Beacon Equity issues Technical Trading Overview for Goodyear Tire & Rubber Company
The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
(EMAILWIRE.COM, September 03, 2009 ) DALLAS, Texas - BeaconEquity.com announces an investment report featuring tire manufacturer Goodyear Tire & Rubber Company (NYSE: GT).
The investment report on Goodyear Tire & Rubber Company (NYSE: GT) should be of particular interest to other tire manufacturing companies: Cooper Tire & Rubber Co. (NYSE: CTB), Bridgestone Corp. ADR (OTC PK: BRDCY) and Continental AG (OTC PK: CTTAY).
It is available at: http://www.beaconequity.com/i/GT
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
The Goodyear Tire & Rubber Company (GT) is a leading manufacturer of tires worldwide. The Company operates 61 manufacturing facilities in 25 countries. Its business operates in four segments, including Europe, Middle East and Africa Tire (EMEA), Latin American Tire and Asia Pacific Tire.
In the report, the analyst notes:
“The Company reported weak demand for its products during the second quarter of 2009 due to the global recession. The industry experienced weak demand for replacement tires, and most prominently in the commercial market. Lower motor vehicle sales and overall declining world GDP in most of the world's economies contributed to lower revenue in all Company segments. The Company added, however, that signs of stability became evident late in the second quarter. The Company remains cautious in its outlook for the remainder of the year.
“The Company's strategic posture is defensive, with initiatives to downsize operations continuing through 2010. Management has embarked on a cost and capacity cutting strategy to achieve profitability, not unlike most manufacturers of consumer cyclical products since the recession began. As of the close of the second quarter, sales volume continued to decline, coinciding with the demand for new vehicles.”
To read the entire report visit: http://www.beaconequity.com/i/GT
See what investors are saying about these stocks at: http://www.stockhideout.com/
BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
The investment report on Goodyear Tire & Rubber Company (NYSE: GT) should be of particular interest to other tire manufacturing companies: Cooper Tire & Rubber Co. (NYSE: CTB), Bridgestone Corp. ADR (OTC PK: BRDCY) and Continental AG (OTC PK: CTTAY).
It is available at: http://www.beaconequity.com/i/GT
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
The Goodyear Tire & Rubber Company (GT) is a leading manufacturer of tires worldwide. The Company operates 61 manufacturing facilities in 25 countries. Its business operates in four segments, including Europe, Middle East and Africa Tire (EMEA), Latin American Tire and Asia Pacific Tire.
In the report, the analyst notes:
“The Company reported weak demand for its products during the second quarter of 2009 due to the global recession. The industry experienced weak demand for replacement tires, and most prominently in the commercial market. Lower motor vehicle sales and overall declining world GDP in most of the world's economies contributed to lower revenue in all Company segments. The Company added, however, that signs of stability became evident late in the second quarter. The Company remains cautious in its outlook for the remainder of the year.
“The Company's strategic posture is defensive, with initiatives to downsize operations continuing through 2010. Management has embarked on a cost and capacity cutting strategy to achieve profitability, not unlike most manufacturers of consumer cyclical products since the recession began. As of the close of the second quarter, sales volume continued to decline, coinciding with the demand for new vehicles.”
To read the entire report visit: http://www.beaconequity.com/i/GT
See what investors are saying about these stocks at: http://www.stockhideout.com/
BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Contact Information:
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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