USA: Goodyear reports record quarterly loss
Goodyear Tyre & Rubber Co. reported its largest quarterly loss in more than 10 years on Thursday as the struggling tyre maker took a previously announced charge to write down the value of tax credits, Reuters reported. The news agency said the Akron, Ohio-based company reported a net loss for the 2002 fourth quarter of $US1.1 billion, or $6.30 a fully diluted share, compared with a year-ago net loss of $174.0 million, or $1.07 a share.
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