25.03 -0.16 (-0.64%)
After hours: 5:09PM EDT
|Bid||25.02 x 800|
|Ask||25.66 x 1200|
|Day's Range||25.07 - 25.37|
|52 Week Range||24.64 - 36.52|
|PE Ratio (TTM)||18.39|
|Earnings Date||Jul 26, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||0.56 (2.20%)|
|1y Target Est||33.25|
Moody's America Latina announced today that the proposed extension of the revolving period, the amendment to clarify the transaction eligible investments and the reduction of Euler Hermes Seguros de Crédito S.A. (Euler Hermes) insurance policy maximum indemnification amount to BRL104 million from BRL160 million would not, in and of themselves and as of this time, result in a change or withdrawal of the rating assigned to the senior shares of FIDC Mercantis Auto Peças.
AKRON, Ohio, May 24, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company (GT) was recognized by Subaru of Indiana Automotive, Inc. (SIA) with the Excellent Performance Award as an exceptional parts and delivery supplier. "Goodyear and Subaru share a mutual commitment to delivering the highest level of performance and excellence to our customers," said Steve McClellan, president, Goodyear Americas.
Moody's Investors Service has upgraded to Aa3 from A1 Maricopa County School District 44 (Avondale Elementary), AZ's General Obligation (GO) rating. The Aa3 rating also considers the district's below average socioeconomic profile, history of declining enrollment that is expected to stabilize in the near term, average debt burden and pension liability.
In a decade of disruption and bankruptcy in the U.S. auto industry, American Tire Distributors Inc. seemed to be a relative picture of calm. The sprawling company is suddenly struggling to repair investor confidence. With ATD’s bonds trading at less than half of face value, Moody’s Investors Service predicts it may ultimately need to restructure its $1.8 billion of debt.
Moody's Investors Service, ("Moody's") confirmed Dealer Tire, LLC's (Dealer Tire) existing ratings including its B1 Corporate Family Rating (CFR) and B1 senior secured credit facility ratings. Moody's also assigned a B1 rating to Dealer Tire's upsized revolving credit facility to expire in January, 2021.
LONDON, UK / ACCESSWIRE / May 15, 2018 / If you want access to our free earnings report on The Goodyear Tire & Rubber Co. (NASDAQ: GT) ("Goodyear"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=GT. The Company reported its first quarter fiscal 2018 operating and financial results on April 25, 2018. The Company reiterated its guidance for FY18.
Goodyear recently said it also formed a joint venture with Bridgestone Americas Inc. to distribute their own tires. American Tire Distributors’ bonds have already suffered big losses on the Goodyear announcement. The company’s senior subordinated notes have shed over 54 points since April 16, the day Goodyear announced the joint venture with Bridgestone, to 48 cents on the dollar on Monday, according to MarketAxess.
"While the value proposition afforded by ATDI's extensive distribution network and replacement tire assortment remains intact, we anticipate a material loss of business that will not be easily replaced," said Inna Bodeck, Moody's lead analyst covering the company.
AKRON, Ohio, May 10, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company's (GT) world-famous blimp, Wingfoot One, is coming to the Tampa Bay AirFest, which will take place this weekend at MacDill Airforce Base. Joining Wingfoot One for the May 12-13 event will be aerobatic champion Michael Goulian, who will dazzle attendees with breathtaking displays of precision airmanship. Launched in 2014, Wingfoot One is the first of a new generation of Goodyear blimps, which includes sister vessel, Wingfoot Two, and a third blimp coming this summer.
AKRON, Ohio, May 9, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company (GT) was recognized by Honda North America with its prestigious Supplier Sustainability Award for demonstrating an exceptional commitment to social and environmental responsibility. Goodyear was Honda's only North American Original Equipment Supplier to earn this distinction, out of more than 500 suppliers. As a part of the award process, Honda visited Goodyear's Lawton, Oklahoma, facility to see firsthand how these efforts are being implemented.
On CNBC's "Mad Money Lightning Round" , Jim Cramer said he wouldn't buy Goodyear Tire & Rubber Co (NASDAQ: GT ). He thinks there's nothing there. Cramer doesn't want to go down the food chain ...
Moody's Investors Service has assigned a Aa3 rating to the City of Goodyear, Arizona's $34.9 million McDowell Road Commercial Corridor Improvement District Refunding Bonds, Series 2018 and $1.25 million Certificates of Ownership of Supplemental Interest Payments Pertaining to the Bonds. The Aa3 rating on Goodyear's McDowell Road Commercial Corridor Improvement District Improvement reflects the city's general credit characteristics, as well as the legal security of the bonds and the maturity of the improvement district area. The improvement bonds are secured by special assessments that are levied and collected by the city on properties within the improvement district, which are subordinate only to the lien for general property taxes.
Goodyear Tire & Rubber (GT), which is an American multinational tire manufacturing company, was among the S&P 500’s top losses on April 25. After pulling back last week, Goodyear Tire & Rubber started this week on a weaker note and declined as the week progressed. On Wednesday, Goodyear Tire & Rubber opened the day lower and declined to the lowest levels traded since July 2016.
The S&P 500’s top losses on April 25 were: TripAdvisor (TRIP) declined 8.5%. Goodyear Tire & Rubber (GT) declined 5.1%. Capital One Financial (COF) declined 4.8%. Freeport-McMoRan (FCX) declined 4.4%. General Electric (GE) declined 4.3%. TripAdvisor
The latest on developments in financial markets (all times local): 4 p.m. It was a mixed finish on Wall Street as large-company stocks eked out modest gains but smaller ones ended lower after a wobbly ...
Goodyear Tire & Rubber Co notes that net income reported in the first quarter of 2018 was $75 million. Operating income reported by Goodyear Tire & Rubber Co for the first quarter of the year was $281 million. This is also down from the tire company’s operating income of $390 million reported during the same time last year.
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. The tiremaker said it expects second quarter earnings to be reduced by about $65 million from last year, partly because of the raw-materials costs. The forecast was "indicative of pricing pressure we've observed in the market recently," Longbow Research analyst Anthony Deem said, adding that the company was having a tough time setting prices high enough to offset raw material costs.
On a per-share basis, the Akron, Ohio-based company said it had profit of 31 cents. Earnings, adjusted for non-recurring costs, came to 50 cents per share. The results topped Wall Street expectations. ...
U.S. tiremaker Goodyear Tire & Rubber Co's quarterly profit more than halved on Wednesday, hit by higher raw materials-related costs and weaker demand. The company's net income fell to $75 million, or ...