Canaccord Genuity takes a shine to Goodyear Tire (GT +0.8%) with prices for rubber looking set...

|About: Goodyear Tire & Rubber Co. (GT)|By:, SA News Editor

Canaccord Genuity takes a shine to Goodyear Tire (GT +0.8%) with prices for rubber looking set to decline on global oversupply. Previously, the company says that it expects commodity costs to increase 12% in Q2 and 9% for the year, an estimate that looks ripe for a revision.