Cooper Tire & Rubber

Cooper Tire & Rubber Company (Cooper) is a manufacturer and marketer of replacement tires. Cooper focuses on the manufacture and sale of passenger and light and medium truck replacement tires. The Company operates through two segments: North American Tire Operations and International Tire Operations. The North American Tire Operations segment manufactures and markets passenger car and light truck tires, primarily for sale in the United States replacement market. The North American Tire Operations segment also distributes tires for racing, medium truck and motorcycles that are manufactured at the Company’s subsidiaries. The International Tire Operations segment has manufacturing operations in the United Kingdom, the Republic of Serbia and the People’s Republic of China.

Dublin, June 05, 2024 (GLOBE NEWSWIRE) -- The "Automotive Aftermarket Industry Size, Share & Trends Analysis Report By Replacement Part (Tire, Battery), By Distribution Channel, By Service Channel, By Certification, By Region, And Segment Forecasts, 2024 - 2030" report has been added to ResearchAndMarkets.com's offering. The global automotive aftermarket industry is expected to reach USD 589.01 billion by 2030. The market is anticipated to expand at a CAGR of 3.9% from 2024 to 2030. Digitalization of automotive repair & component sales complemented by advanced technology incorporations in the automobile aftermarket component manufacturing is expected to boost the market growth. The surging reception of semi-autonomous, electric vehicles, and hybrid & autonomous cars, in the years to come, is further expected to bolster the demand for new components. Furthermore, the increasing vehicle penetration is driven by the overall improvement of lifestyle in developing countries, such as India and Brazil, and is expected to drive the growth of the automobile industry in the region. Similar surges in the automotive manufacturing sector across various regions along with the increasingly stringent emissions norms are expected to drive the growth of automotive aftermarket component sales over the forecast period. Third-party services and technology offer new and profitable revenue streams, to leverage all these opportunities. In addition, the industry requires investment in product development, supply chain, organizational design, and pricing model to create a great surge in demand. The rise of digital channels or social media influence is also fueling the sale of the automotive aftermarket. These online channels provide customers with all the information regarding the price of the past, and the prior user experience, making the purchasing process smoother. To support the initiatives for leveraging market foothold, the manufacturers in developing countries are adopting various strategies, including mergers, acquisitions, and partnerships. The Asia-Pacific regional market is expected to be the fastest growing market for aftermarket over the forecast period, owing to its developing living standards and high vehicle production. It is also anticipated to be the fastest-growing market in automobile production. With the growing penetration and acceptance of gas and hybrid electric cars, specialized repair centers dedicated to the repair of particular vehicles are expected to increase. The global aftermarket is expected to witness tremendous growth due to an upsurge in the number of vehicle collisions along with the inclination of owners toward the repair of their automobiles. Automotive Aftermarket Industry Highlights

Automotive Aftermarket Industry Analysis by Replacement Part, Distribution Channel, Service Channel, Certification, and Region (2024-2030) Featuring 3M, Continental, Cooper Tire & Rubber Company, and More

AMC Entertainment

The cost to borrow (CTB) fee for AMC Entertainment (NYSE: AMC ) has skyrocketed to 215.80% today, up by more than 100% from the reading of 101.76% on March 10. Yesterday's closing CTB fee reading clocked in at 211.41%.

AMC Stock Alert: Cost to Borrow AMC Continues to Surge

Goodyear Tire & Rubber

SelectQuote

NEW YORK, June 7, 2021 /PRNewswire/ -- SelectQuote Inc. (NYSE:SLQT) will replace Cooper Tire & Rubber Co. (NYSE:CTB) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, June 10. S&P MidCap 400 constituent The Goodyear Tire & Rubber Co. (NASDAQ: GT) has acquired Cooper Tire & Rubber Company in a deal that was completed today.

SelectQuote Set to Join S&P SmallCap 600

Cooper Tire (CTB) reported earnings 30 days ago. What's next for the stock?

Why Is Cooper Tire (CTB) Up 3.8% Since Last Earnings Report?

FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire & Rubber Company today announced that five recent high school graduates have been selected to receive scholarships to pursue higher education. The Roy V. Armes Scholarship, a renewable scholarship which provides up to $5,000 over the next four years, was awarded to one student, and Cooper Centennial Scholarships, in the amount of $1,000 each, were awarded to five students. This year, for the first time, one student won both the Roy V. Armes and Co

Cooper Tire Awards Annual Roy V. Armes and Centennial Scholarships

FINDLAY, Ohio--(BUSINESS WIRE)--Today, Cooper Tire & Rubber Company announced the opening of its Whiteland, Indiana regional distribution center. Located at 2400 Whiteland Rd., the newly opened 1 million-square-foot facility will provide Cooper with additional capacity for product storage and a modern design for optimizing operations. “As we strive to meet customer needs and continue providing outstanding customer service, this new, larger distribution center positions Cooper to navigate lo

Cooper Tire Opens New Whiteland, Indiana Distribution Center

FINDLAY, Ohio--(BUSINESS WIRE)--50/50 Women on Boards™ (50/50WOB) has recognized Cooper Tire & Rubber Company as a “3+” company for having three or more women on its corporate board of directors. With three female board members, approximately one-third of Cooper's board seats are held by women. 50/50WOB is the leading global education and advocacy campaign driving the movement toward gender balance and diversity on corporate boards. The campaign applauds companies that have aligned with ind

50/50 Women on Boards™ Recognizes Cooper Tire as a “3+” Company with Three or More Female Directors

FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire & Rubber Company (NYSE: CTB) today announced a quarterly dividend of 10.5 cents per share on common stock payable June 24, 2021 to stockholders of record at the close of business May 27, 2021. The dividend, which is the 197th consecutive quarterly dividend from Cooper, will be paid in the event that the closing of the proposed merger with The Goodyear Tire & Rubber Company (Nasdaq: GT) occurs after the dividend record date of May 27, 2021. If

Cooper Tire & Rubber Company Declares 197th Consecutive Quarterly Dividend

Cooper Tire (CTB) Q1 revenues increase 23.3% year on year.

Cooper Tire (CTB) Q1 Earnings Miss, Sales Top Estimates, Up Y/Y

FINDLAY, Ohio--(BUSINESS WIRE)--With summer road trip season fast approaching, Cooper Tire & Rubber Company has announced the U.S. launch of the new Discoverer® Rugged Trek™ tire, which is now available for consumers nationwide. An all-season pickup truck and SUV tire, the Discoverer Rugged Trek offers drivers the flexibility of reliable, every day on-road performance in addition to a powerful, rugged design for off-road adventurers. During the development of the Discoverer Rugged Trek, the

Cooper Tire Announces New Discoverer® Rugged Trek™ All-Terrain Tire

Cooper Tire (CTB) delivered earnings and revenue surprises of -39.44% and 3.64%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Cooper Tire (CTB) Q1 Earnings Miss Estimates

Shares of Cooper Tire & Rubber (NYSE:CTB) fell 1.6% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 286.96% year over year to $0.43, which missed the estimate of $0.57.

Cooper Tire & Rubber: Q1 Earnings Insights

FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire & Rubber Company (NYSE: CTB) today reported first quarter 2021 net income of $22 million, or diluted earnings per share of $0.43, compared with a net loss of $12 million, or diluted loss per share of $0.23, for the same period last year. First Quarter Highlights Global unit volume increased 16.6 percent compared to the first quarter of 2020. Net sales increased 23.3 percent from the first quarter of 2020 to $656 million. Operating profit was $38 m

Cooper Tire & Rubber Company Reports First Quarter 2021 Results

FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire & Rubber Company (NYSE: CTB) today announced that its stockholders overwhelmingly voted to approve the agreement and plan of merger with The Goodyear Tire & Rubber Company (Nasdaq: GT), which was announced Feb. 22, 2021. At a special meeting of Cooper stockholders held today, approximately 99 percent of votes cast were in favor of the transaction. Goodyear is not required to hold a vote of its stockholders to approve the merger agreement. “We

