Goodyear Tire Reports $380 Million Quarterly Loss on Venezuela Woes, Sets 2016 Capex at $1.1 Billion
Goodyear Tire Reports $380 Million Quarterly Loss on Venezuela Woes, Sets 2016 Capex at $1.1 Billion
SUGAR LAND--February 10, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Goodyear Tire & Rubber Company (NASDAG:GT) (Akron, Ohio) experienced a net loss of $380 million for fourth-quarter 2015, mainly due to the tire manufacturer's deconsolidation of its Venezuelan operations. Industrial Info is tracking 13 active Goodyear-related projects worth $624.8 million. Within this article: Details two of the biggest Goodyear-related projects that Industrial Info is tracking.
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