Wells Fargo Downgrades Harley-Davidson
The bank lowered its rating from “outperform” to “market perform” and cited a weakness in the market for large motorcycles, tariff uncertainty and a “long road to stabilization.”
Harley-Davidson Struggles in Last Quarter of 2018
Harley-Davidson’s U.S. retail sales fell 10 percent in the last three months of 2018, marking the eighth consecutive quarterly drop.
ATVs Bring Textron Off the Road
Shares of Textron tumbled 11.3 percent after the company reported third-quarter results that missed expectations, largely because of issues in its non-military business.
