Goodyear posts 4Q profit, but misses Street view
AKRON, Ohio (AP) — Goodyear Tire & Rubber Co. returned to profitability in its fourth quarter partly as it sold more higher-priced tires after reporting a loss a year ago that included hefty costs tied to a plant closing.
But its results fell short of Wall Street expectations, and its shares fell more than 5 percent Tuesday.
The biggest U.S. tire maker also cautioned that global tire industry growth will ...
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