March 22 (Reuters) - The Goodyear Tire and Rubber Co:
* Outlines strategic path to record profitability
* The Goodyear Tire - is targeting 2013 segment operating income in its
North American tire unit of $450 million
* Says targets $1.6 billion segment operating income in 2013
* The Goodyear Tire - sees capital investments of between $1.1 billion
and $1.3 billion per year in 2012 and 2013
* The Goodyear Tire - expects to reduce its underfunded pension obligations to
$1.2 billion -- or by more than half -- by 2013
* Expects to make pension contributions of $550 million in 2012 and $525
million in 2013
* Company's pension expense is expected to decrease by $100 million a year by
2013
* Says expects to reduce its underfunded pension obligations to $1.2 billion by
2013
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
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* Outlines strategic path to record profitability
* The Goodyear Tire - is targeting 2013 segment operating income in its
North American tire unit of $450 million
* Says targets $1.6 billion segment operating income in 2013
* The Goodyear Tire - sees capital investments of between $1.1 billion
and $1.3 billion per year in 2012 and 2013
* The Goodyear Tire - expects to reduce its underfunded pension obligations to
$1.2 billion -- or by more than half -- by 2013
* Expects to make pension contributions of $550 million in 2012 and $525
million in 2013
* Company's pension expense is expected to decrease by $100 million a year by
2013
* Says expects to reduce its underfunded pension obligations to $1.2 billion by
2013
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2011 AFX News
