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Stock Market & Financial Investment News

News Breaks
February 1, 2013
08:07 EDTHARHarman weakness a buying opportunity, says RW Baird
Baird views the weakness in Harmon a buying opportunity and calls it a Top Idea following Q2 results. The firm expects the second half of 2013 to represent an inflection in revenues and margin and believes the recent shortfall is due to margin compression from German automakers. Shares are Outperform rated and price target was lowered to $57 from $65.
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September 17, 2014
13:47 EDTHARHarman, NBA announce marketing, merchandising partnership
Harman International and the National Basketball Association announced a multiyear marketing and merchandising partnership that will make the company the official headphone, speaker, and audio partner of the NBA, Womenís National Basketball Association, NBA Development League, and USA Basketball. The new marketing and consumer products partnership will focus on Harmanís JBL brand and will provide fans with enhanced audio experiences both in the arena and at home. Harmanís products will also be featured at NBA events worldwide and integrated into league operations. Harman will provide JBL and other Harman products to players and coaches. Additionally, as early as this holiday season, Harman will produce NBA-branded audio products for fans around the world. The products will include team- and player-branded headphones and portable speakers.

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