|Bid||41.05 x 4000|
|Ask||41.70 x 900|
|Day's Range||41.25 - 41.49|
|52 Week Range||39.34 - 56.50|
|PE Ratio (TTM)||14.15|
|Forward Dividend & Yield||1.48 (3.39%)|
|1y Target Est||N/A|
George Gatto, who owns two Harley-Davidson dealerships in the Pittsburgh area, discusses how consumers have responded to Harley-Davidson's plans to shift some production overseas.
Bikers for Trump founder Chris Cox discusses how President Trump supports Harley-Davidson owners who may boycott the motorcycle company over its plan to move production overseas.
Republican Congressman Jim Renacci from Ohio, a former Harley dealership owner, discusses President Trump supporting a boycott of Harley Davidson products after the company announced it will move some production overseas.
Center for Freedom and Prosperity Chairman Dan Mitchell on President Trump backing a boycott against Harley-Davidson.
Harley-Davidson, Inc. ( HOG) shares have fallen nearly 4% this week after President Trump tweeted his support for a nationwide boycott following the motorcycle maker's decision to shift some production out of the United States to avoid up to $100 million in 2019 European Union tariff surcharges.
In a memo sent to employees and dealers Tuesday, Harley-Davidson Inc. CEO Matt Levatich addressed what he called "misinformation" about the company's plan to relocate some production overseas in response to European Union retaliatory tariffs.
Harley-Davidson Inc. Chief Executive Officer Matt Levatich pushed back against what he called “misinformation” surrounding the company’s plans to move some production overseas. The iconic American motorcycle maker has been the target of angry tweets from President Donald Trump since announcing in June it would move some production abroad to sidestep tariffs the European Union slapped on its bikes. The spat flared up again on Sunday when Trump said he would support a boycott of the company if it moved production overseas.
States such as Wisconsin helped drive Donald Trump’s surprising presidential win two years ago, and Tuesday's primaries there and in neighboring Minnesota could serve as a barometer of opposition strength headed into the November midterm elections. Voters were going to the polls in those states for party primaries, and Democrats will have a chance to show they can mobilize voters for Nov. 6’s congressional elections and perhaps the 2020 presidential race as well. Trump was the first Republican presidential candidate to win Wisconsin in 32 years, and he narrowly lost to Democrat Hillary Clinton in Minnesota.
"Harley-Davidson is unlike any other brand. It's a family," says Harley dealer George Gatto. Despite talk of a boycott and President Donald Trump 's Twitter pressure, there has been no backlash seen at two Harley-Davidson dealerships in the Pittsburgh area, owner George Gatto told CNBC on Tuesday.
Harley-Davidson has been in a political firestorm since it announced in June it would move some production out of the U.S. President Donald Trump has threatened to tax Harley-Davidson "like never before" and on Sunday praised owners who plan to boycott the company. In a memo to Harley employees and dealers on Tuesday, CEO Matt Levatich said there's "misinformation" about the issue.
Harley-Davidson CEO Matt Levatich said the motorcycle manufacturer doesn't want to be in the political spotlight, but it "unfortunately" finds itself "in the center of a heated political conversation about fair trade."
In the previous part of this series, we looked at some of President Donald Trump’s successful economic policies. Companies such as Ford (F) and Coca-Cola (KO) have seen higher input costs since US steel and physical aluminum premiums have risen following President Trump’s tariffs. The Trump administration has also been hot and cold on actions against Russia.
MADISON, Wis. (AP) — Wisconsin Gov. Scott Walker and Republican U.S. Senate candidate Kevin Nicholson both came out Monday against boycotting Milwaukee-based Harley-Davidson, the day after President Donald Trump said it would be "great" if there was a boycott.
Monday Roundup The Turkish lira pulled back from record lows against the dollar as the central bank offered more liquidity to combat outflows sparked by the U.S. doubling metal tariffs on the country.
The S&P 500 and the Dow industrials fell on Monday as a global contagion of market jitters arising from the plunge of Turkey's currency spread to Wall Street, while the Nasdaq edged higher on gains from tech stocks. Financial stocks bore the brunt of the concerns over Turkey, with shares of Citigroup Inc, Bank of America Corp , Wells Fargo & Co and JPMorgan Chase & Co down between 0.5 percent and 1.5 percent.
Iconic motorcycle manufacturer Harley-Davidson Inc. ( HOG) has had to cope with declining sales and its stock falling 18% this year. Adding to its woes, President Donald Trump has made it one of his prime targets on social media as he drums up support for his trade policies. On Sunday, Trump praised Harley owners planning to boycott the company if it moves some manufacturing abroad.
Harley-Davidson Inc. ( HOG), or Harley as it is commonly known, is a motorcycle manufacturer headquartered in Milwaukee, Wisconsin. Harley was founded in 1903 by William S. Harley and brothers Walter and Arthur Davidson.
The motorcycle company is looking at moving parts of its production overseas to mitigate or avoid tariffs that would cost the company $100 million a year. CEO Matthew Levatich told CNBC in July that Harley is simply going to "deal with what we have to deal with" and is not taking sides in the political conversation. Harley execs visited Trump at the White House in early 2017 and were likely assured by that "things will be good" and the administration "will defend you," Cramer said Monday.
In a Sunday tweet, President Donald Trump called for a boycott of Harley Davidson, the Wisconsin-based motorcycle maker that is planning to shift some production to Europe to avoid tariffs that the continent is levying on Harley's U.S.-made bikes. Where we were: In a series of controlled skids...as the president made a trade war target of the bike maker that he celebrated as an American icon just a year ago, before a Barron's cover story detailed Harley's shrinking market. Where we're headed: With the shares (HOG) beaten below 42 bucks, Harley stock trades for 12-times the IBES consensus for 2019 earnings.
Wisconsin Gov. Scott Walker and Republican U.S. Senate candidate Kevin Nicholson both came out Monday against boycotting Milwaukee-based Harley-Davidson, the day after President Donald Trump said it would be "great" if there was a boycott. Trump's Sunday tweet forced Walker and other Republicans to take a position on the sticky political issue involving an iconic Wisconsin company just ahead of Tuesday's primary where Trump allegiance has been a central focus. Trump on Sunday tweeted it was "great" that "many" Harley owners planned to boycott the company if manufacturing moves overseas, continuing a steel tariff dispute he's had since June with the company.
CNBC's Jim Cramer also says Harley's move is understandable considering Trump's tariffs and other protectionist policies.