Goldman Sachs upgraded Sumitomo Rubber Industries (SMTUF) to Buy from Neutral with a price target of 2,100 yen, up from 1,600 yen. The firm cites the company’s structural reforms in the U.S. for the ...
Sumitomo Rubber Industries (JP:5110) has released an update. Sumitomo Rubber Industries has revised its financial forecast for 2024, ...
Sumitomo Rubber USA is recalling certain Falken Wildpeak AT4W tires, size 275/60R20 115T, that may have been manufactured ...
Sumitomo makes automotive tires for passenger cars, trucks, buses and motorcycles. Production at the Tonawanda facility has ...
Sumitomo Rubber says it will close its western New York tire manufacturing plant and eliminate all 1,550 union and salaried jobs ...
Parent company Sumitomo Rubber Industries claimed it had “made sincere efforts to try and save the plant” with advanced ...
Union officials are convinced that the plan to shut down Sumitomo Rubber was in the works for months. Sources confirm that ...
The company said it is negotiating with the union over severance packages. Sumitomo Rubber Industries, parent of Sumitomo ...
Sumitomo took full control of it in 2015 after parent company Sumitomo Rubber Industries ended a joint venture with Ohio-based Goodyear Dunlop Tires North America. The sudden closure of one of the ...
Sumitomo Rubber Industries (JP:5110) has released an update. Sumitomo Rubber Industries has revised its financial forecast for 2024, anticipating a significant decrease in operating profit and ...