NEW YORK (Standard&Poor's CreditWire) Sept. 22, 2000ùStandard&Poor's today placed its ratings for Goodyear Tire&Rubber Co. on CreditWatch with negative implications (see list below). The rating actions follow the company's announcement that it expects to report either break-even net income or a small loss in both the third and fourth quarters of this year. Current ratings had anticipated a significant improvement in operating results during second-half 2000. Goodyear is the world's largest tire manufacturer, supplying both the replacement and original equipment segments of the industry. The company also produces rubber-related industrial and automotive components and chemicals. Goodyear has reported very disappointing financial results in the past 18 months. In 1999, the company generated $241 million
