Goodyear Tire & Rubber Company (GT)

Add a New Bulls Reason Company: Goodyear Tire & Rubber Company (GT) Current price: Headline: (100 character max) Analysis: Cancel 66% agree 9 votes edit Growth in Emerging Markets Top Contributor: J.D. Thornton | Created when NYSE:GT was $36.25 | Edit | History As many consumers in emerging markets become wealthier, they are demanding more and more automobiles. Goodyear stands to profit enormously from this trend by providing tires for these new markets. Due to management's decision early in the decade to aggressively pursue growth in developing economies, net sales for emerging markets increased 15% in 2007. (100 character max) Cancel 0% agree 0 votes edit Sale of Engineered Products segment will provide $1.5B in cash Top Contributor: Michael Luddy | Created when NYSE:GT was $36.25 | Edit | History The sale of Goodyear's Engineered Products segment will provide $1.5 billion in cash. That along with Goodyear's cost saving initiiatives could greatly reduce the pressure of the company's large debt. (100 character max) Cancel

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