Tire makers Goodyear (GT -4.8%) and Cooper (CTB -8.5%) slide after Keybanc downgrades shares to...

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

Tire makers Goodyear (GT -4.8%) and Cooper (CTB -8.5%) slide after Keybanc downgrades shares to Hold from Buy on uncertainty over the expiration of the Chinese tariff concerning the ultimate impact on pricing and volumes. Tire pricing is declining more than the firm had expected, which will narrow the positive price/mix vs. raw material spread for GT and CTB in Q4.