Goodyear Tire & Rubr Co Stock Price, News & Analysis

Goodyear (NASDAQ: GT) announced the donation of its last remaining GZ20-era blimp gondola frame to the EAA Museum for a new children's exhibit. The historic gondola previously served on the Europa blimp in the 1980s and the Stars and Stripes in the early 2000s.

As part of the Goodyear Blimp's 100th anniversary celebration, the company is also offering fans a limited-edition keepsake containing a genuine piece of the Spirit of Goodyear blimp envelope, with a portion of proceeds benefiting the EAA Museum. The Spirit of Goodyear holds the Guinness World Record for longest continuously operated airship.

Additionally, Goodyear will showcase two blimps at the 2025 EAA AirVenture Oshkosh show - Wingfoot One with a vintage-inspired wrap and Wingfoot Two featuring an LED sign - marking the first time two Goodyear blimps will appear at the event.

Hair Center of Turkey, one of the top 5 hair transplant clinics in Turkey, has highlighted its comprehensive services and success in medical tourism. The clinic has performed over 8,000 successful procedures and offers services starting at $2,000, significantly lower than Western prices of $7,000-$10,000.

The clinic provides VIP services including luxury transfers, 5-star hotel accommodation, post-operative care kits, and complimentary PRP sessions. Led by Dr. Rasime Erkan and specialist Zehra Özer, the facility maintains strict quality standards with limited daily operations and offers support in over 10 languages.

Goodyear Tire & Rubber Company (NASDAQ: GT) has appointed Ryan Reed as its new Vice President of Investor Relations, effective July 14, 2025. Reed will report to Christina Zamarro, Executive Vice President and Chief Financial Officer.

Reed brings over 15 years of experience in investor relations, corporate development, and financial planning. He previously served as Vice President of Corporate Development, Investor Relations, and FP&A at Wabash National, and held senior positions at Parker Hannifin. Reed holds degrees from Baldwin Wallace University and the University of Leeds.

Goodyear (GT) has partnered with Canine Companions and Peanuts for a historic flight transporting future service puppies on the Goodyear Blimp from Smyrna to Nashville, Tennessee. The event marks the first time in the blimp's 100-year history that it will transport service puppies, accompanied by the iconic character Snoopy. The puppies, named Marcie, Peppermint Patty, and Snoopy, will be delivered to volunteer puppy raisers who will begin their 16-18 month service dog training journey. The event celebrates significant milestones for all three brands: 100 years of the Goodyear Blimp, 75 years of Peanuts, and 50 years of Canine Companions. As part of Goodyear's centennial celebrations, the blimp will visit over 100 cities across North America and Europe.

The Goodyear Blimp celebrates its centennial anniversary with a grand celebration at the Wingfoot Lake Airship Hangar, featuring an impressive gathering of famous brand mascots. The event includes mascots from popular brands like Duolingo, Dr. Squatch, Wendy's, and others, alongside Ohio's local sports team mascots. The celebration features Ohio's largest balloon installation, mascot-sized games, a special blimp cake, and blimp flights. As part of the celebration, Wendy's is offering a free small Frosty with purchase through their app on June 3, 2025.

Goodyear Tire & Rubber Company (NASDAQ: GT) announced its participation in TD Cowen's 9th Annual Future of The Consumer Conference on June 4, 2025. CEO Mark W. Stewart and CFO Christina L. Zamarro will engage in a fireside chat at 8:45 a.m. ET, hosted by TD Cowen senior analyst Itay Michaeli. The event will be webcast live on Goodyear's investor relations website with a replay available afterward. Goodyear, a global tire manufacturing leader, operates 53 facilities across 20 countries with approximately 68,000 employees. The company maintains two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, focused on developing cutting-edge products and services.

Goodyear Tire & Rubber Company (NASDAQ: GT) has announced the pricing of $500 million in 5-year senior notes at a 6.625% interest rate. The notes, priced at 100% of principal amount, are expected to close on June 3, 2025. The company plans to use the proceeds, along with existing cash and proceeds from the Dunlop brand disposition, to fully redeem its outstanding $900 million 5.000% Senior Notes due 2026. A notice of redemption for $400 million of the 2026 Notes has been issued, with redemption scheduled for June 30, 2025. The offering is supported by multiple financial institutions acting as joint book-running managers, senior co-managers, and co-managers.

Goodyear Tire & Rubber Company (NASDAQ: GT) has announced a public offering of $500 million in 5-year senior notes. The company plans to use the proceeds, along with existing cash and cash equivalents, to fully redeem its outstanding 5.000% Senior Notes due 2026, which currently has $900 million outstanding. The company has already issued a notice to redeem $400 million of the 2026 Notes using proceeds from the Dunlop brand disposition, with a redemption date of June 30, 2025.

The offering will be managed by multiple financial institutions, including Deutsche Bank Securities, BofA Securities, and others. The notes will be senior unsecured obligations and will be offered under an effective shelf registration statement filed with the SEC.

Gemspring Capital Management has entered into a definitive agreement to acquire Goodyear's (NASDAQ: GT) polymer chemicals business. The acquisition includes two operating plants in Texas (Houston and Beaumont) and an R&D facility in Akron, Ohio. Goodyear Chemical, headquartered in Akron, is a leading North American synthetic rubber producer serving major tire manufacturers and various end markets including food, medical, sporting goods, and industrial applications.

Goodyear will retain its Chemical facilities in Niagara Falls, NY, and Bayport, TX. The transaction is expected to close by late 2025, subject to regulatory approval. Tesham Gor is expected to become CEO of the standalone business. Gemspring Capital, with $3.8 billion under management, aims to accelerate product development and expand customer relationships globally.