Goodyear Tire&Rubber Co. Outlook Revised To Stable From Negative On Better Tire Demand Globally; 'BB-' Rating Affirmed - S&P Global Ratings’ Credit Research

Goodyear Tire&Rubber Co. Outlook Revised To Stable From Negative On Better Tire Demand Globally; 'BB-' Rating Affirmed

Goodyear Tire&Rubber Co. Outlook Revised To Stable From Negative On Better Tire Demand Globally; 'BB-' Rating Affirmed - S&P Global Ratings’ Credit Research
Goodyear Tire&Rubber Co. Outlook Revised To Stable From Negative On Better Tire Demand Globally; 'BB-' Rating Affirmed
Published Nov 24, 2010
Published Nov 24, 2010
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About This Report

  
Abstract:

Better consumer and commercial tire demand around the world have boosted Goodyear's sales and profits in 2010. We expect tire demand in 2011 to continue growing at a gradual pace in North America and Europe and at a faster pace in Asia. We believe Goodyear will use less cash in 2010 and 2011 than we previously assumed because its operating performance and working capital management are better than we expected. We are revising our outlook to stable from negative and affirming all our ratings on the company, including the 'BB-' corporate credit rating. NEW YORK (Standard&Poor's) Nov. 24, 2010--Standard&Poor's Ratings Services today said it has revised its outlook on The Goodyear Tire&Rubber Co. to

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Tires & Rubber (25101020)
Sector
Global Issuers , Structured Finance
Country
Region
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Goodyear Tire&Rubber Co. Outlook Revised To Stable From Negative On Better Tire Demand Globally; 'BB-' Rating Affirmed" Nov 24, 2010. Alacra Store. May 07, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Goodyear-Tire-Rubber-Co-Outlook-Revised-To-Stable-From-Negative-On-Better-Tire-Demand-Globally-BB-Rating-Affirmed-833400>
  
APA:
S&P Global Ratings’ Credit Research. (). Goodyear Tire&Rubber Co. Outlook Revised To Stable From Negative On Better Tire Demand Globally; 'BB-' Rating Affirmed Nov 24, 2010. New York, NY: Alacra Store. Retrieved May 07, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Goodyear-Tire-Rubber-Co-Outlook-Revised-To-Stable-From-Negative-On-Better-Tire-Demand-Globally-BB-Rating-Affirmed-833400>
  
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