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Cooper Tire & Rubber

Cooper Tire & Rubber is a publicly traded company having a good stock performance result. Cooper Tire & Rubber is a fortune 500 stock listed company trading under CTB. The company was established in 1914 and is headquartered in Findlay, Ohio. Cooper Tire & Rubber Company engages in the manufacture and sale of replacement tires primarily in North America. It offers passenger car, medium truck, light truck, motorcycle, and radial medium truck tires. The company sells its tire products in the replacement tire market to wholesale distributors, independent tire dealers, regional and national retail tire chains, and large retail chains. It also offers materials and equipment for the tread rubber industry; and entry level passenger tires.


Cooper provides a full line of tires to meet the requirements of almost all consumers from everyday motorists to the most demanding high performance, off-road and motor sport fans. They’re using innovation to make their process more efficient and to strive to make their tires the best in the market. As a global competitor in the replacement tire industry, Cooper has manufacturing facilities on three continents, sales and distribution networks around the world, and products that meet and beat the demands of the world's most dynamic markets. The next 10 years promise exciting growth and innovation in the tire industry, and Cooper will guide the way.


Today reported a 6 percent year-over-year increase in net sales and a new all-time quarterly record for the Company's tire operations. Total net sales for the Company's continuing operations increased to 572 million dollars in the quarter ended December 31, 2005 compared to 541 million dollars in the same period of 2004. The increase was determined mainly by higher average prices and enhanced product mix in the Company's North American Tire operations.


The Company's continuing operations generated operating profit of 6 million dollars and a net loss of 6 million dollars in the fourth quarter of 2005 compared to operating profit of 7 million dollars and net income of 3 million dollars in the same period a year ago. On a per share basis, this equates to a net loss of 11 cents in the fourth quarter of 2005 compared to net earnings of 4 cents in the fourth quarter of 2004.

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