|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||19.83 - 19.92|
|52 Week Range||18.08 - 21.37|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||10.63|
|Forward Dividend & Yield||0.75 (3.80%)|
|1y Target Est||37.14|
Makers of airless tires such as Japan's Bridgestone Corp. hope driverless cars will herald a breakthrough for their niche technology, which is more than a decade old but underperforms standard tires in every way except resistance to puncture. Autonomous driving - and the eventual introduction of self-driving taxis - could mean greater demand for puncture-resistant tires as greater usage of vehicles exposes them to more flat tires. "In the past, a car would be driven about 20% of the time and spend the other 80% in the garage," Atsushi Ueshima of Bridgestone said at the biennial Tokyo Motor Show on Thursday.
Harley-Davidson (HOG) puts up a stellar show in Q3, with its performance surpassing estimates on the back of higher-than-expected sales.
Moody's Japan K.K. has affirmed Bridgestone Corporation's (Bridgestone) A2 issuer rating. At the same time, Moody's has affirmed the Prime-1 rating on the US commercial paper program issued by Bridgestone's wholly-owned overseas subsidiary, Bridgestone Americas, Inc.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of American Tire Distributors, Inc. (New) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Navistar's (NAV) latest investment anticipated to create additional job opportunities as well as back the company's plans to manufacture next-generation big-bore powertrains.
Robust sales of Class 6-8 trucks and buses along with improving market share drive Navistar (NAV). However, tough current market condition is concerning.
Navistar's (NAV) revenues rise in second-quarter fiscal 2019 on robust sales volume of Class 6-8 trucks and buses in the United States and Canada.
The Finnish government's investment arm has spent around 205 million euros (175.39 million pounds) to buy a 5.1 percent stake in Finnish tyre maker Nokian Tyres, it said on Tuesday. Investment arm Solidium paid around 29.3 euros per share as it acquired seven million shares in the company. The move came after Japan's Bridgestone, previously Nokian Tyres' largest stakeholder, reduced its ownership in the Finnish company, leaving it vulnerable to stakebuilding by other groups.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Bridgestone Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Annual EPS Bridgestone Corporation missed Wall Street's consensus expectations for its annual earnings per share (EPS) of SEN (Yen) 401.86 or $3.55 by over 3 percent. (All values will be converted to U.S. ...
Bridgestone (BRDCY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Weakening automotive manufacturing in China is expected to hurt Johnson Controls' (JCI) power solutions segment that delivers roughly 154 million battery units annually.
Moody's Investors Service ("Moody's") assigned new ratings for American Tire Distributors, Inc. (New) ("American Tire"), including a Caa1 Corporate Family Rating (CFR) and a Caa1-PD Probability of Default Rating. "We believe American Tire's post-emergent balance sheet remains highly levered, with a heavy debt service burden and only marginally adequate liquidity provisions which combined limit the company's financial flexibility," noted Inna Bodeck, Moody's lead analyst for the company.
The lack of affordable and low-cost truck models in the portfolio impels Fiat Chrysler (FCAU) to consider alliances to develop mid-sized pickup trucks for markets outside the United States.
Fiat Chrysler (FCAU) announces a recall of 1.6 million vehicles to change Takata airbag inflators. The recall consists of vehicles of the model year 2010 through 2016.