Cooper Tire’s 3Q Income Declines

Cooper Tire & Rubber Co. said its third-quarter earnings fell to $17 million, or 27 cents a share, from $45 million, or 71 cents, a year ago.

Sales rose 19% to $1.05 billion, a record for any quarter, the company said Monday.

North America Tire Operations’ net sales climbed 18% to $765 million, while international net sales jumped 30% to $422 million.