A good sign for the economy? Harley motorcycles selling like hotcakes

July 28, 2010
According to CNN (7/20), shares of Harley-Davidson recently soared about 12% after the motorcycle maker posted better-than-expected earnings, boosted by a rebound in its finance unit. The Milwaukee-based company posted a profit from continuing operations ...

According to CNN (7/20), shares of Harley-Davidson recently soared about 12% after the motorcycle maker posted better-than-expected earnings, boosted by a rebound in its finance unit. The Milwaukee-based company posted a profit from continuing operations of $139.3 million, or 59 cents a share, beating the 41 cents expected by analysts surveyed by Thomson Reuters. Operating income at Harley's financial services unit reached $60.8 million, as compared to a loss of $90.5 million a year earlier.

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