Goodyear Tire first-quarter loss widens

Newswire

CHICAGO, April 30 (Reuters) - Goodyear Tire & Rubber Co. , the world's No. 3 tire maker, reported a wider first-quarter loss on Wednesday as it struggled with weak sales and higher costs for raw materials, pensions and interest payments. The Akron, Ohio-based company reported a loss -- its sixth in the past 10 quarters -- of $163.3 million, or 93 cents a share, compared with a year-earlier loss of $63.2 million, or 39 cents a share. Sales increased to $3.55 billion from $3.31 billion. ...

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