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Stock Market & Financial Investment News

News Breaks
October 26, 2012
08:57 EDTACATArctic Cat pullback a buying opportunity, says BMO Capital
BMO Capital said the pullback in Arctic Cat is a buying opportunity and that fears of a slowdown in the ORV business are misplaced. Shares are Outperform rated with a $50 price target.
News For ACAT From The Last 14 Days
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May 16, 2013
09:40 EDTACATArctic Cat downgraded to Buy from Strong Buy at Feltl
May 15, 2013
06:33 EDTACATArctic Cat sees FY14 EPS $3.17-$3.27, consensus $3.27
Sees FY14 revenue $754M-$768M, consensus $723.57M. Arctic Cat's fiscal 2014 outlook includes the following assumptions versus the prior fiscal year: core ATV North America industry retail sales flat to up 5%; side-by-side North American industry retail sales up 15%-25%; snowmobile North America industry retail sales flat to up 3%; Arctic Cat dealer inventories excluding new products flat to up 10%; achieving slightly lower operating expense levels as a percent of sales; and increasing cash flow from operations. The company expects gross margins to decrease by approximately 80 basis points, due to additional Yamaha snowmobiles that will be built in Arctic Cat's factory and, to a lesser extent, the Canadian currency impact.
06:32 EDTACATArctic Cat reports Q4 EPS (38c), consensus (40c)
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06:25 EDTACATArctic Cat board aurthorizes share repurchase program of up to $30M
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06:25 EDTACATArctic Cat announces dividend reinstatement of 10c
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May 7, 2013
07:27 EDTACATRW Baird to host a conference
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