Continental Shares Rise as Company Raises Full-Year Guidance
Continental raised its full-year guidance for adjusted earnings before interest and taxes. The German tire maker is seeking growth by forging ties with Chinese carmakers entering Europe.
By Aimee LookContinental's shares rose after the German tire maker brightened its outlook for the full year, looking to steady growth in Europe by forging ties with Chinese car manufacturers entering the market.The company raised guidance for both its adjusted earnings before interest and taxes mar…