Cooper Tire posts higher profit
Aug 9 (Reuters) - Cooper Tire & Rubber Co reported a higher quarterly profit on increased sales of its tires in North America and lower raw material costs.
Second-quarter net income attributable to Cooper rose to $51.7 million, or 82 cents per share, from $11.5 million, or 18 cents per share, a year earlier.
The net profit includes a gain of $7 million, the company said.
Sales rose 15 percent to $1.06 billion.
- Scores possibly exposed to U.S. Ebola patient; four isolated |
- Islamic State committing 'staggering' crimes in Iraq: U.N. report
- Scores possibly exposed to U.S. Ebola patient; four isolated
- Hong Kong police warn protesters against occupying buildings |
- Israel's Netanyahu to Obama: Don't allow Iran deal that leaves it at nuclear threshold