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.

Goodyear Tire & Rubber

Here's what's cookin' today in Transmission: The blimp has a new passenger: Cooper Tires  Dealers prefer low volumes over excess inventory REE: The EV tech of tomorrow The blimp has a new passenger: Cooper Tires  I spent 30 minutes brainstorming catchy tire puns to introduce this next segment. I couldn't think of anything good so I'll cut to the chase and save the bad joke: Cooper Tire sold to Goodyear Tires in a deal worth about $2.8 billion.

Transmission: The Goodyear Blimp just grew much bigger

The announced combination of Goodyear and Cooper Tire, the largest and fifth-largest tire manufacturers in North America, is set to not only increase competition with foreign and domestic rivals, but also raise the bar in the lucrative aftermarket retail services sector. In acknowledging the complementary business models, organizational structures and distribution channels the $2.8 billion […]

Goodyear-Cooper Tire Merger Heats Up Competition Among Auto Service Chains

NEW YORK, Feb. 22, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Cooper Tire & Rubber Company ("Cooper" or the "Company") (NYSE: CTB) in connection with the proposed acquisition of the...

SHAREHOLDER ALERT: WeissLaw LLP Investigates Cooper Tire & Rubber Company

Goodyear Tire & Rubber Co (NASDAQ: GT) is acquiring rival Cooper Tire & Rubber Co (NYSE: CTB) for $2.5 billion. Akron, Ohio-based Goodyear was founded in 1898 and employs about 62,000 people working in 46 facilities in 21 countries.

Goodyear Acquires Tiremaker Rival Cooper For $2.5B

NEW YORK, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Cooper Tire & Rubber Company (NYSE: CTB) breached their fiduciary duties or violated the federal securities laws in connection with the company's acquisition by The Goodyear Tire & Rubber Company (NASDAQ: GT).

COOPER ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of CTB and Encourages Investors to Contact the Firm

Goodyear Tire & Rubber Co. (Nasdaq: GT) announced Monday it will acquire Cooper Tire (NYSE: CTB) in a $2.5 billion deal to strengthen its market position in the global tire industry. Goodyear said the acquisition of Cooper Tire doubles its presence in China while increasing the number of relationships with Chinese automakers, and also broadens distribution for Cooper replacement tires through Goodyear's network of 2,500 branded retail stores.

Goodyear to buy Cooper Tire for $2.5B

Investors like the looks of its plan to buy a rival.

Why Goodyear Stock Is Sharply Higher Today

Goodyear Tire & Rubber Co. agreed to buy Cooper Tire & Rubber Co., a deal that Goodyear said would allow it to reduce costs and build out its businesses in the U.S. and China.

The Wall Street Journal: Goodyear to buy rival Cooper Tire for $2.8 billion

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Cooper Tire & Rubber Company (NYSE: CTB) to The Goodyear Tire & Rubber Company is fair to Cooper Tire shareholders. Under the merger agreement, Cooper Tire shareholders will receive $41.75 per share in cash and a fixed exchange ratio of 0.907 shares of Goodyear common stock per Cooper Tire share. Halper Sadeh encourages Cooper Tire shareholders to click here to learn more

Cooper Tire Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Cooper Tire & Rubber Company Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – CTB

MILWAUKEE, Feb. 22, 2021 /PRNewswire/ -- Ademi LLP is investigating Cooper (NYSE: CTB) for possible breaches of fiduciary duty and other violations of law in its transaction with Goodyear. Click here to learn how to join the action: http://ademilaw.com/case/cooper-tire-rubber-company or...

Shareholder Alert: Ademi LLP Investigates whether Cooper Tire & Rubber Company has obtained a Fair Price in its transaction with Goodyear Tire

Shares of the tire manufacturer rose after Goodyear announced an acquisition.

Why Cooper Tire & Rubber Stock Soared Today

Cooper Tire's (CTB) earnings miss for the most recent quarter and fiscal year has been eclipsed by its being bought out by Goodyear (GT) for $2.8 billion.

Big Week Coming Up; Cooper Tire (CTB) Gets Traction with Buyout

Shares of Cooper Tire & Rubber Company surged 27% on Monday on news that Goodyear Tire & Rubber Company is buying it for $2.8 billion, solidifying Goodyear's spot as the reading company in the US market.  Goodyear shares traded 16% higher.

Cooper Tire spikes 27% after Goodyear agrees to buy it for $2.8 billion

The merger would add a growth opportunity in China while securing a dominant U.S. position.

Goodyear to Buy Rival Cooper for $2.8 Billion

Goodyear and Cooper are creating a US tire king.

Goodyear, Cooper $2.8B deal creates U.S. tire leader

The Goodyear Tire & Rubber Company (Nasdaq: GT) and Cooper Tire & Rubber Company (NYSE: CTB) announced that they have entered a definitive transaction agreement under which Goodyear will acquire Cooper. These are the details.

Goodyear Tire & Rubber Co (GT) Buying Cooper Tire (CTB) For $2.8 Billion

Goodyear Tire & Rubber Co said on Monday it would acquire Cooper Tire & Rubber Company for about $2.8 billion to double its presence in North America and China.

Goodyear to buy Cooper Tire for $2.8 billion, doubling China presence

Goodyear Tire to buy Cooper Tire in a deal worth $2.5 billion

Goodyear Tire & Rubber Co. said Monday it is acquiring Cooper Tire & Rubber Co. in a deal with an enterprise value of about $2.5 billion. Under the terms of the deal, Cooper shareholders will receive $41.75 per share in cash and 0.907 shares of Goodyear for a total equity value of about $2.8 billion.

Goodyear Tire to acquire Cooper Tire in deal with enterprise value of about $2.5 billion

Shares of Cooper Tire & Rubber (NYSE:CTB) moved higher by 2.6% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 26.47% over the past year to $0.75, which missed the estimate of $0.92.

Cooper Tire & Rubber: Q4 Earnings Insights

FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire & Rubber Company (NYSE: CTB) today reported full year 2020 net income of $143 million, or diluted earnings per share of $2.83, compared with net income of $96 million, or $1.91 diluted earnings per share, for the prior year. Full Year 2020 Highlights Global unit volume decreased 13.0 percent compared to the prior year. Net sales were $2.52 billion compared to $2.75 billion the prior year. Operating profit was $231 million, or 9.2 percent of net sa

Cooper Tire & Rubber Company Reports Fourth Quarter and Full Year 2020 Results

AKRON, Ohio and FINDLAY, Ohio, Feb. 22, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company (Nasdaq: GT) and Cooper Tire & Rubber Company (NYSE: CTB) today announced that they have entered a definitive transaction agreement under which Goodyear will acquire Cooper in a transaction...

Goodyear to Acquire Cooper, Creating Stronger U.S.-Based Leader in Global Tire Industry

Bleak contributions across all major segments of Cooper Tire (CTB) are likely to have dented its Q4 performance.

Cooper Tire (CTB) to Report Q4 Earnings: Factors at Play

Cooper Tire & Rubber (NYSE:CTB) announces its next round of earnings this Monday, February 22. Here is Benzinga's everything-that-matters guide for this Monday's Q4 earnings announcement.

Earnings Preview for Cooper Tire & Rubber

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 March 26, 2021 to stockholders of record at the close of business March 1, 2021. This will mark the 196th consecutive quarterly dividend paid by Cooper Tire & Rubber Company. About Cooper Tire & Rubber Company Cooper Tire & Rubber Company (NYSE: CTB) is the parent company of a global family of companies that specializes in

News for Cooper Tire & Rubber Stock (CTB)