Goodyear posts net loss on charges

Newswire

April 27 (Reuters) - Goodyear Tire & Rubber Co posted a quarterly net loss due to charges from early debt repayment and forecast a fall in full-year sales volume. The company expects its full-year tire unit volume to fall 2 percent. First-quarter tire unit volumes totaled 43 million, down 8 percent from a year ago. The tire maker posted a first-quarter net loss of $11 million, or 5 cents per share, compared with a net income of $103 million, or 42 cents per share. (Reporting by A. ...

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