Moody's gives nod to Goodyear

May 20, 2005

Moody's Investor Services upgraded Goodyear Tire & Rubber Co.'s outlook earlier today.

Moody's rated Goodyear as "stable."

Previously it had rated the Akron, Ohio-based tiremaker's outlook as "negative."

"They basically confirmed our credit rating," a Goodyear spokesman told moderntiredealer.com this afternoon.