Cooper Tire Stockholders Overwhelmingly Approve Proposed Merger with Goodyear

Cooper Tire (CTB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cooper Tire (CTB) to Report Q1 Results: Wall Street Expects Earnings Growth

FINDLAY, Ohio--(BUSINESS WIRE)--After scouring the nation to find America's most talented garage bands, and opening the voting to fans across the country, Cooper Tire and legendary rocker Alice Cooper have announced the winner of the “Driven to Perform” garage band contest. It's official—South of Eden will take home the winning prize, which is the opening act spot for Evanescence in a livestream concert on May 13. Evanescence's latest album, “The Bitter Truth,” reached #1 on the iTunes Albums c

Rock Music Fans Crown South of Eden America's Top Garage Band in Driven to Perform Contest Sponsored by Cooper Tire and Legendary Rocker Alice Cooper

FINDLAY, Ohio--(BUSINESS WIRE)--The “Coopers” are ready to rock as Cooper Tire today kicked off Driven to Perform – a nationwide garage band contest in partnership with Rock & Roll Hall of Fame inductee Alice Cooper. Cooper Tire and Alice Cooper, credited as the “godfather of shock rock,” teamed up to scour the nation and identify three talented American garage bands. Alice Cooper, who recently released his 28th album, “Detroit Stories,” will provide advice and feedback to the bands, and ca

The “Coopers” Are Ready to Rock as Cooper Tire Joins Alice Cooper to Host Nationwide “Driven to Perform” Garage Band Contest April 16-28

First Trust NASDAQ Global Auto Index Fund

Dorman Products

Tesla

The rapid vaccinations, unprecedented stimulus and reopening of the economies boosted demand for everyday travel, resulting in spike auto sales.

Auto Sales Jump in Q1: ETF & Stocks to Ride On

Why Is Cooper Tire (CTB) Down 4% Since Last Earnings Report?

FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire announced today that its Discoverer® Snow Claw™, a winter pickup truck and SUV tire, has earned a 2020 GOOD DESIGN® award from The Chicago Athenaeum Museum of Architecture and Design in cooperation with the European Centre for Architecture, Art, Design and Urban Studies and Metropolitan Arts Press, Ltd. The tire is being honored for its design excellence and was selected from more than 3,000 entries spanning over 50 countries. The GOOD DESIGN® award i

Cooper Tire Wins Global 2020 GOOD DESIGN® Award for Discoverer® Snow Claw™

FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire has announced that Vanguard National Trailer Corporation is including the Cooper® PRO Series™ LHT trailer tire as standard equipment on all dry and refrigerated van trailers built at its Monon, Ind.; Trenton, Ga.; Moreno Valley, Calif.; and Sarnia, Ontario, Canada locations. According to Charlie Mudd, President and Chief Executive Officer of Vanguard, the move to Cooper's PRO Series trailer tires is in line with the company's continued commitment to p

Cooper Tire's PRO Series™ LHT Now Standard Equipment on Vanguard Dry and Refrigerated Van Trailers

NEW YORK, Feb. 27, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is...

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Cooper Tire & Rubber Company - CTB

Perspecta Inc

SMTC

NEW YORK, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies:

INVESTIGATION ALERT: Halper Sadeh LLP Investigates CTB, PRSP, EGOV, SMTX; Shareholders Are Encouraged to Contact the Firm

While fourth-quarter 2020 revenues from Cooper Tire's (CTB) Americas Tire operations segment decline, the same from the International Tire operations unit rises year over year.

Cooper Tire (CTB) Q4 Earnings and Revenues Miss, Down Y/Y

NEW ORLEANS, Feb. 24, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Cooper Tire & Rubber Company (NYSE: CTB) to The Goodyear Tire & Rubber Company (Nasdaq: GT)....

COOPER TIRE INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Cooper Tire & Rubber Company - CTB

News for Cooper Tire & Rubber Stock (CTB)