Harley-Davidson Reorganizes & Slows Production

2017 Harley-Davidson Touring CVO Limited

Shares in Harley-Davidson Inc (HOG.N), jumped more than 9 percent on Tuesday as the market shrugged off sluggish U.S. retail motorcycle sales. Harley’s shares touched a two-month high on the company’s plan to streamline its operations, reorganize and reduce its workforce during the fourth quarter in a move that will cost the company $20 million to $25 million. Shares of Harley-Davidson were at $54.39 up 9.45 percent in afternoon trade….

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