Goodyear 2nd-qtr profit rises

Newswire

July 31 (Reuters) - Goodyear Tire & Rubber Co's quarterly profit rose on lower selling, general and administrative costs. Net income available to common shareholders rose to $85 million, or 33 cents per share, for the second quarter, from $40 million, or 16 cents per share, a year earlier. Revenue fell 8 percent to $5.15 billion. Selling, general and administrative costs fell 7 percent to $697 million.

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