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Tires and Rubber

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  • FACTBOX-Tire rubber from dandelions Wednesday, 20 Aug 2014 | 3:30 AM ET

    Aug 20- Tire makers such as Bridgestone Corp and Continental AG are spending millions of dollars on the development of new rubber-yielding crops such as dandelions to reduce their reliance on rubber-tree plantations in Southeast Asia. Here are key facts about the rubber trade and the research into new sources of natural rubber.

  • FEATURE-Tyre makers race to turn dandelions into rubber Wednesday, 20 Aug 2014 | 3:30 AM ET

    *Dandelion native to Kazakhstan yields tyre-grade rubber. MUENSTER, Germany, Aug 20- Dutch biologist Ingrid van der Meer often meets with disbelief when she talks about her work on dandelions and how it could secure the future of road transport.

  • Ebola panic may give these stocks a fillip Wednesday, 13 Aug 2014 | 6:35 PM ET

    Shares of Malaysia's latex glove makers have had a tough year so far, but some analysts expect panic over Africa's Ebola outbreak may spur gains.

  • *Afren suspends output from Kurdistan, shares weaken. *Nokian Renkaat hit by plummeting sales in Russia. Tensions between the West and Russia and the advance of Sunni militants in Iraq have alarmed investors already weighing the implications of weak European economic data and the prospect of U.S. monetary tightening.

  • *Afren suspends output from Kurdistan, shares weaken. *Nokian Renkaat hit by plummeting sales in Russia. London- listed oil producer Afren said it had suspended output at its Barda Rash oilfield, the first to shut in Iraqi Kurdistan.

  • European shares weaken on concerns over Iraq Friday, 8 Aug 2014 | 8:00 AM ET

    *Afren suspends output from Kurdistan, shares weaken. *Nokian Renkaat hit by plummeting sales in Russia. President Barack Obama authorized air strikes in Iraq.

  • *Afren sinks after suspends output from Kurdistan. *Nokian Renkaat hit by plummeting sales in Russia. *Monte dei Paschi falls after results.

  • PARIS, Aug 1- European stocks fell on Friday for the third straight session in brisk trade, with a broad index hitting a 3-1/ 2 month low as tension between Russia and the West as well as concerns around losses at Banco Espirito Santo gnawed at sentiment.

  • Continental 'outgrowing its market': CFO  Thursday, 31 Jul 2014 | 4:30 AM ET

    Wolfgang Schaefer, CFO at Continental AG, comments on the company's results and outlook, and discusses the impact the strong euro has had on the group's profitability.

  • July 30- Goodyear Tire& Rubber Co, the biggest U.S. tire maker, reported lower-than-expected quarterly revenue as it sold fewer tires to vehicle makers in North America and Latin America. Goodyear shares fell as much as 8.8 percent $25.22, their biggest intraday percentage decline in nearly two years.

  • July 30- Goodyear Tire& Rubber Co, the biggest U.S. tire maker, reported lower-than-expected quarterly revenue as it sold fewer tires to automakers in North America and Latin America. Total replacement tire shipments, however, rose 6 percent, Goodyear said. Excluding items, Goodyear earned 80 cents per share.

  • Goodyear Tire profit up 18 pct Wednesday, 30 Jul 2014 | 8:41 AM ET

    July 30- Goodyear Tire& Rubber Co, the biggest U.S. tire maker, reported a higher quarterly profit on increased demand for replacement tires. Net income available to the company's shareholders increased about 18 percent to $213 million, or 76 cents per share, in the second quarter ended June 30, from $181 million, or 67 cents per share, a year earlier.

  • Strong euro has consequences for Michelin: CEO  Tuesday, 29 Jul 2014 | 4:10 AM ET

    Jean-Dominique Sénard, CEO of Michelin, comments on the group's Russian operations and says Europe needs to be more competitive to deal with moves in the euro currency.

  • PARIS, July 29- French tyre maker Michelin's first-half net profit rose 13 percent to 624 million euros despite a fall in revenue as lower raw material costs outweighed adverse currency effects, price cuts and slowing demand for big tyres.

  • Euro is a challenge: Continental CEO  Thursday, 6 Mar 2014 | 4:30 AM ET

    Elmar Degenhart, Continental CEO, says the group is optimistic on North America and Asia but expects currency headwinds to remain strong in 2014.

  • Currency volatility 'hard' on Michelin: CEO  Tuesday, 11 Feb 2014 | 1:20 AM ET

    Marc Henry, CEO of Michelin, comments on the group's results which were boosted by a pick-up in demand in U.S. and Europe but suffered from currency headwinds.

  • Michelin builds plants where it sells: Regional head  Thursday, 12 Dec 2013 | 5:40 AM ET

    Pete Selleck, chairman and president of Michelin North America, explains why the group has decided to open its ninth plant in South Carolina and its strategy behind new facilities.

  • Wolfgang Schafer, Continental's CFO, discusses the impact the strong euro had on the group's results and says the European car market is stabilizing, albeit "on low volumes."

  • Europe needs a common policy: Pirelli Head Wednesday, 6 Nov 2013 | 11:58 AM ET

    The CEO of Pirelli, Marco Tronchetti Provera, said that Europe needed a "common policy" to boost its economy.

  • Pirelli has 'all the tools to deliver': Chairman  Wednesday, 6 Nov 2013 | 11:00 AM ET

    Marco Tronchetti Provera, chairman at Pirelli Group, comments on the group's performance and says it has "all the tools to deliver," including new products and efficiency measures.