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The Goodyear Tire & Rubber Company

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Goodyear regularly launches products and services to boost sales. Moreover, its capital allocation plan is expected to enhance shareholder value. However, the company is facing a challenging situation in Latin America. The decline in revenues over the years also poses a concern. Nevertheless, Goodyear expects annual segment operating income and tire volume to increase in 2016. Estimates have been stable lately ahead of the company’s Q2 earnings release. Also, the company has a positive record of earnings surprises in recent quarters.

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