Goodyear Tire & Rubber Co. (GT) on Friday reported a profit for the second-quarter compared to a loss in the prior year. Quarterly sales rose 86 percent from last year, driven by higher volume, the Cooper Tire merger, increased sales from other tire-related businesses and favorable foreign currency translation. Both adjusted earnings per share and revenue beat analysts' estimates.
In Friday pre-market trade, GT was trading at $15.64 up $0.38 or 2.49 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.