USA: Tower Automotive posts second quarter loss - report
Automotive parts maker Tower Automotive on Tuesday posted a quarterly loss, hurt by asset impairment and restructuring charges, Reuters reported. The news agency said that Tower had a second-quarter loss of $US2 million, or 4 cents a share, compared with a profit of $23 million, or 37 cents a share, a year ago, while revenue fell to $743 million from $751 million.
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