On February 13, 2026, LM Asset Management, Inc. disclosed a buy of The Goodyear Tire & Rubber Company (NASDAQ:GT) shares in its SEC filing, with an estimated trade value of $9.22 million based on quarterly average pricing. What happened According to a February 13, 2026, SEC filing, LM Asset Management, Inc. increased its position in The Goodyear Tire & Rubber Company (NASDAQ:GT) by 1,170,000 shares. The estimated value of this trade, based on the average closing price during the fourth quarter of 2025, w ...

Toronto, Ontario--(Newsfile Corp. - February 17, 2026) - GT Resources Inc. (TSXV: GT) (OTCQB: CGTRF) (FSE: 7N1) (the "Company" or "GT") is pleased to announce the acquisition, through staking, of the Kuhmo Gold Project in central Finland. The project covers 12,300 hectares of the highly prospective Kuhmo greenstone belt, located 130 km southeast of the Company's flagship Läntinen Koillismaa ("LK") Project (Figure 1).HighlightsNear-Term Discovery Opportunity: Widespread gold-in-till anomalies largely unexpl ...

Core Insights - Goodyear's international revenue performance is crucial for assessing its financial resilience and growth prospects [1][2] Group 1: International Revenue Performance - For the quarter ending December 2025, Goodyear's total revenue was $4.92 billion, a decline of 0.6% year over year [4] - Asia Pacific contributed $528 million, accounting for 10.7% of total revenue, with a surprising increase of +10.06% compared to expectations [5] - Europe, Middle East, and Africa generated $1.52 billion, representing 31% of total revenue, with a slight surprise of +0.63% over consensus estimates [6] Group 2: Revenue Forecasts - Analysts predict Goodyear's total revenue for the current fiscal quarter to be $4.41 billion, indicating a 3.7% increase from the prior year [7] - For the full year, total revenue is projected at $18.73 billion, reflecting a 2.5% rise from the previous year, with Asia Pacific and Europe, Middle East, and Africa expected to contribute $1.93 billion and $5.76 billion, respectively [8] Group 3: Market Trends and Stock Performance - Goodyear's reliance on international markets presents both opportunities and challenges, necessitating close monitoring of revenue trends [9] - Over the past month, Goodyear's stock increased by 5.1%, while the broader S&P 500 composite decreased by 0.3% [14] - In the last three months, Goodyear's stock price rose by 21.2%, outperforming the S&P 500 index, which increased by 1.7% [14]

Group 1 - Goodyear Tire & Rubber Company announced the official completion and operation of a 12.3 megawatt solar project at its Kunshan manufacturing facility [1] - The solar system, completed in May 2025, is expected to meet approximately 10% of the factory's annual electricity needs in its first year and will continue to provide over 12% annually in the future [1][3] - The project is designed to generate approximately 11,500 megawatt-hours of electricity annually and is expected to reduce greenhouse gas emissions by about 7,500 tons over the next 25 years [3] Group 2 - The solar project is a significant step towards Goodyear's global sustainability goals, aiming for 100% renewable electricity usage in all factories by 2030 and complete reliance on renewable energy by 2040 [3] - Goodyear's solar power capacity in the Asia-Pacific region has now exceeded 40 megawatts due to ongoing investments [3] - The project reflects the company's commitment to operational excellence and the innovative spirit of its manufacturing team, highlighting the environmental benefits and long-term operational value of renewable energy investments [3]

Core Viewpoint - The article emphasizes the investment philosophy focused on identifying mispriced securities through understanding the financial drivers of companies, often revealed by DCF model valuation [1]. Group 1: Investment Philosophy - The investment approach is centered on small cap companies across US, Canadian, and European markets [1]. - The methodology allows for flexibility beyond traditional investment categories such as value, dividend, or growth investing, considering all prospects of a stock to assess risk-to-reward [1].

