Goodyear quarterly loss widens as strike weighs
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Goodyear Tire & Rubber Co. , the largest U.S. tire maker, reported a wider quarterly loss on Friday due to a nearly three-month strike that cost the company $367 million.
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Goodyear Tire & Rubber Co. GT.N said  on Friday it will cut 340 jobs in its engineered products and  chemical units as part of its cost-reduction efforts, resulting  in a third-quarter charge.
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Goodyear Tire & Rubber Co. and the United Steelworkers will resume formal talks to settle a 10-week-old strike by 15,000 union workers in the United States and Canada, the two sides said on Friday.
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The mortgage lender posted a fourth-quarter loss of $509.1 million as it raised its loan-loss provisions to account for growing defaults and foreclosures.
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The pace of job losses in mortgage  lending slowed in December, as some companies shifted workers  to other areas of financial services, but the losses may pick  up again in the new year as the U.S. housing market continues  to weaken and credit remains tight.
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Hospital operator Tenet Healthcare Corp. said its fourth-quarter loss from continuing operations will widen from the third quarter as the company feels pressure from weak patient volumes and high levels of bad debt.
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Goodyear Tire &amp; Rubber Co. (GT.N: Quote, Profile, Research) said on Friday it will cut 340 jobs in its engineered products and chemical units as part of its cost-reduction efforts, resulting in a third-quarter charge.
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A strike by 1,500 workers has stretched into its fourth week at Raytheon Co.'s missile business, and analysts warn it could slow deliveries and pinch fourth-quarter profits for the Waltham company.
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Fiat SpA's overall net loss widened in the third quarter, and the company's key auto unit slightly narrowed its losses, the Italian automaker said Thursday.
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Countrywide Financial Corp , the battered mortgage lender being acquired by Bank of America Corp , on Tuesday posted a fourth-quarter loss, hurt by mounting defaults in a sinking housing market.
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Goodyear Tire &amp; Rubber Co. (GT.N: Quote, Profile, Research) , the largest US tiremaker, on Friday said it would report a third-quarter profit, reversing a year-earlier loss
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Student lending company Sallie Mae  posted a fourth-quarter loss on Wednesday, citing higher  provisions for loan losses due to the weakening credit markets.
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Goodyear Tire & Rubber Co. GT.N, the  largest U.S. tiremaker, posted a quarterly profit on Tuesday,  reversing a year-earlier loss when it took charges for cost  cuts and a legal settlement.
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XM Satellite Radio Holdings Inc posted  a wider quarterly loss on Thursday as higher marketing costs  overshadowed a strong increase in subscriptions to its  pay-radio service by car owners.
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Goodyear Tire & Rubber Co. , the largest U.S. tiremaker, posted a quarterly profit on Tuesday, reversing a year-earlier loss when it took charges for cost cuts and a legal settlement.
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The natural gas producer and pipeline operator said its fourth-quarter loss widened, hurt by a tax charge related to the sale of its stake in a pipeline.
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Company has another tough quarter despite a good market for drillers.