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Cooper Tire & Rubber Co (CTB.N)

CTB.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

COOPER TIRE & RUBBER REPORTS Q3 EARNINGS PER SHARE $1.18
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Cooper Tire & Rubber Co :​:COOPER TIRE & RUBBER COMPANY REPORTS THIRD QUARTER 2017 RESULTS; MANAGEMENT UPDATES GUIDANCE.Q3 EARNINGS PER SHARE $1.18.Q3 SALES $734 MILLION VERSUS I/B/E/S VIEW $787.6 MILLION.Q3 EARNINGS PER SHARE VIEW $0.85 -- THOMSON REUTERS I/B/E/S.QTRLY ‍CONSOLIDATED UNIT VOLUME DECREASED 2.0 PERCENT COMPARED TO PRIOR YEAR​.SEES Q4 ‍OPERATING MARGIN BELOW PREVIOUS MID-TERM TARGET OF 8 PERCENT TO 10 PERCENT.SEES ‍FULL YEAR 2017 CAPITAL EXPENDITURES BETWEEN $190 MILLION AND $210 MILLION​.SEES ‍FY 2017 CONSOLIDATED OPERATING MARGIN NEAR HIGH END OF PREVIOUS MID-TERM TARGET OF 8 PERCENT TO 10 PERCENT.SEES MODEST SEQUENTIAL INCREASE IN RAW MATERIAL COSTS​ IN Q4.  Full Article

Cooper Tire & Rubber says appointed Bradley Hughes COO on Aug 3
Saturday, 6 Aug 2016 

Cooper Tire & Rubber Co : On August 3, board appointed Bradley Hughes as president and chief executive officer effective immediately . Hughes will no longer serve as company's senior vice president and chief operating officer Source: (http://bit.ly/2aLzipF ) Further company coverage: [CTB.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Cooper Tire & Rubber Q2 earnings per share $1.27
Thursday, 4 Aug 2016 

Cooper Tire & Rubber Co : Q2 earnings per share $1.27 . Q2 earnings per share view $1.02 -- Thomson Reuters I/B/E/S . Cooper Tire & Rubber Company reports second quarter 2016 results . Q2 sales $740 million versus i/b/e/s view $743.2 million . Q2 raw material costs increased 3 percent from q1 of 2016, in line with company's expectation . Anticipates Q3 raw material costs will be up modestly from Q2 . Unit volume growth is expected in each of company's segments in second half of 2016 . Capital expenditures, excluding impact of acquisitions, are expected to range from $210 million to $240 million for year .Expects a non-cash pension settlement charge of $14 million to $18 million in Q3 of 2016.  Full Article

Cooper Tire & Rubber sets quarterly dividend of $0.105 per share
Friday, 6 May 2016 

Cooper Tire & Rubber Co :Sets quarterly dividend of $0.105per share.  Full Article

Cooper Tire & Rubber Company says CEO Roy.V.Armes to retire
Tuesday, 23 Feb 2016 

Cooper Tire & Rubber Company:Says Roy V. Armes, Chairman, Chief Executive Officer and President, intends to retire effective August 31, 2016.Board of Directors plans to elect Bradley E. Hughes as President and Chief Executive Officer effective upon Armes' retirement.Director Thomas P. Capo is expected to become Non-Executive Chairman of the Board effective upon Armes' retirement.  Full Article

Cooper Tire & Rubber Company extends and increases share repurchase program up to $200 million
Tuesday, 23 Feb 2016 

Cooper Tire & Rubber Company:Extended and increased its share repurchase program by authorizing the repurchase of up to $200 million of the company's outstanding common stock through Dec. 31, 2017.Says $200 million authorization replaces the $74 million remaining on authorization from February 2015.  Full Article

Cooper Tire & Rubber Company Declares Quarterly Dividend
Friday, 19 Feb 2016 

Cooper Tire & Rubber Company:quarterly dividend of 10.5 cents per share on common stock.payable March 31, 2016, to stockholders of record at the close of business March 3, 2016.  Full Article

Cooper Tire & Rubber Co to acquire majority interest in China JV
Wednesday, 6 Jan 2016 

Cooper Tire & Rubber Co:To acquire majority interest in China joint venture for truck and bus radial (tbr) tire production.Says deal valued at $93 million.Says Cooper will own 65 percent of the entity.Says to purchase a majority of China-based Qingdao GE rui da rubber co., ltd.  Full Article

BRIEF-COOPER TIRE & RUBBER REPORTS Q3 EARNINGS PER SHARE $1.18

* COOPER TIRE & RUBBER COMPANY REPORTS THIRD QUARTER 2017 RESULTS; MANAGEMENT UPDATES GUIDANCE