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A rebound in oil prices and the...

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A rebound in oil prices and the $588-million sale of its aerospace and motor-wheel subsidiary helped Akron, Ohio-based Goodyear & Tire Co. to significantly higher first-quarter profit and sales. Increased demand for the company’s tire worldwide was a highlight of the quarter,” a spokesman for the nation’s largest tire company said. Tires and related transportation products account for more than 85% of Goodyear’s revenue base.

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