Core Insights - Goodyear's strategy in 2023 focused on cost reduction and revenue increase through divestitures, generating $2.3 billion from the sale of the Dunlop brand and other assets [3][4] - The company achieved over $1.3 billion in free cash flow in Q4, which contributed to a $1.6 billion reduction in debt compared to the previous year [4] - Goodyear's fourth quarter 2025 net sales were flat at $4.9 billion, with a full-year net sales decline of 3.2% to approximately $18.3 billion, resulting in a net loss of $1.7 billion [8] Financial Performance - Goodyear's divestitures and cash flow significantly improved its financial position, allowing for substantial debt reduction [4] - The company reported a net loss of $1.7 billion for the fourth quarter of 2025, contrasting with a net profit of $46 million in 2024 [8] - The corporate transformation plan, "Goodyear Forward," achieved $1.5 billion in savings, exceeding its initial goals [8] Operational Changes - Goodyear plans to spend approximately $130 million on various costs, including $65 million in tariffs, with additional expenses related to logistics and factory inefficiencies [7] - The company is reducing its workforce by 1,750 employees, with significant layoffs at the Danville, Virginia plant due to the elimination of commercial tire operations [5][6] - The focus of production at the Danville facility has shifted to rubber-mixing and aviation tires [6]

Core Viewpoint - Goodyear experienced significant financial distress in 2025, reporting a net sales decline of 3.2% to $18.3 billion and a net loss of $1.7 billion, contrasting sharply with a net profit of $46 million in 2024 [1][3] Financial Performance - In Q4 2025, Goodyear's net sales reached $4.9 billion, showing an organic growth of 4% after excluding asset sales; operating profit increased by 9% year-over-year to $416 million, with a profit margin improvement of 80 basis points [4] - The net profit for Q4 was $105 million, reflecting a nearly 44% year-over-year increase, indicating early success of cost-cutting measures [4] Strategic Transformation - Goodyear is aggressively pursuing its "Forward" strategic transformation, which includes shutting down century-old factories, divesting core assets, and laying off thousands of employees to secure future survival [3][6] - The company raised approximately $2.3 billion through the sale of non-core assets, exceeding its $300 million target, primarily to reduce debt and optimize capital structure [6] Global Factory Closures - The closure of the 125-year-old Fulda factory in Germany resulted in approximately 1,050 job losses, marking a significant shift in the region's industrial landscape [7] - Goodyear also plans to close the Pilsting factory in Germany by the end of 2027, following previous layoffs at the Hanau factory [7] - In South Africa, the Kariega factory was shut down after 78 years, leading to around 900 job losses, as part of a strategy to cut costs and respond to competition from Asian manufacturers [9] - The company has closed at least four factories in the Americas and Asia-Pacific regions, including locations in Malaysia and Danville, USA, while relocating 175 corporate positions from Akron, USA, to Costa Rica to lower labor costs [11] Industry Context - The decline in Goodyear's performance is attributed to weak demand in the commercial vehicle sector and tariff barriers, but a deeper issue lies in the competitive pressure from Asian tire manufacturers, particularly from China, which are gaining market share due to their cost advantages [12] - Despite high anti-dumping duties on Chinese tires in South Africa, Asian brands continue to maintain a strong presence, significantly impacting Goodyear's market position [12] Conclusion - Goodyear's 2025 financial report reflects a painful yet hopeful transformation, with a $1.7 billion loss representing a one-time reckoning of its previous bulky structure [14] - The company is transitioning from a full-spectrum tire giant to a more streamlined and efficient manufacturer focused on high-margin markets, as it seeks to navigate the ongoing reshaping of the global tire industry [16]

Economic Indicators - Nonfarm payrolls are expected to increase by +68,000 in January, with the unemployment rate remaining unchanged at 4.4% [1] - Average hourly earnings are projected to rise by +0.3% month-over-month and +3.7% year-over-year in January [1] - Initial weekly unemployment claims are anticipated to decrease by -7,000 to 224,000 [1] - Existing home sales in January are expected to decline by -4.3% month-over-month to 4.16 million [1] - January CPI is expected to rise by +2.5% year-over-year, with core CPI also expected to increase by +2.5% year-over-year [1] Retail Sales and Employment Costs - US December retail sales were unchanged month-over-month, falling short of expectations of +0.4% [2] - The employment cost index for Q4 rose by +0.7% quarter-over-quarter, which is the smallest increase in 4.5 years and below the expected +0.8% [2] Stock Market Performance - Stock indexes experienced mixed trading, with the Dow Jones reaching a new all-time high while the S&P 500 closed down -0.33% and the Nasdaq down -0.56% [6][5] - The broader market initially found support from weaker-than-expected retail sales and employment cost index reports, which lowered bond yields [5] Earnings Season Insights - Over half of the S&P 500 companies have reported earnings, with 78% beating expectations [7] - S&P earnings growth is expected to rise by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth [7] - Excluding the Magnificent Seven tech stocks, Q4 earnings are projected to increase by +4.6% [7] Interest Rates and Bond Market - The markets are pricing in a 23% chance of a -25 basis point rate cut at the next Federal Reserve meeting [8] - The 10-year T-note yield fell to a 3.5-week low of 4.13%, supported by weaker-than-expected economic reports [9] Sector Performance - AI-infrastructure stocks faced pressure, with Western Digital down more than -7% and other tech stocks also declining [12] - Wealth-management stocks dropped significantly, with Raymond James Financial down more than -8% due to concerns over AI disruption [13] - Homebuilding stocks rose after the drop in mortgage rates, with Toll Brothers up more than +6% [14] Company-Specific Developments - Goodyear Tire & Rubber Co reported Q4 adjusted EPS of 39 cents, below the consensus of 49 cents, leading to a decline of more than -14% [15] - Incyte forecasted dull-year total net product revenue of $4.77 billion to $4.94 billion, causing a drop of more than -8% [16] - Spotify reported a record 38 million monthly active users in Q4, leading to a rise of more than +17% [17]

Core Viewpoint - Goodyear Tire & Rubber reported a challenging fourth quarter in 2025, with revenue of $4.9 billion and segment operating income (SOI) of $416 million, marking the highest SOI and SOI margin in over seven years, despite facing significant headwinds in the industry [3][4][12]. Financial Performance - Fourth-quarter sales declined by 0.6% year-over-year due to lower volume and divestitures, while revenue per tire increased by 4% driven by an 8% rise in consumer replacement [2][4]. - SOI margin was 8.5%, up 1 percentage point excluding asset sales, with SOI increasing by approximately 9% year-over-year and 18% when adjusted for divestitures [1][3]. - Free cash flow exceeded $1.3 billion, contributing to a $1.6 billion reduction in net debt compared to the previous year [4][6]. Goodyear Forward Program - The Goodyear Forward transformation program has delivered $1.5 billion in run-rate benefits to date, with a focus on higher-value segments and an increase in new product launches by 30% compared to previous years [3][4]. - Management emphasized that the program's operational discipline will continue, aiming for a long-term SOI margin target of 10% [17]. Regional Performance - In the Americas, unit volume fell by 4% due to lower U.S. consumer replacement, with SOI at $233 million, representing just over 8% of sales [9]. - EMEA saw a 2% decline in unit volume, with SOI at $114 million (7.5% of sales), while Asia Pacific reported a 2% decline in unit volume but achieved an SOI of $69 million (13.1% of sales) [10][11]. Outlook and Challenges - For Q1 2026, management anticipates a 10% decline in volume driven by U.S. consumer replacement, alongside significant overhead costs and tariff impacts totaling approximately $130 million [12][16]. - The company expects only slightly positive free cash flow for 2026 in a base case scenario, reflecting ongoing challenges in the market [14].

Core Insights - Goodyear Tire & Rubber Company reported Q4 2025 earnings that beat sales expectations but missed on earnings per share, leading to a 15% drop in stock price [1] Financial Performance - Q4 2025 sales were $4.9 billion, slightly above the forecast of $4.8 billion, but earnings per share were only $0.39, below the expected $0.49 [1][5] - Sales were flat compared to 2024 but showed a 4% organic growth after accounting for the disposal of its Off-the-Road tire and Chemical businesses [5] - For the full year 2025, Goodyear's sales declined 2% to $10.8 billion, and operating profit margins fell by 170 basis points to 6.8% [6] - The company reported a significant loss of $5.99 per share in 2025, compared to a profit of $0.16 per share in 2024 [6] Debt and Valuation - Goodyear generated $170 million in positive free cash flow for the year, but it carries approximately $6.5 billion in net debt, which is more than twice its market capitalization of $3 billion [7] - The enterprise value-to-free cash flow ratio stands at 55x, indicating that Goodyear stock may be overvalued and is viewed as a sell [7]