Tires & Rubber

Standard & Poor's chief investment strategist Sam Stovall thinks that, judging by history, the market may be ready to rally. Since 1945 the market has undergone 17 corrections with an average decline of 13.7%. The recently completed six-week decline in the S&P 500 was a dead-on match at 13....

Cusick’s Corner The trader in me is throwing my arms up, or at the very minimum not holding a bias. If I am in the market then I am trading, meaning tight risk and capital management. I expect this whippy action to continue into the After Hours. Watch the key levels that I discussed last night (...

In an article on MarketWatch, David Silver, an auto analyst at WStreet.com said “Auto parts suppliers have had a great run since March of last year, but the fact remains, there is room to move higher. The industry is only at about 11.5 million vehicles [per year] now, and I think we get to 14...

Cooper Tire & Rubber Company (NYSE: CTB) has reported its first-quarter results. The company has reported first-quarter profit of $11.6 million, or $0.19 per share compared with a loss of $21.3 million, or $0.36 per share it reported for the same period last year. First-quarter revenue was up...

Goodyear Tire & Rubber Co. (NYSE: GT) is expected to perform well in 2010. According to a recent report released by NorthCoast Research, the firm is expected to earn an EBITDA of $1,532 million for 2010, while for year 2011, its EBITDA is likely to hover around the $1,763 million mark. The firm...

Among the notable after hours gainers today are Johnson Controls (NYSE: JCI), Baxter International (NYSE: BAX), Goodyear Tire & Rubber (NYSE: GT), and The Williams Companies (NYSE: WMB). Johnson Controls (JCI) fell 1.46% today during regular market hours. That trend has been reversed after...

Rising prices of raw materials, driven mainly by demand from Asia, has cut corporate profits, hit stocks and in some cases even increased consumer goods prices. According to the Wall Street Journal, rubber prices have skyrocketed by 74% this year after a climb of 92% last year. As a result, tire...

According to Barron’s, cash built-up by many companies during the economic recession was not the result of higher sales but of some accounting maneuvers. During the downturn, many companies adjusted their working capitals by reducing inventories, increasing payment periods, and reducing receivables...

As the market traded higher across the board Monday on lighter volume, there were many stocks which traded higher/lower on above average volume. Today's breakout report is for Monday March 22, 2010. If this is your first time reading one of my breakout reports you'll want to read the section...

Cooper Tire & Rubber Company (NYSE: CTB) reported today a fourth-quarter earnings of $39 million, or $0.63 per share,as compared to a loss of $143.5 million, or $2.55 per share, in the year-ago period. Sales rose to $773 million from $636 million for the same quarter last year. CTB increased 2....

Richard Kramer was appointed as the new CEO of Goodyear (NYSE: GT), reported the Wall Street Journal. Kramer replaces Robert Keegan, who will continue as the Chairman. Kramer’s appointment is effective Apr.13. "Rich brings to the table a deep knowledge of Goodyear, our global markets,...

Goodyear Tire & Rubber Co., (NYSE: GT) showed Q4 results that were in excess of most expectations, on the back of robust sales in emerging markets. The company saw weak demand in North America and Europe, even though it has shown an overall 8% increase in volume. Volume of new equipment rose 36...