Firestone Tire & Rubber’s income jumped 70%...
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Firestone Tire & Rubber’s income jumped 70% to $145 million for the fiscal year ended Oct. 31. The Chicago company credited improved operating results in all of its businesses, as well as a boost in after-tax foreign currency gains. Revenue was up 10% to $3.9 billion. Fourth-quarter income totaled $29 million, a turnaround from a loss of $36 million in the year-ago period.
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