Harley net falls on sluggish sales
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Harley-Davidson Inc , the U.S. motorcycle maker, said on Friday its quarterly earnings fell more than 15 percent, blaming "sluggish" sales in the United States, its biggest market.
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Harley-Davidson Inc.&#39;s third-quarter profit surged 20 percent, revved up by higher gross margin and brisk sales of its brand-name motorcycles and accessories.
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Motorcycle maker Harley-Davidson Inc.  HDI.N roared to record quarterly earnings on Wednesday,  boosted by more efficient operations and demand for its new  models.
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The nation's retailers had a disappointing start to the holiday season, reporting sluggish sales for November as a much hoped-for surge in Thanksgiving weekend business failed to materialize.
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The number 1 U.S. automaker slides as investors anticipate December sales results to be weak.
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Nissan Motor Co. reported a bigger-than-expected 23 percent fall in quarterly net profit on Friday, hurt by a sluggish recovery in U.S. sales, and lowered its full-year forecasts despite a weaker yen.
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Sales of gas guzzling four-wheel drive vehicles have dropped sharply in Britain amid looming tax increases aimed at fighting air pollution and curbing global warming.
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Sales of new homes were unexpectedly weak last month, although they climbed off an 11-year low, and orders for long-lasting goods fell, according to data on Thursday that underscored the economy's weakness.
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Motorcycle manufacturer Harley-Davidson Inc  said on Friday that 2007 earnings would come in 4 percent to 6 percent lower than last year because of tough times for U.S. consumers, sending its shares down 7 percent.
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Motorcycle manufacturer Harley-Davidson Inc. said Thursday its second-quarter profit rose 19 percent on double-digit international sales growth and improved performance by its namesake motorcycle unit.
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NEW YORK - Disappointing retail sales and oil prices that threatened to top $53 per barrel sent stocks lower Thursday as investors worried that rising energy costs could further hamper consumer spending.    Investors saw the slow retail sales in September as a sign of continued lack of consumer confidence; high gas prices and worries about jobs left sales sluggish in what is usually a robust month for shoppers...
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Oil prices fell to their lowest in five  months before steadying on Thursday, pausing from a three-day  decline as dealers zeroed in on healthy U.S. inventories  heading into the mild autumn demand season.
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High gasoline prices and lofty insurance rates drove vehicle sales lower in Canada for another month, industry experts said. According to data provided by the auto makers and compiled by analyst
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Harley-Davidson Inc  on Friday cut its expectations for motorcycle shipments for the third quarter and said 2007 earnings would come in 4 percent to 6 percent lower than 2006 as it cited a "difficult time for the U.S. consumer."
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Harley-Davidson Inc. HDI.N. on  Thursday said its quarterly earnings rose 14.5 percent, as  rising motorcycle sales in the United States offset a decline  in Europe.
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The Gap had a dismal November sales period.
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From department stores to discounters, the nation's retailers reported sluggish August sales yesterday as consumers cut back spending during the generally lucrative back-to-school shopping month.