|Bid||13.45 x 1800|
|Ask||13.46 x 1800|
|Day's range||13.36 - 13.71|
|52-week range||9.66 - 15.69|
|Beta (5Y monthly)||1.80|
|PE ratio (TTM)||672.00|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||31 Jan 2020|
|1y target est||N/A|
U.S. labor officials on Monday said they have asked Mexico to investigate alleged worker rights abuses at a Goodyear Tire & Rubber Co plant in Mexico in the latest "rapid response" probe under North American trade rules. The complaint from the U.S. Trade Representative's office (USTR) comes after independent Mexican union La Liga petitioned the U.S. government to open a case, arguing Goodyear employees in the central state of San Luis Potosi were offered fewer benefits than available to other workers in the rubber sector in Mexico.
Yahoo Finance Live anchors Akiko Fujita and Seana Smith highlight several of today's leading news stories.
The Yahoo Finance Live team discusses a rise in stock for the Goodyear Tire & Rubber Company while Elliott Management pushes for significant changes at the company.
Activist Elliott Management is calling for a shakeup at Goodyear Tire & Rubber (NASDAQ: GT), including recommending five candidates for the company's board. Elliott Management, the hedge fund run by billionaire Paul Singer, has a long track record of successfully pushing for change inside companies. In a letter to Goodyear's board released Thursday, the fund spotlighted a low operating margin, an underutilized retail platform, and a loss of investor confidence as reason change is needed.
Goodyear (GT) misses first-quarter 2023 earnings on lower-than-anticipated sales in the Americas and Asia Pacific segments.
Goodyear finds itself in the crosshairs of a new activist campaign.
Activist investor Elliott Investment Management L.P. disclosed a large investment in Goodyear Tire & Rubber Co on Thursday and said it wants the company to strengthen its financial position by refreshing the board, selling its stores and conducting an operational review. Elliott holds a 10% stake in the 125-year-old company, making it one of Goodyear's biggest investors. The investment firm, which manages $55 billion in assets, is proposing that five new directors join the 12-member board.
(Reuters) -Goodyear Tire & Rubber Co convinced an Ohio federal judge on Friday to throw out a $64 million jury verdict over its alleged theft of trade secrets related to self-inflating tires. U.S. District Judge Sara Lioi said most of the trade secrets that Czech company Coda Development SRO accused Goodyear of stealing were too vague to be legally protected. A spokesperson for Goodyear said Monday that the company agrees with the decision and "respects the intellectual property rights of others."
Goodyear (GT) grapples with poor margin performance across all segments as raw material cost exceeds price/mix benefits.
Goodyear remains on track to hit this big tire sustainability goal. Here's why it matters to investors.
The Goodyear Tire & Rubber Company CEO Rich Kramer joins Yahoo Finance Live to discuss the launch of 90% sustainable tires, aiming for tires that are 100% sustainable by 2030, mobility trends, and the outlook for growth.
Yahoo Finance's Brian Sozzi discusses Goodyear's push into sustainable tires with The Goodyear Tire & Rubber Company CEO Rich Kramer.
Goodyear's (GT) near-term prospects look muted amid commodity inflation, forex woes, supply chain snafus and a particularly weak industry environment.
While Lear posts a comprehensive beat, Goodyear Tire (GT), Carvana (CVNA), Tenneco (YEN) and Cummins (CMI) lag earnings estimates.
Goodyear (GT) misses earnings and sales estimates in third-quarter 2022. Its top line registers year-over-year growth while its bottom line sees a decline.
Shares in Goodyear Tire & Rubber (NASDAQ: GT) were down more than 20% on the week as of the market close on Thursday afternoon. Meanwhile, this was supposed to be the year when car production ramped up, and raw material cost inflation subsided for Goodyear. Raw material inflation continued to surge, and management now expects raw material inflation to peak in Q4 with a $500 million increase to the same period last year and a further $300 million to $400 million increase in the first half of 2023.
Goodyear Tire & Rubber (NASDAQ: GT) missed Wall Street expectations in the third quarter, as macroeconomic challenges including inflation and strong-dollar concerns weighed on results. Investors were disappointed, sending shares of Goodyear down as much as 15% on Tuesday. "Uncertainty and volatility have defined our operating environment since the onset of COVID," CEO Richard J. Kramer said in a statement.
Yahoo Finance Live anchors discuss the challenging quarter for Goodyear amid ongoing inflation.
Goodyear (GT) delivered earnings and revenue surprises of -34.43% and 4.70%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Goodyear (GT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Goodyear (GT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
WASHINGTON (Reuters) -The U.S. auto safety agency said Friday it was closing an investigation it opened in 2017 into the safety of some Goodyear tires used on motor homes that have not been produced in nearly two decades. Goodyear Tire & Rubber in June said it would recall 173,000 G159 tires size 275/70R22.5 tires used on recreational vehicles because of the potential for catastrophic tread separations. The National Highway Traffic Safety Administration (NHTSA) had sought the recall in February, arguing G159 tires had higher failure rates that "occurred relatively early in the service life."