Goodyear’s income jumped 521% to $770.9 million...
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Goodyear’s income jumped 521% to $770.9 million in 1987. The Akron, Ohio, company said 1987 figures include a gain of $257 million from discontinued operations, while the year-ago figures reflect a loss of $92.7 million from discontinued operations. The company also had an after-tax gain of $73.8 million from the completion of the installment sale of Arizona properties. The company also credited higher tire sales worldwide and gains in other segments, including industrial rubber, chemical and plastics products.
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