During Tuesday’s current trade, Shares of Harley-Davidson, Inc. (NYSE:HOG), dropped -8.32%, and is now trading at $56.63.
Today, Harley-Davidson’s first-quarter 2015 diluted earnings per share raised 5.0 percent to $1.27 contrast to diluted EPS of $1.21 in the year-ago period. Net income was $269.9 million on merged revenue of $1.67 billion contrast to net income of $265.9 million on merged revenue of $1.73 billion in last year’s first quarter. Revenue in this year’s first quarter was down from the year-ago period primarily on unfavorable foreign currency exchange and slightly lower motorcycle shipments.
Operating income from financial services was $64.7 million in the first quarter of 2015 contrast to $63.2 million in last year’s first quarter. First-quarter financial services results reflect favorable net interest and higher non-lending income, partially offset by raised provision for credit losses.
Guidance:
Harley-Davidson is revising its full-year guidance for motorcycle shipments, reflecting its commitment to manage supply in line with demand, and now anticipates to ship 276,000 to 281,000 motorcycles to dealers and distributors worldwide in 2015, an approximate 2 percent to 4 percent raise from 2014. The company formerly had offered full-year shipment guidance of 282,000 to 287,000 motorcycles. In the second quarter, the company anticipates to ship 83,000 to 88,000 motorcycles, contrast to 92,217 motorcycles shipped in the year-ago period. The company continues to expect full-year 2015 operating margin of about 18 to 19 percent for the Motorcycles segment. The company also continues to expect 2015 capital expenditures for Harley-Davidson, Inc. of $240 million to $260 million.
Harley-Davidson, Inc. manufactures cruiser and touring motorcycles. The company operates in two segments, Motorcycles & Related Products and Financial Services. The Motorcycles & Related Products segment designs, manufactures, and sells wholesale street-legal Harley-Davidson motorcycles, in addition to a line of motorcycle parts, accessories, general merchandise, and related services.
During morning trade, Shares of Voltari Corporation (NASDAQ:VLTC), climbed 33.29%, and is now trading at $13.84, hitting its highest level today, following the reports that billionaire investor Carl Icahn raised his stake in the company.
Over the past month, shares of Voltari have surged more than 1,623%.
On March 31, Icahn revealed that he attaind about 4 million additional shares of Voltari at an average price of $1.36 per share. He now has a 52.3% stake in the company, according to Reuters.
Icahn formerly owned 29.8% of Voltari, which used to be known as Motricity. Icahn first bought 678,203 shares of Voltari during the second quarter of 2013.
Voltari Corporation, together with its auxiliaries, provides relevance-driven merchandising, digital marketing, and advertising solutions, primarily over smartphones and other mobile devices to brands, marketers, and advertising agencies. It also offers predictive analytics services. The company was founded in 2001 and is headquartered in New York, New York.
Shares of Cisco Systems, Inc. (NASDAQ:CSCO), during its Tuesday’s current trading session gained 1.16%, and is now trading at $28.81.
Cisco Systems, declared a contract with Altice to deploy a next-generation converged cable access platform (CCAP) across its multi-country footprint, with the first rollouts being done in France. The deployment of this platform from Cisco allows Altice to build the foundation for a long-term evolution of its cable access architecture, by taking advantage of the advanced, massive DOCSIS 3.1 capabilities of the Cisco® Evolved CCAP solution.
With the DOCSIS 3.1 capabilities of this new technology platform, Altice can scale the bandwidth offered to its growing broadband customer base up to 10 Gbps, across the fiber-deep access network of Numericable-SFR in France, and other operators within the group.
The embedded cloud and SDN-based technologies in the platform will provide Altice with fast innovation to better connect people’s everyday lives to the Internet of Everything. The platform will also allow Altice to offer, in the future, a new range of faster Internet speeds over its cable network, and bring a new paradigm of entertainment experiences to its customers.
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide.
Finally, AT&T, Inc. (NYSE:T), lost -0.12% Tuesday.
Today, AT&T and Disney bring Storytelling Magic on demand.
Story time just got a little more magical for AT&T U-verse® customers. Families have downloaded more than 8 million digital books through the Disney Story Central app, and AT&T U-verse and Disney are now bringing the popular Disney Story Central platform to TV screens across the country for the first time. As a subscription-based on demand service, Disney Story Central offers all AT&T U-verse TV customers a robust collection of narrated classic Disney stories for $8 per month.
Parents and their children can read together with beloved Disney characters counting Mickey Mouse, Elsa, Anna and Olaf on their TV screens. New stories will be added to the platform every few months.
AT&T U-verse customers already have access to great live and on demand programming from Disney Channel, Disney Junior and Disney XD. They can view it on their U-verse TVs and through the U-verse App. Together with Disney content, the U-verse App lets customers watch more than 230 live channels inside their home and more than 170 channels on the go – more than any cable TV provider.
AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline. The Wireless segment offers data and voice services, counting local, long-distance, and network access services, in addition to roaming services to youth, family, professionals, small businesses, government, and business customers.
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