Goodyear Makes Contract Offer Direct to Workers

10th November 2006 | 0 Comments
 

Immediately following the news that Goodyear would publish details of the progression of its negotiations with the United Steelworkers on a special website (www.goodyearnegotiations.com), the manufacturer published a copy of the letter it posted to the homes of all striking Goodyear Steelworkers in the US beginning on 8 November, along with a summary of the offer Goodyear made to the USW on 27 October.

Goodyear stock soared more than 16 per cent on 9 November after beating expectations with news about its quarterly earnings and sales. At the close of trading on the 9 November share traded on the New York Stock Exchange were valued at $17.67 per share.

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Category: Product News

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