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HOG, PII, BWS were Today’s Top Stocks from Consumer Goods Sector

Top Stock Market News and Alerts – HOG, PII, BWS

 

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(EMAILWIRE.COM, October 16, 2009 ) Dallas, TX - Harley-Davidson, Inc. (NYSE:HOG) was one of the most active gainers in today`s trade as it rallied over 5.45% to close at $27.69 on huge volume of 16.77 million shares after Harley-Davidson, Inc. announced that it will divest its MV Agusta unit and also discontinue the Buell product line. Harley-Davidson will now begin actively looking for a buyer for MV Agusta to continue along the development of the brand as an manufacturer of motorcycles.

Polaris Industries Inc. (NYSE:PII) was among the top movers and surged 10.70% to end at $48.71 on huge volume of 1.57 million shares after Polaris Industries Inc. revised its fiscal 2009 guidance and expects earnings per share to be in the range of $2.92 to $2.98, compared to previous EPS guidance of $2.70 to $2.90 and sales to decline in the range of 20% to 22% compared to fiscal 2008, narrowed from previously issued guidance. The Company reported revenue of $1.948 billion in fiscal 2008. According to Reuters Estimates, analysts on an average are expecting the Company to report EPS of $2.76 on revenue of $1.527 billion for fiscal 2009.

Brown Shoe Company, Inc. (NYSE:BWS) jumped 8.07% or $0.80 to $10.71 on over 468K shares. The stock made an intraday high and low of $10.78 and $9.80 respectively. So far the stock jumped over 96% in last six months of trade. Over the past 5 trading sessions, the stock prices shoot up 14%. Brown Shoe Company, Inc., incorporated in 1913, operates in the footwear industry. The Company provides a range of licensed, branded and private-label casual, dress and athletic footwear products to women, men and children.

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