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The Goodyear Tire & Rubber Co

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  • Merck Sees $200 Million Hit to 2013 Results on Venezuela Wednesday, 13 Feb 2013 | 9:05 AM ET

    Drugmaker Merck said Wednesday that the devaluation of Venezuela's currency will reduce its net income by about $200 million this year.

  • State of the Union May Well Set Tone for Budget Talks Tuesday, 12 Feb 2013 | 6:05 AM ET
    Barack Obama

    President Barack Obama's State of the Union speech Tuesday could drive market focus straight to the next skirmish in the budget and deficit battle with Congress, depending on his tone.

  • Early Movers: IR, IN, AAPL & More Monday, 10 Dec 2012 | 8:02 AM ET

    Some of the names on the move ahead of the open.

  • US STOCKS-Wall St slips as sour Apple results weigh Friday, 26 Oct 2012 | 6:06 PM ET

    NEW YORK, Oct 26- U.S. stocks edged lower on Friday, as investors fretted about Apple's weaker-than-expected results- the latest in a string of lackluster earnings- and signs that economic growth is still not strong enough to make a significant reduction in unemployment. Apple's stock lost 1.4 percent to $601.18.

  • News Summary: Commodities continue weeklong slide Friday, 26 Oct 2012 | 5:05 PM ET

    MORE DECLINES: Commodities prices were broadly lower on the latest weak signals for the U.S. economy: more poor earnings reports from major companies like Goodyear, and only tepid growth in GDP in the third quarter. METALS SLIDE: Gold fell $1.10 to settle at $1,711.90 an ounce, silver fell 4.20 cents to $32.036 an ounce and palladium fell $9.10 to $595.40 an ounce.

  • Goodyear, DeVry, Deckers are market movers Friday, 26 Oct 2012 | 5:04 PM ET

    NEW YORK-- Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:. Arch Coal Inc., up 78 cents at $8.09. Goodyear Tire& Rubber Co., down $1.28 at $11.02.

  • US STOCKS-Wall St falls on sour Apple results Friday, 26 Oct 2012 | 4:35 PM ET

    *Dow off 0.3 pct, S&P 500 off 0.5 pct, Nasdaq off 0.6 pct. NEW YORK, Oct 26- U.S. stocks fell on Friday, as investors fretted about Apple's weaker-than-expected results- the latest in a string of lackluster earnings- and signs that economic growth is still not strong enough to make a significant reduction in unemployment.

  • A weak finish for stocks as earnings news weighs Friday, 26 Oct 2012 | 4:09 PM ET

    Stocks are closing mostly lower after another batch of weak earnings reports weighs on the market. Poor earnings from Goodyear, Verisign, Interpublic and other companies disappointed investors. Three stocks fell for every two that rose on the New York Stock Exchange.

  • Commodities prices continue a weeklong slide Friday, 26 Oct 2012 | 3:37 PM ET

    Stocks were weak for most of the day following poor results from Goodyear Tire, Interpublic and other companies. December silver fell 4.20 cents to $32.036 an ounce and December palladium fell $9.10 to $595.40 an ounce. In energy trading, benchmark oil rose 23 cents to end at $86.28 per barrel in New York.

  • *Arch Coal surges after results. ``The fact that this was a two percent GDP number is still pathetic in the overall scheme of life- we ought to be growing at four percent, not two percent,'' said Phil Orlando, chief equity market strategist, at Federated Investors, in New York.

  • News Summary: Goodyear shares fall on 3Q results Friday, 26 Oct 2012 | 2:54 PM ET

    FLAT TIRES: Goodyear Tire& Rubber Co. reported its third-quarter net income fell 32 percent to $110 million, or 41 cents per share, while revenue dropped 13 percent to $5.26 billion. THE REASON: The Akron, Ohio- based company said the declines were due largely to falling tire demand in Europe that offset cost cuts and profits from North America.

  • *Arch Coal surges after results. ``The fact that this was a two percent GDP number is still pathetic in the overall scheme of life- we ought to be growing at four percent, not two percent,'' said Phil Orlando, chief equity market strategist, at Federated Investors, in New York.

  • Oct 26- Goodyear Tire& Rubber Co, the top U.S. tire maker, said third-quarter profit fell on lower sales in all its key markets, especially Europe. Goodyear said it expects fourth-quarter volume to drop 3 percent to 5 percent from a year earlier, reflecting continued weakness in Europe.

  • *Arch Coal surges after results. ``Futures are coming back simply because this GDP number was above the consensus number,'' said Phil Orlando, chief equity market strategist, at Federated Investors, in New York.

  • Weak earnings reports weigh on stocks Friday, 26 Oct 2012 | 1:08 PM ET

    Stocks closed mostly lower Friday after investors found little to like in weak corporate earnings reports and news of only tepid growth in the U.S. economy in the third quarter. The morning gains came after the Commerce Department estimated that the U.S. economy expanded at a 2 percent annual rate from July through September.

  • Goodyear Tire profit falls on weak volumes in Europe Friday, 26 Oct 2012 | 11:40 AM ET

    Oct 26- Goodyear Tire& Rubber Co, the top U.S. tire maker, reported a lower quarterly profit as volumes fell particularly in Europe. Goodyear expects fourth-quarter tire unit volume to fall 3 percent to 5 percent from a year earlier. Net income fell to $110 million, or 41 cents per share, in the third quarter, from $161 million, or 60 cents per share, a year earlier.

  • Weak earnings reports weigh on the stock market Friday, 26 Oct 2012 | 10:25 AM ET

    Stock indexes are moving between small gains and losses on Wall Street Friday after Goodyear Tire& Rubber and other companies turned in weak earnings reports. Goodyear's stock sank 7 percent after the company said that a steep dropoff in sales in Europe delivered a blow to the company's earnings.

  • Better GDP report sends stocks slightly higher Friday, 26 Oct 2012 | 9:44 AM ET

    Stocks are edging higher in early trading on Wall Street after the government reported a slight pickup in U.S. economic growth. The gains were held in check by poor earnings reports from Goodyear Tire& Rubber and the lumber and real estate company Weyerhauser.

  • US futures mixed after US growth report Friday, 26 Oct 2012 | 9:05 AM ET

    NEW YORK-- Stock futures were mixed but recovered from sharp declines Friday after the government reported that economic growth during the third quarter was slightly better than expected thanks in part to stronger consumer spending. The Commerce Department reported that the economy expanded at 2 percent annual rate from July through September.

  • Goodyear Tire 3Q net income falls 32 percent Friday, 26 Oct 2012 | 7:27 AM ET

    DETROIT-- Shares of Goodyear Tire& Rubber Co. fell more than 10 percent on Friday as the company's third-quarter net income and revenue dropped on lower tire sales in Europe. The Akron, Ohio, company's results fell short of Wall Street's expectations as problems in Europe offset cost cuts and profits in North America.