Tires & Rubber

Cusick's Corner Inflation is on the brain and with the Hawks circling, this market needs leadership to arise before any real money is going to work. With that said, we may have this choppy action until the jobs data comes in at the end of this week. The Consumer Confidence Number will be a big one...

Shares of The Goodyear Tire & Rubber Company (NYSE: GT) are lower on the session by 5.44%, trading at $14.61. Overall put volume is now running at 3.61x the daily average, wit 63% of all puts traded being purchases on the offer. 5,552 contracts have traded on the session so far. The Goodyear...

The Goodyear Tire & Rubber Company (NYSE: GT) today announced that it has commenced a public offering of $435 million of mandatory convertible preferred stock, subject to market and other customary conditions. The offering consists of 8.7 million shares with an offering price of $50 per share...

According to Morgan Stanley, Goodyear Tire & Rubber Company's (NYSE: GT) analyst day was supportive of the Overweight thesis. Morgan Stanley reported that its estimates remain mostly unchanged following a positive Analyst Day. “We reiterate our OW rating and $20 PT. Management presentations...

Below are the top rubber & plastics stocks on the NYSE in terms of earnings estimate for the next quarter. The earnings estimate for Carlisle Companies Incorporated (NYSE: CSL) for the June quarter is $0.85 per share. CSL's trailing-twelve-month revenue is $2.53 billion. Rogers Corporation (...

J.P. Morgan has published a report following Goodyear Tire & Rubber's (NYSE: GT) Analyst Day. According to J.P. Morgan, "At its Analyst Day, GT guided to $450MM SOI (EBIT) in NA in 2013, and provided a more granular explanation of unabsorbed overhead cost reduction expectations. The guidance...

In a report published by Deutsche Bank, it felt that there were two main positive takeaways from Goodyear Tire & Rubber (NYSE: GT) Analyst Day in New York City. Deutsche Bank said that there were bullish takeaways from the analyst meeting. “1) Secular trends within the tire industry are...

Citi has raised Goodyear Tire & Rubber Co's (NYSE: GT) from $19.00 to $21.00 following their 2011 Investor Day. In the report Citi writes, "Goodyear's highly-anticipated 2011 Investor Day was highlighted by the unveiling of better-than expected 2013 earnings targets. Though GT shares slipped 2...

Citigroup has raised the price target on Goodyear Tire & Rubber (NYSE: GT) from $19 to $21 and maintains its Buy rating.

Unconfirmed Rumors Circulate That (GT) will be acquired by Private Equity at $25.00..

The Goodyear Tire & Rubber Company (NYSE: GT) at an investor conference here today will discuss its strategies to capitalize on industry and economic trends to achieve record levels of profitability. Goodyear said it is targeting 2013 segment operating income in its North American Tire unit...

J.P. Morgan Chase & Co. is raising its price target on shares of Cooper Tire & Rubber Company (NYSE: CTB) to $28 from $24, while keeping its Overweight rating. In a note to investors, J.P. Morgan writes, "We retain our Overweight rating on CTB and revised our Dec-2011 price target to $28 (...

JP Morgan has raised the price target on Cooper Tire & Rubber Company (NYSE: CTB) from $24 to $28 and maintains its Overweight rating.

Cooper Tire & Rubber Company (NYSE: CTB) reports its Q4 EPS at $0.66, versus the consensus of $0.66. CTB reports its Q4 revenue at $920 million, versus the consensus of $850.50 million. CTB shares gained 0.79% to $23.05 in after-hours trading. Read more from Benzinga's Company news.

Interpublic Group (NYSE: IPG) is expected to report its Q4 EPS at $0.31 on revenue of $1.91 billion. Public Storage (NYSE: PSA) is projected to post its Q4 earnings at $0.72 per share on revenue of $382 million. J.C. Penney Company Inc (NYSE: JCP) is estimated to report its Q4 EPS at $1.08 on...