Moody's changes Goodyear's outlook to stable

Newswire

NEW YORK, May 19 (Reuters) - Moody's Investors Service on Thursday changed Goodyear Tire & Rubber Co.'s debt rating outlook to stable from negative, citing improved operating performance and resolved accounting and internal control problems.

An outlook revision to stable from negative indicates the company's debt ratings are less likely to be cut in the next 12 to 18 months.

Moody's also affirmed the company's "B1" senior implied debt rating, which is the fourth ...

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