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You are here: Home1 / News2 / Product News3 / Goodyear’s Pension Funded Status worrying

Goodyear’s Pension Funded Status worrying

Date: 7th January 2004 Author: Admin Comments: 0

While the US- Automobile Industry and most of the suppliers could improve their pension fund positions, Goodyear is, according to analysts, an exception. Compared with liabilities of 2.2 billion US-Dollars at the year end 2002; those could now have risen to 3 billion US-Dollars. Analysts from Deutsche Bank do not see potential for Goodyear shares and recommend a
cautious stance. They still have doubts that Goodyear can manage the long awaited turnaround in North America this year despite the fact that the
markets as well as the tyre replacement market have shown strong improvements.

Related news:

  1. Goodyear Shares Lowered to Sell Rating
  2. Analysts: Goodyear Poised for Growth
  3. Goodyear, Cooper Share Values Drop
  4. Goodyear Common Stock Offering Closes
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analysts, Deutsche Bank, Goodyear, North America, shares, USA

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