Corporate Profile for Cooper Tire & Rubber, dated May 5.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine, CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company and many others. -0- Published date: May 5, 1995 Company name: Cooper Tire & Rubber Company Address: Findlay, Ohio 45840 Telephone No.: 419/423-1321 Chief Executive Officer: P. W. Rooney Chief Financial Officer: J. A. Reinhardt Investor Relations Investor relations The process by which the corporation communicates with its investors. Contact: A. J. Bakaitis Business number: 419/424-4370 Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Contact: A. J. Bakaitis Business number: 419/424-4370 Trading symbol Trading symbol See: Ticker symbol : CTB CTB Council Tax Benefit (UK) CTB Coopération Technique Belge (French: Belgian Technical Cooperation) CTB Commonwealth Transportation Board (Virginia Department of Transportation) Industry: Tires & Rubber Company description: Founded in 1914, Cooper Tire & Rubber Company specializes in the manufacturing and marketing of rubber products for consumers and industrial users. Products include automobile and truck tires, inner tubes, vibration control products, hoses and hose assemblies, and automotive sealing systems. The company markets its products nationally and internationally through well-established channels of distribution. Among its customers are automotive manufacturing companies, independent tire dealers and wholesale distributors, and large retail chains. Net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight in 1994 reached a record $1.4 billion, increasing 18% over the prior year sales. Net income for the year reached a record $128.5 million, up 26% over 1993. Return on beginning stockholders' equity Stockholders' Equity The portion of the balance sheet that includes capital received from investors in exchange for stock (paid-in capital), donated capital, and retained earnings. This is equal to total assets minus liabilities, preferred stock and intangible assets. was 23.4% in 1994 and averaged 22.7% over the past five years. Stock reached a high of $29.50 versus a low of $21.63 during 1994. Cooper is recognized in the replacement tire market as a low-cost, high quality producer. The company uses the most advanced technology, efficient production methods and has a reputation for excellence in customer service. The company's engineered products operation serves virtually every light vehicle manufacturer in North America with complete, independent and cooperative design, development assistance and production using the latest manufacturing technologies. CONTACT: Cooper Tire & Rubber Company, Findlay |
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