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Harley-Davidson 1Q profit revs up as sales jump

Harley-Davidson Inc. said Wednesday that its first-quarter profit jumped 44 percent, as improving economic conditions boosted U.S. sales of its famous motorcycles. The results beat Wall Street expectations and the company boosted its forecast for shipments for the year. Harley shares climbed $2.40, or 4.8 percent, to $52.76 in late morning trading, after peaking at… Continue Reading Harley-Davidson 1Q profit revs up as sales jump

Harley-Davidson 3Q income climbs as sales drop

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Despite a substantial drop in motorcycle sales, Harley-Davidson Inc. reports today that third-quarter net income more than tripled thanks to profits from its financial services division and efforts to restructure the company. The Milwaukee company also predicted that motorcycle shipments for the full year will decline 5 percent to 7 percent from last year. Harley… Continue Reading Harley-Davidson 3Q income climbs as sales drop

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