BRDCF News and Press, Bridgestone Corp. From 07/10/23

2023-07-10 14:19:11 ET Summary Goodyear shareholders have experienced abysmal returns for nearly two decades, and the current management team appears to be as entrenched as ever. Activist investor Elliot Management has acquired a 10% stake in Goodyear and plans to appoint five ind...

2023-07-08 10:06:10 ET Summary The macroeconomic environment in Japan, including yen weakness and fiscal stimulus, has benefited tire company Bridgestone, but the company's valuation appears full at a micro level. Bridgestone's Q1 sales were boosted by favorable exchange rates and...

2023-05-16 23:13:07 ET Bridgestone Corporation (BRDCY) Q1 2023 Earnings Conference Call May 15, 2023, 03:00 AM ET Company Participants Shuichi Ishibashi - Global CEO Naoki Hishinuma - CFO Conference Call Participants Mr. Sakaguchi - Mizuho Securities ...

2023-05-12 18:53:27 ET Summary Shares of The Goodyear Tire & Rubber Company soared over the past two days following interest from activist investor Elliott Investment Management. The firm has taken a roughly 10% interest in Goodyear and is pushing for significant leadership an...

2023-04-21 07:43:53 ET Summary Bridgestone's weak Q4 demand for general tires in US and Europe signals that dealers aren't confident about continued pent-up demand for automotive mobility. We think the yen could come back online and that will hurt Bridgestone's relative appeal to ...

Bridgestone Corporation (BRDCY) Full Year 2022 Earnings Conference Call February 16, 2023 1:00 AM ET Company Participants Shuichi Ishibashi – Global Chief Executive Officer Naoki Hishinuma – Chief Financial Officer Conference Call Participants Shi...

Bridgestone Corporation (BRDCY) Q3 2022 Earnings Conference Call November 10, 2022, 01:00 AM ET Company Participants Shuichi Ishibashi - Global CEO Masuo Yoshimatsu - Global CFO Conference Call Participants Shiro Sakamaki - Daiwa Securities Presenta...

Summary Shimano's Q2 FY12/2022 results indicated signs of cost inflation with gross margins being weaker than expected. We expect bike sales units to fall YoY in the key European market, hence current consensus forecasts appear too bullish. Valuations on consensus forecasts ar...

Summary A new premium tire is born and will support the EV segment. Bridgestone raised the bar with a new plan until 2030. Short-term challenges weigh on the stock price. We wait and see for now. After analyzing Michelin's half-year performance and its Russian ...

Summary Bridgestone posted a resilient set of quarterly results despite the inflationary headwinds. Guidance has been raised, but there remains ample room for future beats and raises. With the stock trading at relatively undemanding levels, I am bullish heading into the upcomi...