RACINE, Wis. (AP) _ Twin Disc Inc. (TWIN) on Friday reported a loss of $1.8 million in its fiscal fourth quarter. On a per-share basis, the Racine, Wisconsin-based company said it had a loss of 13 cents. Losses, adjusted for restructuring costs, were 12 cents per share.
The Canadian dollar fell against its broadly stronger U.S. counterpart on Friday as a trade squabble between Canada and the United States offset stronger-than-expected domestic jobs data, with the loonie giving back some of this week's gains. Ottawa pledged retaliation after U.S. President Donald Trump on Thursday moved to reimpose 10% tariffs on some Canadian aluminum products to protect U.S. industry from a "surge" in imports. Canada added 418,500 jobs in July, mostly part-time, and the unemployment rate fell to 10.9% as the economy continued to reopen, Statistics Canada said.
OWC has introduced the first third-party wheels for Apple's Mac Pro, and they're a relative bargain at $250.