Cooper Tire and Rubber News

Cooper Tire & Rubber Co. reported a first-quarter profit yesterday of $1.7 million, or 3 cents a share, down 92 percent from $21 million, or 34 cents a share, in the same period last year. via Toledo Blade

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“Economic conditions in North America certainly had a major impact on our result”

By LOU WILIN STAFF WRITER Cooper Tire on Wednesday reported first-quarter earnings fell 91.9 percent because of price increases for rubber and oil-derived tire ingredients, product liability claims and lower ... via TheCourier.com

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Cooper Tire & Rubber Co. on Wednesday reported a 92% plunge in first-quarter profit as demand for tires in the key North American market slipped at the same time the cost to make them increased. via MarketWatch

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Cooper Tire & Rubber Co. officials yesterday discussed plans to close three distribution centers, including one in Moraine, Ohio, next year and replace them with two larger facilities, one in the Midwest and ... via Toledo Blade

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“Many aspiring young drivers of the time chose to use Cooper.”

Team Primitive Arctic Challenger chose Cooper Tire's Weather-Master S/T 2 tires for their battle with the icy terrain of America's northernmost points during the 24th Alcan Winter Rally. via The Auto Channel

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A federal magistrate has postponed the July trial in the lawsuit brought by the families of those who died and the two survivors of the 2005 Utah State University van crash. via Salt Lake Tribune

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Trading on shares of Cooper Tire & Rubber was halted after the company reported that it expects first-quarter results to arrive "considerably" below expectations due to increased raw-materials costs, product ... via SchaeffersResearch.com Daily Market Blog

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As a result of the challenging economic environment, the Company expects to report modest earnings for the quarter ended March 31, 2008. via The Auto Channel

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Cooper Tire & Rubber Co. says its first-quarter earnings will come in well below Wall Street estimates. via WHIO-AM Dayton

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“We encourage all Cooper employees, tire dealers and customers to properly maintain their tires to ensure safer vehicles and safer roads. Proper tire care also improves a vehicle's gas mileage, which saves consumers money and benefits the environment.”

Tire dealers throughout the Buckeye State are getting a publicity bump from Ohio Gov. via Motor Age

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