Harley-Davidson Inc. ( NYSE: HOG ), on Tuesday, announced its fourth-quarter
financial results. The company reported fourth-quarter loss from continuing
operations of $42.1 million, or $0.18 per share. For full year 2010, the company
reported income from continuing operations of $259.7 million, or $1.11 per
share, compared with income from continuing operations of $70.6 million, or
$0.30 per share. Keith Wandell, President and CEO of Harley-Davidson, said that
the company feels good about its 2010 results. Harley-Davidson shares have a
52-week range of $21.26-$39.96. The stock is currently trading above its 50-day
and 200-day moving averages. Harley-Davidson is a Milwaukee, Wisconsin-based
company, operating in two business segments; the Motorcycles & Related Products
segment and the Financial Services segment. Hercules Offshore Inc. ( NASDAQ:
HERO ), earlier this week, announced an investment of $10 million in Discovery
Offshore S.A., a newly created Luxembourg-based company, focusing on ownership
if high-specification jackup rigs. Hercules also announced that it will enter
into a Construction Management Agreement and Service Agreements with Discovery
Offshore for which the company will receive compensation. Hercules Offshore
shares have a 52-week range of $2.05-$4.86. The stock is currently trading above
its 50-day and 200-day moving averages. Hercules Offshore is a provider of
shallow-water drilling and marine services to the oil and natural gas
exploration and production industry worldwide. Ethan Allen Interiors Inc. (
NYSE: ETH ), earlier this week, announced its second-quarter fiscal 2011
financial results. The company reported second-quarter net sales of
$173.3million, up 21% over the same period in the previous year. The company's
net income for the second quarter was $14.7 million, or $0.51 per share,
compared with a net loss of $3.3 million, or $0.12 per diluted share for the
same period in the previous year. Commenting on the second-quarter financial
results, Farooq Kathwari, Chairman, President and CEO of Ethan Allen, said that
the company is pleased with continued increases in revenues and profitability
during the quarter ended December 31, 2010. Ethan Allen shares have a 52-week
range of $12.35-$25.40. The stock is currently trading above its 50-day and
200-day moving averages. Ethan Allen is a Danbury, Connecticut-based
manufacturer and retailer of home furnishings and accessories. This corporate
profile is provided for information purposes only and should not be used as the
basis for any investment decision. We are neither licensed nor qualified to
provide investment advice. We were not paid, nor do we hold a position in these
stocks. We reserve the right to buy or sell any stock mentioned in this report
at any time after this post.
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