Cooper Tire & Rubber Co. reported net sales of $796 million for its first quarter of 2014, a decrease of $65 million compared with the same period a year ago. Operating profit for the quarter was $81 million, which is $16 million lower than ...
Tags: auto, tire, tyre, Auto Parts
Carroll Tire Co. has hired John Kairys as executive vice president and general manager. He joins the TBC Corp. subsidiary after 15 years with Cooper Tire & Rubber Co. At Cooper, Kairys oversaw the development of key accounts and the ...
Exhibit space is sold out for the 2014 Latin American & Caribbean Tyre Expo, July 23-25 at the Atlapa Convention Center in Panama City, Republic of Panama. Organizers announced speakers for the event, which is expected to draw 3,500 ...
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Cooper Tire & Rubber Co. re-introduced its Roadmaster brand at the 2014 Mid-America Trucking Show (MATS) in Louisville, Ky. The company showcased two premium truck tires at the show: 1. the RM234, a regional all-position tire designed ...
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Cooper Tire & Rubber Co. released its third-quarter 2013 results on February 28. Despite a $168,000 loss attributable to the company, Cooper will report positive net income for the fourth quarter, according to Chairman, CEO and President ...
Tags: Tire, Cooper Tire&Rubber
Cooper Tire & Rubber Co. announced that its Clarksdale, Miss., plant was accepted into the Mississippi Department of Environmental Quality’s (MDEQ) enHance program for its record of landfill and energy usage reductions. ...
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Cooper Tire and Rubber Co. has reached an agreement with its Chinese partner and the labor union representing its Chinese employees to resume regular financial reporting and determine the future ownership of its Chinese plant. The ...
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Cooper Tire & Rubber Co. announced its CS3 Touring tire has earned a 2013 Good Design Award for innovation and quality. The company introduced the mid-range touring tire in June 2013. The award was presented by the Chicago Anthenaeum: ...
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Cooper Tire & Rubber Co. announced its Chinese joint venture partner, Cooper Chengshan (Shandong) Tire (CCT), will begin to provide financial and operational information needed to meet federal financial reporting requirements. Cooper says ...
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Cooper Tire & Rubber Co. Cooper Tire & Rubber Co. said it will pursue a $112.5 million "reverse termination fee" after ending its attempt to acquire Apollo Tyres. The $2.5 billion acquisition deal had been in doubt for months after ...
Tags: Cooper, reverse termination fee, Apollo Tyres, acquisition
It is not surprising that tire industry analysts are re-evaluating the stock of Cooper Tire & Rubber Co. following the termination of its "merger agreement" with Apollo Tyres Ltd. on Dec. 30, 2013. Nick Mitchell, senior vice president for ...
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Cooper Tire & Rubber Co. has terminated its merger agreement with Apollo Tyres Ltd. And Apollo is not happy about it. "Apollo is disappointed that Cooper has prematurely attempted to terminate our merger agreement," says the company. ...
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Cooper Tire & Rubber Co. announced it has terminated the merger agreement with Apollo Tyres Ltd. "It is time to move our business forward," says Cooper CEO and Chairman Roy Armes. "While the strategic rationale for a business ...
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Cooper Tire & Rubber Co. said it will pursue damages against Apollo Tyres Ltd. in a webcast following the announcement of its decision to terminate the merger agreement. The company answered questions previously submitted by investors, ...
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U.S. Sens. Rob Portman and Sherrod Brown and Reps. Bob Latta and Jim Jordan sent a letter to Secretary of State John Kerry, Secretary of Commerce Penny Pritzker and U.S. Trade Representative Ambassador Mike Froman urging government ...
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