TEXT-S&P comments on Goodyear


(Press release provided by Standard & Poor's) NEW YORK, July 24 - Standard & Poor's said today that its credit ratings and outlook on Goodyear Tire & Rubber Co. (BB+/Stable/B) were unaffected by the company's announcement that net income reached nearly $29 million for the second quarter of 2002, its most profitable quarter in two years, despite a 3% decline in sales from the second quarter in 2001. Operating margin for the second quarter of 2002 improved to 3.8% from 2.9% in ...

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