goodyear tire & rubber co (GT:NASDAQ GS)
goodyear tire & rubber co (GT) Key Developments
The Goodyear Tire & Rubber Company has introduced its newest performer, the Eagle Sport All-Season. Initial sizes of the new Eagle tire are available at thousands of retail outlets, with a full lineup of 47 sizes offered by the end of 2013. The full range of tire sizes will allow Goodyear to offer Eagle Sport All-Season fitments for everything from Honda Accord to Audi A4 and Ford Mustang vehicles. The Eagle Sport All-Season is designed for responsiveness, all-season traction, and outstanding wet and dry handling with performance drivers in mind. An asymmetric tread pattern, which includes angled tread block edges, helps provide responsive handling and grip while reducing road noise and promoting even wear. Another key feature of the new tire is its ability to maintain a large tread surface area - its footprint on the road surface - even at light loads. This helps provide consistent performance across a wide range of vehicles. Additionally, the new tire offers these technical features: outstanding wet and dry performance with enhanced grip in ice and snow from an innovative tread compound. Confident grip as the tire wears as a result of numerous full-depth tread sipes. Enhanced wheel protection against accidental curb damage from its rim protector. The Eagle Sport All-Season carries a 50,000-mile/80,000-kilometer tread life limited warranty, is tunable for original equipment applications, carries V- and W-speed ratings, and the 47 replacement sizes will cover most of the popular cars on the road.
Goodyear Tire & Rubber Co. has declared a quarterly dividend of 73.44 cents per share of mandatory convertible preferred stock. The dividend is payable on July 1, 2013, to shareholders of record on June 14, 2013. The payout represents an annual rate of $2.9375 per share.
The management of plant in Amiens of Goodyear Tire & Rubber Co. (NasdaqGS:GT) said it failed to find a buyer for the plant and has now decided that the facility will be closed down.
Goodyear Tire & Rubber Co. Presents at KeyBanc Industrial, Automotive & Transportation Conference, May-29-2013 10:00 AM. Venue: InterContinental Boston Hotel, 510 Atlantic Avenue, Boston, Massachusetts, United States. Speakers: Darren R. Wells, Chief Financial Officer and Executive Vice President.
The Goodyear Tire & Rubber Company announced the opening of its new Global Headquarters in Akron. The 639,000 square foot Global Headquarters building is home to nearly 2,000 corporate and North American Tire associates. The new building is connected to Goodyear's existing Innovation Center and serves as a central campus for the company in Akron.

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Industry Analysis
GT
Industry Average
| Valuation | GT | Industry Range |
| Price/Earnings | 16.9x |
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| Price/Sales | 0.2x |
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| Price/Book | 102.2x |
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| Price/Cash Flow | 14.8x |
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| TEV/Sales | NM | Not Meaningful |
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