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Covestro plans shares buyback after strong third quarter – RetreadLife.com

LEVERKUSEN, Germany—Covestro plans to carry out a shares buyback of up to $ 1.75 billion of stock capital following what it said was its strongest quarter since its spin-off from Bayer in 2015.
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Doublestar inks deal for Kumho shares – RetreadLife.com

SEOUL, South Korea — China’s Qingdao Doublestar Co. Ltd. said it has signed an agreement with Kumho Tire creditors…
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Hankook Shares Its Financials — and a New Tire — with Its Customers – RetreadLife.com

Key distributors and dealers of Hankook-branded tires were on-hand at the company’s annual Partner’s Day in Los Cabos, Mexico, to hear about the company’s progress toward its self-imposed goal of being the industry’s fifth largest tire company by 2020.
Modern Tire Dealer – Suppliers – News

Hankook Shares Its Financials — and a New Tire — with Its Customers – RetreadLife.com

Key distributors and dealers of Hankook-branded tires were on-hand at the company’s annual Partner’s Day in Los Cabos, Mexico, to hear about the company’s progress toward its self-imposed goal of being the industry’s fifth largest tire company by 2020.
Modern Tire Dealer

Titan Converts $58.4 Million Worth of Notes into Shares of Stock – RetreadLife.com

On Monday, Jan. 15, 2017, Titan International Inc.’s 5.625% convertible senior subordinated notes matured. Two days later, 97.1% of the principal balance of the notes was converted into shares of Titan common stock.
Modern Tire Dealer

Titan Converts $58.4 Million Worth of Notes into Shares of Stock – RetreadLife.com

On Monday, Jan. 15, 2017, Titan International Inc.’s 5.625% convertible senior subordinated notes matured. Two days later, 97.1% of the principal balance of the notes was converted into shares of Titan common stock.
Modern Tire Dealer – Suppliers – News

Icahn to buy remaining Federal-Mogul shares – RetreadLife.com

SOUTHFIELD, Mich. — Billionaire investor Carl Icahn is buying the remaining shares of Southfield…
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Industry Analyst Downgrades Monro Muffler Brake Shares – RetreadLife.com

Northcoast Research Holdings LLC is downgrading Monro Muffler Brake Inc. shares from “Neutral” to “Sell.” In his July 14, 2016, report, Nick Mitchell, senior vice president of research, says the change reflects “increasing doubts regarding the organization’s ability to achieve its intermediate-term financial goals due to in-store execution issues, as well as lofty valuations.”
Modern Tire Dealer – News

Industry Analyst Downgrades Monro Muffler Brake Shares – RetreadLife.com

Northcoast Research Holdings LLC is downgrading Monro Muffler Brake Inc. shares from “Neutral” to “Sell.” In his July 14, 2016, report, Nick Mitchell, senior vice president of research, says the change reflects “increasing doubts regarding the organization’s ability to achieve its intermediate-term financial goals due to in-store execution issues, as well as lofty valuations.”
Modern Tire Dealer

Takata selling auto co. shares to raise cash – RetreadLife.com

TOKYO — Takata Corp., the embattled airbag maker behind the biggest…
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