Selena Gomez arrived at Fort Lauderdale International Airport, Florida, holding an adorable Harley Davidson teddy bear. Maybe this was a gift from Justin Bieber for her birthday? Selena Gomez and Justin Bieber have parted ways after spending a week together for Selena’s birthday and having lots of fun. Don’t worry, the split definitely isn’t a permanent one. Selena Gomez is now [...]
Sarah Palin, the former American vice-presidential candidate, has launched a tour of the north-eastern states, increasing speculation that she may run for the Republican presidential nomination next year. On the first leg of the tour she rode on a motorbike along with thousands of other bikers, as part of Memorial Day in Washington. At [...]
Harley-Davidson (NYSE:HOG) reported Q2 EPS of $0.13, which may not be comparable to estimates for a loss of $0.64. Revenues in the quarter fell 5.5% to $1.1 billion, inline with consensus estimates. Gross margin was 35.0% in the Q2, compared to 34.1% in the year-ago period. Second-quarter operating margin decreased to 13.9 percent from 15.3% [...]
The results came as worldwide retail sales of the company’s bikes continued to weaken, led by an 8.4% drop in the United States, Harley-Davidson’s largest market. The Milwaukee-based company said it believes “conditions will remain challenging this year for new motorcycle purchases,” and reiterated its expectation that it will ship 201,000 to 212,000 motorcycles to [...]