UPDATE 1-Tire maker Goodyear to invest C$575 million to upgrade Canada plant Updates with statement from prime minister's office throughout OTTAWA, Aug 12 (Reuters) - The Canadian unit of Goodyear Tire & Rubber Co GT.O will invest over C$575 million ($418.4 million) to upgrade its plant in Napanee, Ontario, Prime Minister Justin Trudeau said on Monday.

Tire maker Goodyear to invest C$575 million to upgrade Canada plant OTTAWA, Aug 12 (Reuters) - The Canadian unit of Goodyear Tire & Rubber Co GT.O will invest over C$575 million ($418.4 million) to upgrade its plant in Napanee, Ontario, the provincial government said on Monday. The project to modernize and expand the plant will create 200 new jobs by 2027 and secure 1,000 jobs in Napanee, Ontario Premier Doug Ford's office said in a statement.

Goodyear Tire & Rubber Co reports results for the quarter ended in June - Earnings Summary Goodyear Tire & Rubber Co GT.OQ reported quarterly adjusted earnings of 19 cents​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of -34 cents. The mean expectation of eight analysts for the quarter was for earnings of 13 cents per share.

Goodyear Tire & Rubber Co expected to post earnings of 13 cents a share - Earnings Preview Goodyear Tire & Rubber Co GT.OQ GT.O is expected to show a fall in quarterly revenue when it reports results on July 31 for the period ending June 30 2024 The Akron Ohio-based company is expected to report a 3.3% decrease in revenue to $4.78 billion from $4.94 billion a year ago, according to the mean estimate from 7 analysts, based on LSEG data.

Michelin's half-year operating margin increases despite instability in Europe July 24 (Reuters) - French tyre maker Michelin MICP.PA reported a 4.2% drop in half-year sales on Wednesday, slightly below analysts' expectations, citing an unstable economic environment in Europe and a weak performance in the French market. But the company managed to increase its segment operating margin thanks to its pricing policy.

BUZZ-U.S. STOCKS ON THE MOVE-Walt Disney, Mattel, Tellurian Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq recouped some of the previous week's losses on Monday, as investors reexamined the chances of a second presidential term for Republican nominee Donald Trump after U.S.

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Deals of the day-Mergers and acquisitions Adds: Mattel, Tellurian Updates: Clearwater Paper, Agilent July 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1955 GMT on Monday: * * L Catterton, the private equity firm backed by luxury goods giant LVMH LVMH.PA , has approached Mattel MAT.O , the toy maker behind Barbie and Hot Wheels, with an acquisition offer, people familiar with the matter said.

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UPDATE 1-Goodyear to sell Off-the-Road tire business to Yokohama for $905 million Adds details throughout, recasts July 22 (Reuters) - Goodyear Tire & Rubber GT.O w ill sell its Off-the-Road equipment tire business to Japan's Yokohama Rubber 5101.T for $905 million in cash, it said on Monday, as part of a drive to streamline its business. Goodyear last year announced plans to cut costs and slim down its portfolio of businesses, including its chemical unit, its Dunlop brand and the Off-the-Road u

BUZZ-Goodyear Tire rises after $905 mln deal to sell its off-road unit to Yokohama Rubber ** Shares of Goodyear Tire & Rubber Co GT.O rise 1% to $12.22 premarket ** Co says it has signed a definitive agreement to sell its off-the-road tire business to Yokohama Rubber Company for $905 million in cash ** Goodyear will retain its business providing off-road tires for U.S.

Deals of the day-Mergers and acquisitions July 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday: ** British shopping mall owner Hammerson HMSO.L said it is selling its 42% stake in luxury shopping centre operator Value Retail to LVMH-backed private equity firm L Catterton for an enterprise value of 1.5 billion pounds ($1.94 billion).

Goodyear to sell Off-the-Road tire business to Yokohama for $905 million July 22 (Reuters) - Goodyear Tire & Rubber GT.O announced on Monday it will sell its Off-the-Road tire business to Japan's Yokohama Rubber 5101.T for $905 million in cash, as part of its strategic transformation plan. Reporting by Surbhi Misra in Bengaluru

BRIEF-Yokohama Rubber Co: Agreed To Buy Goodyear's Off-The-Road Tyre Business For $905 Million July 22 (Reuters) - Yokohama Rubber Co Ltd 5101.T : YOKOHAMA RUBBER CO LTD - AGREED TO BUY GOODYEAR'S OFF-THE-ROAD TYRE BUSINESS Source text for Eikon: ID:nTSsv86e63 Further company coverage: 5101.T

Deals of the day-Mergers and acquisitions Adds National Basketball Association, Google and ArcelorMittal July 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1 945 GMT on Wednesday: * * Google-parent Alphabet GOOGL.O has abandoned its plans to buy online marketing software company HubSpot HUBS.N , Bloomberg News reported, citing people familiar with the matter.

BUZZ-Goodyear Tire up after report of Yokohama's plans to buy co's unit updates ** Shares of Goodyear Tire & Rubber Company GT.O rise 4.4 % to ~$ 11 ** Japan's Yokohama Rubber 5101.T in talks to buy tire maker's off-road tire business for at least $1 bln - Bloomberg News * * Yokohoma Rubber confirms it is considering buying the business, did not pr

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Deals of the day-Mergers and acquisitions Adds Honeywell, Access World, CK Hutchison, North Sea oil, Yandex, BP, Genstar, Advanced Micro Devices; updates Crest July 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** Saudi Arabia has raised a total of $12.35 billion from a secondary share sale in Aramco 2223.SE , after the Saudi oil giant exercised an over-allotment option, a document seen by Reuters showed.

BUZZ-U.S. STOCKS ON THE MOVE-Manchester United, Tesla, Illumina Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street looked set to open higher on Wednesday as strength in shares of its biggest companies fueled a record rally, with Federal Reserve Chair Jerome Powell's remarks and crucial inflation data expected to offer more direction this week.