY 2017 capital expenditures‍​ about $800 mln– $900 mln
Friday, 27 Oct 2017 08:45am EDT 

Oct 27 (Reuters) - Goodyear Tire & Rubber Co :Sees FY 2017 capital expenditures‍​ about $800 mln– $900 mln - presentation.Sees FY 2017 restructuring payments about $225 mln - presentation.  Full Article

Goodyear to acquire Ventech Systems from Grenzebach Maschinenbau
Wednesday, 20 Sep 2017 03:30am EDT 

Sept 20 (Reuters) - Goodyear Tire & Rubber Co - :Goodyear to acquire Ventech Systems from Grenzebach Maschinenbau.Goodyear Tire & Rubber - Transaction expected to close in Q4; business & technology will be integrated into company's Goodyear Proactive Solutions business.  Full Article

Goodyear Tire & Rubber names Chris Delaney president of its EMEA unit​
Thursday, 7 Sep 2017 10:15am EDT 

Sept 7 (Reuters) - Goodyear Tire & Rubber Co ::Chris Delaney has been named president of Goodyear's Europe, Middle East, and Africa (EMEA) business unit​.‍Ryan Patterson has been named to succeed Delaney as President of Goodyear's Asia Pacific business unit​.‍Scott Rogers has been named to succeed Patterson as president, North America consumer​.  Full Article

USW says certain Locals' members ratified new agreement with Goodyear Tire & Rubber Co
Thursday, 24 Aug 2017 12:17pm EDT 

Aug 24 (Reuters) - United Steelworkers::United Steelworkers says Locals 2L, 12L, 307L, 831L, 959L members have ratified new collective bargaining agreement with Goodyear Tire & Rubber Company​.Newly ratified agreement will expire at 6 p.m. on July 29, 2022​.Members ratified the agreement on behalf of about 7,200 workers at Goodyear Tire & Rubber Company's plants​.  Full Article

Goodyear Tire sees Q3 tire unit volume down about 3 pct
Friday, 28 Jul 2017 09:53am EDT 

July 28 (Reuters) - Goodyear Tire & Rubber Co ::Volume in April was significantly worse than expected mainly due to timing of announced price increases - conf call.At current prices, raw materials will be a significant tailwind in 2018 as well - CEO on conf call.Sees Q3 tire unit volume down about 3 percent - conf call.Sees Q4 tire unit volume up about 3 percent driven by OE in China - conf call.  Full Article

Goodyear Tire & Rubber sets quarterly dividend of $0.10 per share
Tuesday, 11 Apr 2017 08:45am EDT 

Goodyear Tire & Rubber Co :Sets quarterly dividend of $0.10per share.  Full Article