Harley-Davidson faces up to 100 million EU tariffs in 2019
Harley-Davidson warns of up to 100 million euros in European Union tariff costs for 2019 as retaliation to U.S. steel and aluminum duties. The Milwaukee company says it will shift some production abroad to mitigate tariffs while U.S. sales slip and a July strategy update looms. Net income for the second quarter fell slightly year over year to 242.3 million dollars, with revenue at 1.71 billion.
MENTIONED IN THIS ARTICLE
Milwaukee
Donald Trump
Harley-Davidson
European Union
Trump
U.S
John Olin
Harley
Olin
Wall Street
Motley Fool: future outlook drives earnings impact
The second-quarter earnings season begins with focus on future potential rather than headline EPS and revenue. Investors should weigh what a company can do next quarter or year, as guidance and forecasts often move stock more than past results. Strong sales guidance can lift shares despite misses, while weak outlook can drag even beat reports. The piece notes tech growth stocks frequently follow this pattern along with market indices showing gains.
MENTIONED IN THIS ARTICLE
United Technologies
UTX
Pioneer Pioneer Natural Resources
PXD
WHR
Quest Diagnostics
DGX
Nektar Therapeutics
NKTR
Hasbro
HAS
Centene Centene
CNC
Naska Alaska Air Group
ALK
Foot Locker
J.B. Hunt Transport Services
JBHT
Pruorton D.R. Horton
DHI
GM peer to peer car sharing launches in Chicago Detroit and Ann Arbor
GM mobility unit Maven tests Peer Cars in Chicago Detroit and Ann Arbor offering 2015 model year GM vehicles for rent via the Maven app Owners keep about 60 percent of revenue with Maven taking the rest The service mirrors Airbnb style short term car rental and aims to offset vehicle investment with on demand mobility Maven insures vehicles with a 1 million dollar policy and vets drivers before approval
MENTIONED IN THIS ARTICLE
Detroit
Buick
Cadillac
Midwest
General Motors’ Mobility Unit
Maven
Chicago
Ann Arbor
Michigan
Airbnb
Julia Steyn
GM Urban Mobility
Steyn
OnStar
Real Time Market Action From Real Time Markets
Real time market action showing stock moves across major indices and sectors with live updates and prices. Data includes notable gains and losses, trading volumes, and brief notes on market drivers.
MENTIONED IN THIS ARTICLE
Usatoday.com
Also Mentioned on This Page
Rick Barrett
Milwaukee Journal Sentinel
USA Today Network
Wisconsin
America
Eli Lilly (Lly
DOW Jones
S&p 500
Standard & Poor's
Gainers Company
Nasdaq
Bristol-Myers Squibb
Ens
Russell Russell
Avery Dennison
HOG
Iqvia Holdings
Biogen
BNB
iShs Emerg Mkts Eem
Spdr Financial Xle
Vane Wecteld Miners
iShs China Large Cap EX
iShares
iShares Brazil
Bankrate.com Commodities
Jean Ib
Frankfurt
Hong Kong
Japan
Nikkei
London
Mexico City
Morningstar
The
Associated Press
Annalisa Bluhm
Paul Sancya