|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||20.32 - 20.68|
|52 Week Range||17.21 - 22.15|
|Beta (5Y Monthly)||0.50|
|PE Ratio (TTM)||11.53|
|Forward Dividend & Yield||0.68 (3.31%)|
|Ex-Dividend Date||Jun 29, 2023|
|1y Target Est||22.87|
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Bridgestone will take over from Hankook as the sole supplier of tyres to the all-electric Formula E world championship from 2026, the governing FIA said on Wednesday. The move will be the first time the Japanese manufacturer has supplied a single-seater world championship since leaving Formula One at the end of 2010. South Korea's Hankook will become the official supplier of the world rally championship, replacing Pirelli, on a three-year contract from 2025.
The 13 largest U.S. tire manufacturers are facing a lawsuit from a pair of California commercial fishing organizations that could force the companies to stop using a chemical added to almost every tire because it kills migrating salmon. “This is the biggest environmental disaster that the world doesn’t quite know about yet,” said Elizabeth Forsyth, an attorney with the environmental law firm Earthjustice, which is representing the fishing groups. The Institute for Fisheries Resources and the Pacific Coast Federation of Fishermen’s Associations filed the lawsuit in U.S. District Court in San Francisco on Wednesday against Goodyear, Bridgestone, Continental and others.
FreightWaves’ Innovation Alley at the Future of Supply Chain event featured FreightTech demos from Ezlogz and Bridgestone Mobility Solutions/Azuga. The post Innovation Alley demos focus on AI chatbots, fleet mobility solutions appeared first on FreightWaves.