Oct
16
Filed under: Earnings reports , Products and services , Industry , Consumer experience , Harley-Davidson (HOG) Investors may be bemoaning Harley-Davidson Inc. ’s (NYSE: HOG ) less-than-rocking earnings report this week, but there are reasons to still cheer the venerable motorcycle maker, whose stock is up 65 percent this year despite lower sales and tumbling profits. Shares rose more than 1 percent in Friday afternoon trading to more than $28 each. On Thursday, Harley-Davidson said
Oct
15
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Harley-Davidson Inc. (NYSE:HOG) reported an 84% drop in profit, but at 1:20 p.m. its stock was trading up more than 3% to $27.14 on a 52-week range of $7.99 to $28.75. Perhaps investors like the new strategy, or that sales fell at a slower rate -- a fact which CEO Keith Wandell found mildly encouraging. Last year, Harley entered the high-performance sport bike market, acquiring Italian motorcycle maker MV Agusta Group for about $110 million. But after reporting disappointing third-quarter e
JPMorgan, Intel, Urban Outfitters big movers NEW YORK ? The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange: NYSE: JPMorgan Chase Co., up $1.50 at $47.16 The bank reported a $3.59 billion profit but also said it doubled the amount of money set aside for failed home and [...]
UPGRADES: Goldman Sachs upgraded Computer Sciences Corporation (NYSE: CSC) from Sell to Neutral and revised its 12-month price target from $46 to $54. UBS upgrades GlaxoSmithKline (NYSE: GSK) to Buy. UBS upgrades Sanofi-Aventis (NYSE: SNY) from Sell to Neutral. J.P. Morgan upgrades Barrick Gold (NYSE: ABX) from Neutral to Overweight. Price target increased from $40 to $54. FBR Capital upgrades Conseco Inc. (NYSE: CNO) to Outperform. Price target raised from $4 to $9. Wells Fargo upgrades Harley
Oct
13
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Harley-Davidson Inc. (NYSE:HOG), the iconic Milwaukee maker of high-end motorcycles, is battling tough times. We'll see how tough it is when Harley reports third-quarter earnings on Thursday. President and CEO Keith Wandell and John Olin, senior vice president and CFO, will host a Webcast from 8 a.m. to 9 a.m. CT. Analysts expect earnings of 21 cents per share on revenues of $1.10 billion. In the year-ago period, the company's earnings were 71 cents per share on revenues of $1.42 billion.