Tires & Rubber

Below are the top small-cap rubber & plastics stocks on the NYSE and the NASDAQ in terms of dividend yield. A. Schulman Inc (NASDAQ: SHLM) has a dividend yield of 2.60%. SHLM's shares closed at $24.14 yesterday. Myers Industries Inc (NYSE: MYE) has a dividend yield of 2.50%. MYE's shares...

Shares of The Goodyear Tire & Rubber Company (NYSE: GT) are higher on the session by 2.74%, currently trading at $17.24. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying calls on the name...

Citi made a number of updates on companies in the auto sector in a research report published today. BorgWarner (NYSE: BWA) had its rating reiterated at Hold. At the same time, its price target was maintained at $83. On Monday, BWA lost 1.53% of its value to finish the day at $78.96. Ford (NYSE:...

The Goodyear Tire & Rubber Company (NYSE: GT) today announced that it has ceased production at its tire manufacturing facility in Union City, Tenn. On February 10, Goodyear had announced its intention to close the plant by the end of 2011. "When we announced our intention to close the plant...

Throughout the years of rapid sector-specific expansion in the exchange traded products universe, one industry was always conspicuous by its absence: The automotive industry. Considering this is a key industry in the U.S. and in major developed economies such as Germany and Japan, the lack of an...

The S&P 500 (SPX) gained 14 points, or 1%, in today's session to close at 1353.22. The index is nearing its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Thursday's session is as follows: The S&P 500 was led by the Basic Materials Sector in Thursday's session...

Auto stocks have benefited from U.S. economic recovery from the Great Recession. The DJ U.S. Automobiles & Parts index ($DJUSAP) is up nearly 350% since March 2009 bottom. Fidelity Investments is a prominent player in this sector having launched Fidelity Select Automotive (FSAVX) nearly 25...

Libbey Inc (AMEX: LBY) appointed Stephanie Streeter as the company's Chief Executive Officer (CEO), effective August 1. Streeter served as interim Chief Executive Officer of the United States Olympic Committee from March 2009 to March 2010. Streeter presently serves on the Boards of Directors of...

Deutsche Bank is providing a few comments on the tire industry, its trends, and why it lowered its estimates on two companies. “We lowered estimates for Goodyear (NYSE: GT) and Cooper Tire (NYSE: CTB) on Friday based on evidence that the US replacement tire market was decelerating: U.S....

Cusick's Corner As I said in the past few Corners, a bounce here is not unexpected, especially after the pounding that has been going on the last 6 sessions. What is concerning me is that Tech was the real laggard today, and some might say it is about time. But I watch offensive sectors closely,...

Cusick's Corner Market is trying to garner strength but there is a lot of overhead resistance. News was a mixed bag today but the market has bounced back some, plus the VIX dropped again and is trading around 17. See you After Hours. Stock market averages are rebounding from six-days of losses...

The Consumer Goods Sector is taking another hit in today's trading session, currently down 1% from yesterday's close. The weakest S&P Consumer Goods stocks currently are: 1) Goodyear Tire & Rubber (NYSE: GT): Shares of Goodyear Tire and Rubber are currently trading down 7.3% from...

The Goodyear Tire & Rubber Company (NYSE: GT) has agreed to sell its global wire business to Hyosung Corporation, pending government and regulatory approvals and other customary closing conditions. Goodyear and its affiliates will receive approximately $50 million for the business, subject...

The Goodyear Tire & Rubber Company's (NYSE: GT) three North American blimps are assisting the Department of Homeland Security/FEMA with a request for donations to aid those devastated by recent tornadoes. The airships, Spirit of Goodyear in Ohio, Spirit of Innovation in Florida and Spirit of...

Invesco PowerShares brought out two new and unique ETFs last Thursday (5/5/11).  PowerShares S&P 500 High Beta Portfolio (SPHB) and PowerShares S&P 500 Low Volatility Portfolio (SPLV) are innovative products that employ quantitative beta-weighting and volatility-weighting as part of the...