Goodyear, American Axle beat estimates, others lag

Newswire

By David Bailey DETROIT, Oct 30 (Reuters) - Goodyear Tire & Rubber Co , the largest U.S. tire maker, and three U.S. auto parts makers posted profits on Tuesday, and shares of all but one rose. Goodyear and American Axle & Manufacturing Holdings Inc both reported results that topped Wall Street estimates and shares rose as much as 10 percent and 5.7 percent each. TRW Automotive Holdings Corp results disappointed analysts in terms of margins, and its shares dropped 6 percent. ...

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