AKRON, Ohio, Feb. 9, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) said today it will participate in a fireside chat during Wolfe Research's Global Auto and Auto Tech Conference on Feb. 15, 2024, at 1:40 p.m. EST. Rod Lache, managing director at Wolfe Research, will host Christina L. Zamarro, executive vice president and chief financial officer, in a fireside chat. A live webcast of the event will be available on the company's investor relations website: http://investor.goodyear.com. ...

Key PointsGoodyear is the nation's largest replacement tire company, benefitting from the electric vehicle (EV) tire tailwind.EVs tend to wear out tires 5X faster than gas-powered cars, usually requiring replacements from 10,000 to 30,000 miles compared to 55,000 to 75,000 miles for gas-engine vehicles.Goodyear has a new CEO from Stellantis and is considering selling or spinning off three non-core assets, including its chemical, Dunlop, and off-the-road segments.5 stocks we like better than Goodyear Tire & ...

Company Announcement - Goodyear Tire & Rubber Company has appointed Greg Shank as the senior director of Investor Relations, reporting to Christina Zamarro, the executive vice president and Chief Financial Officer [1] - Christina Zamarro highlighted Greg Shank's deep knowledge of the business and strong communication skills, which will benefit the investment community [1] - Christian Gadzinski, the previous senior director of Investor Relations, will transition to a new role supporting Goodyear's Commercial Tire business in North America [1] Background of Greg Shank - Prior to his new role, Greg Shank served as the director of Financial Planning & Analysis for the Americas business unit and has been with Goodyear since 2008 [2] - Shank has held various finance roles within the Americas, contributing to his extensive experience in the company [2] Company Overview - Goodyear is one of the largest tire companies globally, employing approximately 74,000 people and operating 57 manufacturing facilities across 23 countries [3] - The company has two Innovation Centers located in Akron, Ohio, and Colmar-Berg, Luxembourg, focused on developing advanced products and services that set industry standards [3]

"The GP-3E is a tough, all-purpose tire for job sites with challenging environments that need versatility and traction," said Loic Ravasio, general manager, Goodyear Global & Americas OTR. "The innovative, lightweight design of the GP-3E tire helps drive efficiency and an optimized cost per hour for the job at hand." The GP-3E is equipped with the following features and benefits: New tread design balances traction and treadwear for a variety of applications. Multiple steel belt construction optimizes uptim ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...

Goodyear (GT) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Powell Industries, Inc. (POWL) : This custom equipment manufacturer has seen the Zacks Consensus Estimate for its current year earnings increasing 35.1% over the last 60 days.The Goodyear Tire & Rubber Company (GT) : This tire manufacturer has seen the Zacks Consensus Estimate for its current year earnings increasing 40% over the last 60 days.Zuora, Inc. (ZUO) : This subscription management platform provider has seen the Zacks Consensus ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, January 22:The Goodyear Tire & Rubber Company (GT) : This tire manufacturer carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 40% over the last 60 days.The Goodyear Tire & Rubber Company has a price-to-earnings ratio (P/E) of 8.91, compared with 73.90 for the industry. The company possesses a Value Score of A.Powell Industries, Inc. (POWL) : Thi ...

Kramer to Retire as Chairman, CEO and President Laurette Koellner, Independent Lead Director, Named Board Chair AKRON, Ohio, Jan. 18, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that Mark Stewart has been elected Chief Executive Officer and President, effective January 29, 2024. He will succeed Richard J. Kramer, who previously announced his planned retirement from the company following 24 years of service, including 14 as Chairman, CEO and President. On the effectiv ...

High-end tire technology is useful for electric vehicles, and helps enable self-driving cars, too. ...