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Twin Disc reports 1Q results

By Webmaster Twin Disc reported a “significant decline” in fiscal 2016 first-quarter sales, from $64.8 million to about $37.4 million, because of a global decline in oil and natural gas prices, along with softening demand in Asia for the company’s commercial marine products. The company reported a loss of $4.3 million, or …read more

Source:: Trade Only Today