TEXT-S&P: Goodyear Q3 results in step with rating


(The following statement was released by the rating agency) Oct 29 - Standard & Poor's Ratings Services said today that credit measures for The Goodyear Tire & Rubber Co. (BB-/Negative/--) are on track to meet our expectations for the current rating, based on third-quarter results. For example, we estimate that free operating cash flow totaled about $292 million in the third quarter, helped by a $366 million decrease in inventories, and that free operating cash flow was a negative ...

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