GO
Loading...

Enter multiple symbols separated by commas

Auto Components Tires and Rubber

More

  • LONDON, Aug 7- European shares fell in early deals on Friday, weighed down by Germany's top share index after a surprising fall in industrial output. Germany's DAX fell 0.5 percent, underperforming a 0.4 percent drop on the broader FTSEurofirst 300, after German industrial output declined and exports fell by more than expected, raising questions about the...

  • July 29- Goodyear Tire& Rubber Co, the largest U.S. tire maker by sales, reported a better-than-expected quarterly profit, helped by higher demand in North America and lower costs. Goodyear said its tire shipments in North America rose 3.3 percent to 15.8 million in the second quarter ended June 30, from a year earlier. A rise in sales at home slightly offset the...

  • July 29- Goodyear Tire& Rubber Co, the largest U.S. tire maker by sales, reported a 10 percent fall in quarterly revenue, hurt by a strong dollar. Goodyear said net income available to common shareholders fell to $192 million, or 70 cents per share, in the second quarter ended June 30, from $213 million, or 76 cents per share, a year earlier. The company's revenue fell to...

  • TOKYO, July 17- The diverging performance of Japan's benchmark Nikkei stock average and the broader Topix is a reminder that corporate Japan is not all equally riding the wave of optimism sparked by "Abenomics" yet. Prime Minister Shinzo Abe's mix of super-loose monetary policy and reforms have fuelled confidence in economic recovery since he came to power in...

  • Bad news is good for these stocks Wednesday, 10 Jun 2015 | 7:07 PM ET

    Bad news has been a boon for Malaysia's rubber glove makers, with the ringgit's drop and South Korea's MERS outbreak likely to provide a twin boost.

  • *MasterCard' s strong results also boosts Visa. *Starwood Hotels hits record high. April 29- U.S. stocks fell at the open on Wednesday after data showed that economic growth braked more sharply than expected in the first quarter, and ahead of the U.S.

  • UPDATE 1-Goodyear profit beats estimates on cost cuts Wednesday, 29 Apr 2015 | 9:31 AM ET

    April 29- Goodyear Tire& Rubber Co, the largest U.S. tire maker, reported a better-than-expected quarterly profit as it shrugged off effects of a stronger dollar by managing its costs. Goodyear's shares were up 3 percent at $27.96 in early trading. Goodyear reported net income available to shareholders of $224 million, or 82 cents per share, for the first quarter,...

  • *GoPro jumps after forecasts comes in above estimates. April 29- U.S. stock index futures fell further on Wednesday after data showed that the U.S. economic growth stalled in the first quarter and ahead of the outcome of the two-day Federal Reserve meeting. The low-rate environment is a bubble in itself and its like riding a balloon until the pin pops, "said Andre...

  • Goodyear quarterly revenue drops 10 percent Wednesday, 29 Apr 2015 | 8:30 AM ET

    April 29- Goodyear Tire& Rubber Co, the largest U.S. tire maker, reported a 10 percent fall in quarterly revenue, hurt by a stronger dollar that more than offset a rise in shipments. Goodyear reported net income available to shareholders of $224 million, or 82 cents per share for the first quarter ended March 31, largely due to a one-time gain from deferred royalty...

  • The main SICOM contract has jumped 7 percent since a six-year low of $1.35 a kilogram hit in January, a level that was revisited on April 9, to close on Tuesday at $1.445. Other regional benchmarks have also gained, with the Tokyo Commodity Exchange contract reaching a 5- week closing high on Tuesday of 216.7 yen per kg, while Shanghai futures ended at 14,370 yuan per...

  • *Ericsson, Bilfinger slump; Michelin surges. LONDON, April 23- European shares slipped on Thursday, with Germany's DAX index underperforming following a disappointing purchasing managers' survey while weak results from Ericsson hit technology stocks. Tech shares were hit as telecom equipment maker Ericsson slumped 12 percent after it posted...

  • European shares fall after business surveys disappoint Thursday, 23 Apr 2015 | 4:35 AM ET

    *Ericsson, Bilfinger slump; Michelin surges. LONDON, April 23- European shares gave up early gains on Thursday after a survey showed growth in Germany's private sector slowed and French business activity barely grew in April. Mobile telecom equipment maker Ericsson fell 8.1 percent after saying it expected sales in its main North American market to stay...

  • European shares advance, Michelin leads Thursday, 23 Apr 2015 | 3:18 AM ET

    LONDON, April 23- European shares rose towards 14- year highs on Thursday, with French tyre maker Michelin leading the automobile and auto parts sector higher after announcing its first-quarter results. Shares in Michelin rose 4.7 percent, the top gainer in the pan-European FTSEurofirst 300 index, after its first-quarter revenue rose 5.6 percent, boosted by a...

  • MEXICO CITY, April 22- Goodyear Tire& Rubber Co is planning to spend $550 million on a new tire plant in Mexico, a person familiar with the matter said, the latest in a string of investment pledges in the country's booming auto sector. The Goodyear plant, which will begin operations in 2017, will produce tires primarily for the domestic market, said the person, who...

  • *Bid seen coinciding with Pininfarina shareholder meeting-sources. MILAN, April 20- Indian vehicle maker Mahindra& Mahindra aims to present a formal offer for Pininfarina in time for the Italian car designer's shareholder meeting on April 29, two sources with knowledge of the matter said. Debt-laden Pininfarina, which has a market value of 162 million euros,...

  • *Prime Minister Renzi sees Expo 2015 as "litmus test" for Italy. Italy has had four different governments in the seven years since Milan was chosen to follow the 2010 Shanghai Expo and has undergone its most severe economic crisis since World War Two. "Expo will be the litmus test for the great ambitions which Italy has," Renzi said in a speech in Milan last month to...

  • *Chinese companies snap up $391 bln of foreign assets in decade. HONG KONG, March 27- ChemChina, which could soon face the task of integrating Italian tyre-maker Pirelli after its $7.7 billion bid, can take heart in the knowledge that Chinese buyers have made a decent fist of growing global brands in recent years. Success stories include the landmark 2004 purchase...

  • After dry spell, Italy hails M&A boom Wednesday, 1 Apr 2015 | 11:54 AM ET

    LONDON, April 1- Megers and acquisitions in Italy in the first three months of 2015 are already double the value of such transactions for all of the previous year, with hungry investors encouraged by Prime Minister Matteo Renzi's reforms. Italy was the third most-targeted country in Europe in the first quarter of the year, accounting for 11.6 percent of European...

  • BEIJING, March 29- The chairman of China National Chemical Corp said on Sunday he hopes to re-list Italy's Pirelli on the Italian stock exchange after his firm agreed earlier this month to acquire the world's fifth-largest tyre maker. Ren Jianxin also warned that a counterbid for Pirelli would hurt the Italian firm's investors and long-term strategy.

  • MILAN, March 28- Switzerland's Dufry has agreed to buy a majority stake in World Duty Free in deal which values the Italian firm at 3.6 billion euros and will makes it by far the world's biggest travel retailer. Edizione, the holding company owned by the Benetton family and controlling World Duty Free, said on Saturday it was selling its 50.1 percent stake in the...