GT Stock Recent News

Gross cash proceeds at closing of approximately $701 million Advances Goodyear Forward transformation plan, optimizes portfolio of brands Goodyear to supply Dunlop tires to Sumitomo Rubber Industries pursuant to a five-year Transition Offtake Agreement in Europe Goodyear to license back the Dunlop trademarks for use on commercial (truck) tires, and retains its rights to the Dunlop trademarks for use on motorcycle tires in Europe and Oceania AKRON, Ohio , Jan. 7, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) ("Goodyear" or the "Company") today announced that it has signed a definitive agreement to sell the Dunlop brand, comprising trademarks and intangible assets necessary for operations of the brand business in Europe, North America and Oceania for consumer, commercial and other specialty tires ("Dunlop Brand"), together with certain associated intellectual property, to Sumitomo Rubber Industries, Ltd. (TYO: 5110) ("SRI").

AKRON, Ohio , Jan. 7, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT), in collaboration with TNO, has announced a significant advancement to vehicle safety systems. The integration of tire intelligence technology into the automatic emergency braking (AEB) system of a vehicle has demonstrated the potential to mitigate crashes, particularly in challenging road conditions.

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Toronto, Ontario--(Newsfile Corp. - September 24, 2024) - GT Resources Inc. (TSXV: GT) (OTCQB: CGTRF) (FSE: 7N1) (the "Company" or "GT Resources") is pleased to announce initial diamond drill assay results from the 2024 exploration campaign at the Canalask Nickel-Copper Project, Yukon, Canada. A total of five holes were drilled, totalling 1,010 meters.

The tire manufacturing industry deserves the attention of defense minded investors looking for safe yield. Tire manufacturers' revenue and margins have been broadly stable through recent economic upsets; a tire's limited service life is independent of economic cycles. Five tire manufacturers offering yields of up to 4.1% were evaluated using a relative quality matrix with factors including valuation, growth, profitability, net debt, yield, and payout ratio.

Goodyear (GT) reported earnings 30 days ago. What's next for the stock?

GT's weaker commercial truck business, high debt level and rising capital expenditure cast doubt on its prospects.

New Assurance WeatherReady® 2 is the pinnacle tire for all-weather driving and outperforms leading competitors in wet handling, wet braking and dry handling AKRON, Ohio , Aug. 20, 2024 /PRNewswire/ -- Today, Goodyear (NASDAQ: GT) introduced the Assurance WeatherReady 2, a tire that delivers unparalleled all-weather performance backed by industry-leading test results in wet handling, wet braking and dry handling. The tire has set a new performance standard for all-season tires, making it the perfect choice for an all-weather solution.

Tire manufacturer Good Year Tire & Rubber Co. NASDAQ: GT has not had a very good year. Shares recently hit 52-week lows at $7.63, trading down 40.2% year-to-date (YTD).

Goodyear (GT) reports mixed second-quarter results and expects a benefit of $260 million on raw material costs in 2024, down from the previous estimate of a benefit of $325-$350 million.