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Stock Market & Financial Investment News

News Breaks
August 1, 2014
14:10 EDTPII, HOGHarley-Davidson hurt more than seems by Indian Motorcycles, says Raymond James
After analyzing the impact of Polaris’ (PII) launch of Indian Motorcycles through the first half of 2014, Raymond James notes that Harley-Davidson sold roughly 13x the number of bikes as Indian and Polaris' Victory brand combined. However, the firm thinks the launch of Indian is more impaction than the number would suggest,as Polaris.' U.S. retail sales of motorcycles jumped about 50%, while Harley-Davidson's U.S. retail motorcycle sales increased just 1.1% in the same period, according to the firm. Moreover, Harley-Davidson sells Street 500 bikes with smaller engines than any bike sold by Polaris, the firm stated. Excluding these bikes, Harley-Davidson's sales dropped by 1,200 units in 1H14, according to Raymond James, who keeps an Underperform rating on Harley-Davidson.
News For HOG;PII From The Last 14 Days
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December 17, 2014
07:33 EDTPIIW.P. Carey acquires $29.5M industrial and distribution facility leased to Polaris
W. P. Carey (WPC) has acquired a newly-constructed, approximately 362,000 square-foot, light-industrial and distribution center in Opole, Poland for $29.5M leased to Polaris Industries (PII). The facility will serve as Polaris' primary European assembly and distribution center. The net lease will be for an initial 15-year term and include CPI-based rent growth.
December 12, 2014
10:01 EDTPII, HOGOn The Fly: Analyst Initiation Summary
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December 11, 2014
16:13 EDTHOGHarley-Davidson initiated with an Outperform at Wedbush
Wedbush started shares of Harley-Davidson with an Outperform rating and $85 price target. The firm likes the Harley-Davidson's revamped cost structure and new-product development pipeline.
16:11 EDTPIIPolaris Industries initiated with an Outperform at Wedbush
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