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Goodyear Tire & Rubber Co (GT.OQ)

GT.OQ on NASDAQ Stock Exchange Global Select Market

21.62USD
20 Jul 2018
Change (% chg)

$-0.33 (-1.50%)
Prev Close
$21.95
Open
$21.78
Day's High
$21.89
Day's Low
$21.52
Volume
660,025
Avg. Vol
909,933
52-wk High
$36.08
52-wk Low
$21.12

Latest Key Developments (Source: Significant Developments)

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

Goodyear announces pricing of $700 million of senior notes
Thursday, 2 Mar 2017 06:02pm EST 

Goodyear Tire & Rubber Co : Goodyear announces pricing of $700 million of senior notes . Goodyear tire & rubber co- priced its offering of $700 million aggregate principal amount of 10-year senior notes .Goodyear tire & rubber-notes will be offered to public at price of 100% of their principal amount and will bear interest at a rate of 4.875% per annum.  Full Article

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Goodyear profit drops on weak demand, higher raw material costs

Goodyear Tire & Rubber Co's quarterly profit dropped more than 50 percent due to weaker demand and it warned that higher raw-materials costs would weigh on the company for the remainder of the year, sending its shares down 5 percent.