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Goodyear Tire & Rubber Co (GT.O)

GT.O on Nasdaq

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22 Nov 2017
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Fri, Oct 27 2017

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Goodyear cuts 2017 forecast amid higher raw material costs

Goodyear Tire & Rubber Co , the largest U.S. tire maker, lowered its full-year forecast for the third time this year, amid weak demand and higher costs of raw materials such as oil and rubber.

UPDATE 2-Goodyear cuts 2017 forecast amid higher raw material costs

* Shares fall 6.4 pct (Adds CEO quote, details; updates shares)

BRIEF-Goodyear Tire & Rubber sees FY 2017 capital expenditures‍​ about $800 mln– $900 mln

* Sees FY 2017 capital expenditures‍​ about $800 mln– $900 mln - presentation

Goodyear profit drops 59 pct on higher raw material costs

Oct 27 Goodyear Tire & Rubber Co, the largest U.S. tire maker, reported a 59 percent drop in third-quarter profit, partly due to higher raw material costs.

BRIEF-Goodyear increases dividend on common stock 40 pct

* Goodyear Tire & Rubber Co - ‍board has approved increase in quarterly common stock dividend to 14 cents per share from 10 cents per share​ Source text for Eikon: Further company coverage:

BRIEF-Goodyear to acquire Ventech Systems from Grenzebach Maschinenbau

* Goodyear to acquire Ventech Systems from Grenzebach Maschinenbau

BRIEF-Goodyear Tire & Rubber investing $77 million in a new facility in Luxembourg

* Goodyear Tire & Rubber Company announced plans to create a new facility in Luxembourg

BRIEF-Goodyear to expand fleet management solution for semi-autonomous fleet

* Goodyear announces intelligent tire trial, expands fleet management solution for semi-autonomous fleet Source text for Eikon: Further company coverage:

BRIEF-Goodyear Tire & Rubber names Chris Delaney president of its EMEA unit​

* Chris Delaney has been named president of Goodyear's Europe, Middle East, and Africa (EMEA) business unit​

BRIEF-USW says certain Locals' members ratified new agreement with Goodyear Tire & Rubber Co

* United Steelworkers says Locals 2L, 12L, 307L, 831L, 959L members have ratified new collective bargaining agreement with Goodyear Tire & Rubber Company​

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