Autos Motorcycles

NEW YORK, Aug 13- U.S. stocks dropped on Monday as global jitters from Turkey's plummeting currency spread to Wall Street, with the S&P 500 and the Dow falling for the fourth session in a row. Financial stocks bore the brunt of Turkey contagion fears, with shares of Citigroup Inc, Bank of America Corp, Wells Fargo& Co and JPMorgan Chase& Co closing down between 0.8...

NEW YORK, Aug 13- 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...

The financials slipped 0.63 percent as U.S. bank stocks, like its European counterparts, bore the brunt of investor worries over exposure to Turkey's crisis. The lira has tumbled more than 40 percent https://reut.rs/2vFv6Ue against the dollar this year on worries over President Tayyip Erdogan's increasing control over the economy and deteriorating...

Aug 13- The S&P 500 index treaded water on Monday as high-flying companies such as Apple and Amazon hit record highs, offsetting declines in shares of U.S. lenders due to a plunge in Turkish lira. Apple's shares jumped as much as 1.6 percent to hit a record high of $210.95 and Amazon.com rose as much as 2.1 percent to an all-time high of $1,925.00, while Google-parent...

TOKYO, July 31- Honda Motor Co raised its full-year forecast operating profit forecast on Tuesday, after posting a surprise rise in quarterly earnings due to higher automobile sales in North America and a rise in motorcycle sales in Asia. Japan's No. 3 automaker now expects an operating profit of 710 billion yen for the year to March 2019, versus an earlier view of...

July 30- Harley-Davidson Inc is launching lightweight motorcycles in Asia and electric bikes globally in the hope of reviving demand, as it faces falling sales in the United States and the threat of trade tariffs adding to its costs. Harley wants to woo younger buyers, particularly in fast-growing Asian markets including China and India, with nimbler...

*New launches include lightweight motorcycles for Asia. The 115- year-old Milwaukee, Wisconsin- based company, known for its heavy touring motorcycles, is scrambling to revamp its operations as its mainstay customer base ages by tapping into younger buyers, particularly in Asia, by offering nimbler motorcycles with smaller engines. Harley will develop...

*New launches include lightweight motorcycles for Asia. The 115- year-old Milwaukee, Wisconsin- based company, known for its heavy touring motorcycles, is scrambling to revamp its operations by tapping into younger buyers, particularly in Asia, by offering nimbler motorcycles with smaller engines. Harley will develop more accessible motorcycles with...

July 30- Harley-Davidson Inc said on Monday it would cut costs, launch new models including smaller light-weight motorcycles and revamp its dealer network in a plan to revive flagging sales in the face of rising global tariffs. The company said it expects to spend $675 million- $825 million on these initiatives and expects the new plan to generate more than $1...

July 30- Harley-Davidson Inc said on Monday it would spend as much as $275 million to revive growth through the launch of smaller light-weight motorcycles and greater focus on emerging markets in Asia. The company said it would fund its new plans by comprehensively cutting down on costs and reallocating previously planned investments.

WASHINGTON, July 27- The U.S. economy grew at its fastest pace in nearly four years in the second quarter as consumers boosted spending and farmers rushed shipments of soybeans to China to beat retaliatory trade tariffs before they took effect in early July. President Donald Trump, who ahead of Friday's release of the gross domestic product report had promoted...

WASHINGTON, July 27- The U.S. economy grew at its fastest pace in nearly four years in the second quarter as consumers boosted spending and farmers rushed shipments of soybeans to China to beat retaliatory trade tariffs before they took effect in early July. President Donald Trump, who ahead of Friday's release of the gross domestic product report had promoted...