Goodyear reported that earnings in the third...

Goodyear reported that earnings in the third quarter of 1986 improved over the year-earlier period and sales set records for both the quarter and the first nine months. Restructuring aided the Akron, Ohio-based firm’s profitability during the period and assets no longer required were disposed of, the firm said. Also, production operations at selected locations were curtailed and certain contractual costs have been incurred. In addition, the effects of new pension accounting standards increased third-quarter net income by $6.7 million or 6 cents per share. Earnings for the first two quarters of 1986 have been restated and increased by the same amount.