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DETROIT, Feb 14- Goodyear Tire& Rubber Co has moved to end its global alliance with Sumitomo Rubber Industries Ltd, citing the Japanese tire maker's "anticompetitive conduct." Goodyear said on Thursday that it began arbitration proceedings last month to end the alliance, as well as seeking damages and other relief.
*Cisco falls after results, but tech sector rises. NEW YORK, Feb 13- U.S. stocks closed higher on Thursday, with the Nasdaq rising for a sixth straight day, as investors looked past disappointing data on consumer spending, chalking the weakness up to weather instead of weaker fundamentals.
*Cisco falls after results, but tech sector rises. NEW YORK, Feb 13- U.S. stocks advanced on Thursday, putting the Nasdaq on track for a sixth straight day of gains as investors looked past disappointing data on consumer spending, chalking the weakness up to weather instead of weaker fundamentals.
Feb 13- Goodyear Tire& Rubber Co, one of the world's largest tire companies, posted a higher-than-expected fourth-quarter profit on Thursday and said it had fully funded its hourly U.S. pension plan, sending its shares up as much as 7.6 percent. Goodyear funded its U.S. plan with $1.15 billion in cash.
Feb 13- Goodyear Tire& Rubber Co, one of the world's largest tire companies, reported higher-than-expected fourth-quarter profit on Thursday, even as revenue slumped 5 percent and fell short of expectations. Excluding one-time items, Goodyear had an adjusted profit of 74 cents per share.
The Fed chair's first testimony before Congress is the big event for markets in the week ahead, as traders sift through economic data.
This is Talking Squawk, the official "Squawk Box" blog, providing tidbits, insights and some sarcastic reflections.
NEW YORK, Jan 24- Corporate America is rapidly healing one of the last wounds suffered in the 2008 financial crisis.
LILLE, France, Jan 22- Workers who took two executives hostage at France's Goodyear tyre plant earlier in January are set to end an occupation of their doomed factory after a redundancy payoff deal, labour union officials said on Wednesday.
Jan 16- Goodyear Tire& Rubber Co has won the dismissal of a U.S. lawsuit by French workers trying to save their jobs by blocking the closure of a tire manufacturing plant in the northern city of Amiens Nord.
PARIS, Jan 7- French trade unionists released two executives on Tuesday after holding them for more than 24 hours at the country's Goodyear tyre plant to demand higher pay-outs for more than a thousand planned layoffs. Goodyear did not immediately respond to a request for comment.
CNBC's Stephane Pedrazzi reports workers at a Goodyear plant in France have set fire to very expensive tires in protest of a factory shutdown.
CNBC's Stephane Pedrazzi reports workers at a Goodyear plant in France held managers captive over a potential factory shutdown.
PARIS, Jan 7- French trade unionists held two executives overnight on Tuesday at the country's Goodyear tyre plant- a flashpoint for France's troubled industrial relations- to demand higher pay-outs for more than a thousand planned layoffs.
U.S. Treasury Secretary Jack Lew has renewed calls for Europe to pursue growth-boosting policies rather than austerity in a conference in Paris.
Disgruntled workers at a Goodyear factory in northern France detained two of their bosses Monday by barricading a meeting room door with a large tire, their union said. CNBC's Stephane Pedrazzi is at the scene.
Three picks promise strong returns for the coming year, Lyrical Asset Management's Andrew Wellington says.
CARACAS, Nov 14- Venezuela's socialist government has arrested more than 100 "bourgeois" businessmen in a crackdown on alleged price-gouging at hundreds of shops and companies since the weekend, President Nicolas Maduro said on Thursday.
NEW YORK, Nov 6- Not long ago, Kathleen Gaffney was considered the obvious successor to bond guru Dan Fuss, with whom she co-managed the $21.9 billion Loomis Sayles Bond fund for nearly 20 years.
Take a look at some of Tuesday's midday movers: