CLSA Upgrades Goodyear Tire & Rubber (GT) to Outperform

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Go back to CLSA Upgrades Goodyear Tire & Rubber (GT) to Outperform

Goodyear Reports Record Fourth Quarter, Full-Year 2015 Results; Announces Increased Share Repurchase Program

February 9, 2016 7:46 AM EST

AKRON, Ohio, Feb. 9, 2016 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported results for the fourth quarter and full year of 2015.

"I'm extremely pleased with our outstanding results as we delivered 18 percent growth in full-year segment operating income, exceeding $2 billion for the first time in our 117-year history," said Richard J. Kramer, chairman and chief executive officer. "Our success has enabled us to execute on all facets of our capital allocation plan, delivering long-term shareholder... More