Firestone Tire & Rubber reported after-tax income...
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Firestone Tire & Rubber reported after-tax income of $12 million for the second quarter, ended April 30, compared to $20 million a year ago. Operating income was lower, due primarily to reduced earnings from international operations, the company reported. Competitive pricing prevented North American tire operations from fully realizing gains from last year’s restructuring and this year’s lower raw material prices, Firestone reported.
