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ID: 35660
Title: Goodyear posts loss, raises cost-cutting targets (Reuters)
Description:

Goodyear Chairman and Chief Executive Robert Keegan listens to a question during an interview in Shanghai in this April 1, 2005 file photo. Goodyear Tire and Rubber Co., the largest U.S. tire maker, posted a quarterly net loss on Friday pressured by several one-time charges and said it would increase and extend a multi-year cost-cutting plan. (Claro Cortes IV/Reuters)Reuters - Goodyear Tire & Rubber Co. posted a quarterly net loss on Friday pressured by several one-time charges and announced plans to step up its cost-cutting, sending shares to their highest level in more than seven years.
Category: Business/Company Earnings/
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Date Added: April 27, 2007 02:09:45 PM
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