UPDATE 3-Goodyear profit drops on weak demand, higher raw material costs
April 25, 2018 at 12:29 PM EDT
April 25 (Reuters) - Goodyear Tire & Rubber Co's quarterly profit dropped more than 50 percent due to weaker demand and it warned that higher raw-materials costs would weigh on the company for the remainder of the year, sending its shares down 5 percent.