Goodyear loss casts doubt on turnaround - analysts

Newswire

By Susan Kelly CHICAGO, Nov 20 (Reuters) - Goodyear Tire & Rubber Co.'s attempt to patch its money-losing North American tire operation failed to gain traction in the third quarter, raising fresh concerns about the company's turnaround plan and liquidity, analysts said on Thursday. North America's largest tiremaker late on Wednesday posted a third-quarter net loss of $105.9 million, in line with expectations and compared with a profit a year ago. It also said it will cut an ...

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