Bridgestone Corp (ADR)

  • The Synergies in the Apollo-Cooper Deal

    By Saurabh Mishra - July 29, 2013 | Tickers: BRDCY, CTB, MGDDY.PK, GT

    That investors punished Apollo after the announced acquisition of Cooper (NYSE: CTB) for $2.5 billion in cash is not new in financial markets. In most acquisitions, the shareholders of the target firm walk away with great benefits and the markets punish the acquirer stating, 'Did you pay too much?'

    The graph below demonstrates the stock price movements of both the companies before and after announcement of the acquisition deal more »

  • Did Cooper Tire & Rubber Get a Good Buyout Offering Price?

    By Anh HOANG - June 28, 2013 | Tickers: BRDCY, CTB, GT

    Recently, Cooper Tire & Rubber (NYSE: CTB) received a buyout offer from an Indian high-performance tire manufacturer, Apollo Tyres. Apollo would like to acquire Cooper Tire & Rubber at around $35 per share, which is 40% higher than the company’s 30-day volume-weighted average price. The total transaction is worth around $2.5 billion. However, a company’s shareholder has commented that an offer of $35 per share was too low. Let more »

  • This Undervalued Tire Company Is Smoking Estimates

    By Daniel James - May 6, 2013 | Tickers: BRDCY, CTB, GT

    The recovery in the US auto market is a fact, as evidenced by a significant increase in sales. One way to play this recovery is buying stocks of automakers. However, several commentators have pointed to the possibilities inherent in auto parts manufacturers, which often provide strong growth at attractive valuations. This often neglected industry may prove to be an enticing alternative to traditional car manufacturers. One company, Cooper Tire & Rubber more »

  • Big Upside in Store for This Tire Manufacturer

    By Piyush Arora - October 30, 2012 | Tickers: BRDCY, CTB, GT

    The unemployment rate in the US recently slid to 7.8%, which is the lowest level in the last 4 years.  Whenever people have disposable income in a low interest rate environment, they are more likely to spend it. Consumer spending is also witnessing an upside, which analysts believe is lifting the US economy. The Federal Reserve’s plan to revive the economy by monthly injections of $40 billion seems more »

  • Titan – Is it Really Moving the World?

    By Madhuchhanda Chatterjee - October 4, 2012 | Tickers: BRDCY, MGDDF, TWI

    The leader in tire manufacturing, Titan Inc. has faced its ups and downs. But despite everything, it has persevered, moving on to occupy a well-respected position in the global market. Let us take a more careful look at the company.

    Titan originally started its business, as the "Titan Tire Corporation” in 1993, manufacturing only various off-the-road tires. They continued expanding their product offering and reach by purchasing the off-road tire more »