Goodyear expects quarterly profit on higher prices


CHICAGO, Feb 23 (Reuters) - Goodyear Tire & Rubber Co. on Wednesday said it expects a fourth-quarter profit as higher sales prices and the sale of more expensive tires offset higher-than-expected raw materials costs. Goodyear, the largest U.S. tire maker, said it expects fourth-quarter net income of 55 to 65 cents per share, with sales of $4.8 billion. The results will include pretax gains of $157 million from an insurance settlement, $22 million from a lawsuit settlement, pretax ...

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