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Gainers: RealNetworks (RNWK) +32%. Cooper Tire & Rubber (CTB) +31%. trivago (TRVG) +27%. The Goodyear Tire & Rubber (GT) +25%. Xcel Brands (XELB) +20%.Losers: Birks Group (BGI) -15%. Glory Star New Media Group Holdings (GSMG) -12%. Globalstar (GSAT) -12%. Xunlei (X...
Shares of Cooper Tire & Rubber (NYSE: CTB) were surging today after the company said it had agreed to be acquired by Goodyear Tire & Rubber (NASDAQ: GT) for $2.8 billion in a cash-and-stock deal that's equivalent to $54.36 per share. That represents a 24% premium to ...
The Goodyear Tire & Rubber Company (NASDAQ: GT) and Cooper Tire & Rubber Company (NYSE: CTB) reported entry into a definitive transaction agreement where Goodyear will acquire Cooper in a transaction with an enterprise value of USD 2.5 Billion. The transa...
Goodyear Tire & Rubber (NASDAQ: GT) will further secure its position as the biggest tire maker in the U.S. after announcing it will acquire the nation's fifth-largest tire company, Cooper Tire & Rubber (NYSE: CTB) , for about $2.8 billion in a cash and stock deal. ...
Goodyear's (GT) planned $2.8b acquisition of Cooper Tire (CTB) is a "rare instance of a clear, great deal for both parties," according to Keybanc. Cooper Tired surged 26%, while Goodyear jumped 12%."We believe this acquisition represents a clear win for both companies, with CTB shareholders g...
ReTo Eco-Solutions (RETO) +132%.ATIF Holdings Limited (ATIF) +70% on establishing SPAC department to plan establishment of SPAC.Xcel Brands (XELB) +52%.Celsion Corporation (CLSN) +48% after receiving FDA fast track designation for GEN-1.Can-Fite BioPharma (CANF) +28% on p...
The Goodyear Tire & Rubber Company (GT) to acquire Cooper Tire (CTB) for $41.75/share in cash and a fixed exchange ratio of 0.907 shares of Goodyear common stock per Cooper share for a total equity value of ~$2.8B, the implied cash and stock consideration to be received by Cooper sharehol...
Cooper Tire & Rubber (CTB): Q4 GAAP EPS of $0.75 misses by $0.23.Revenue of $728M (-3.0% Y/Y) misses by $4.68M.Press Release For further details see: Cooper Tire & Rubber EPS misses by $0.23, misses on revenue
Cooper Tire & Rubber Company (NYSE: CTB) today reported full year 2020 net income of $143 million, or diluted earnings per share of $2.83, compared with net income of $96 million, or $1.91 diluted earnings per share, for the prior year. Full Year 2020 Highlights Global...
Goodyear to Acquire Cooper, Creating Stronger U.S.-Based Leader in Global Tire Industry - Strengthens Leadership Position in Global Tire Industry - Combines Two Complementary Brand Portfolios with a Comprehensive Offering Across the Value Spectrum - Provides Significant,...
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It's a great time to be in the auto industry with strong demand and a shortage of new cars. It's leading to a boom in profits for companies in the industry like Advanced Auto Parts (AAP), Cooper Tire & Rubber (CTB), and Toyota Motor Corporation (TM). The automobile market has taken qu...
SelectQuote Set to Join S&P SmallCap 600 SelectQuote Set to Join S&P SmallCap 600 PR Newswire NEW YORK , June 7, 2021 /PRNewswire/ -- SelectQuote Inc. (NYSE:SLQT) will replace Cooper Tire & Rubber Co. (NYSE:CTB) in the S&P SmallCap 600 ef...
Shares of Cooper Tire & Rubber Company (NYSE:CTB) traded at a new 52-week high today of $60.40. So far today approximately 94,000 shares have been exchanged, as compared to an average 30-day volume of 481,000 shares. In the past 52 weeks, Cooper Tire & Rubber Company share prices...