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Goldman Sachs, JPMorgan Chase And 3 Stocks To Watch Heading Into Tuesday - Johnson & Johnson (NYSE:JNJ)
Benzinga· 2025-10-14 06:17
With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:Wall Street expects Goldman Sachs Group Inc. (NYSE:GS) to report quarterly earnings at $11.00 per share on revenue of $14.10 billion before the opening bell, according to data from Benzinga Pro. Goldman Sachs shares gained 1% to $795.00 in after-hours trading.Analysts are expecting JPMorgan Chase & Co. (NYSE:JPM) to post quarterly earnings at $4.84 per share on revenue of $45.3 ...
Is this the next American motorcycle revolution? Indian Motorcycle breaks free from Polaris, Harley-Davidson veteran at the helm
The Economic Times· 2025-10-14 03:51
Polaris has announced that it will separate its Indian Motorcycle business into a standalone company and subsequently sell the legendary American brand to the private A new CEOThe press release notes that Kennedy previously served as CEO of the RumbleOn dealership group, CEO and President of Vance & Hines, and held multiple leadership positions at Harley-Davidson over a 26-year career.Live EventsPolaris has faced a challenging year, largely driven by reduced marketing investments amid economic uncertainty, ...
Polaris Stock Is Rallying After Hours: What's Fueling The Move?
Benzinga· 2025-10-13 20:52
Core Viewpoint - Polaris Inc plans to divest its majority stake in Indian Motorcycle to focus on more profitable growth areas, with the transaction expected to close in Q1 2026 [2][3]. Group 1: Transaction Details - Polaris has entered into a definitive agreement to sell a majority stake in Indian Motorcycle to Carolwood LP, an independent private equity firm [2]. - The separation is projected to increase Polaris' annualized adjusted EBITDA by approximately $50 million and adjusted earnings by about $1 per share [3]. - Polaris will retain a small equity position in Indian Motorcycle post-transaction, with Mike Kennedy appointed as CEO of the new independent entity [4]. Group 2: Financial Performance - Polaris anticipates third-quarter sales to be at the high end of its guidance range of $1.6 billion to $1.8 billion, with adjusted earnings expected between 31 cents and 41 cents per share, significantly higher than previous expectations [5]. - Following the announcement, Polaris shares rose by 12.45% in after-hours trading, reaching $69 [6].
Polaris to Sell Indian Motorcycle Business to Private-Equity Firm
WSJ· 2025-10-13 20:18
Core Insights - The sale of a heavyweight bike brand is anticipated to enhance Polaris's profits and enable the company to concentrate on its primary off-road vehicle business [1] Summary by Categories Financial Impact - The divestiture is expected to significantly boost Polaris's profitability [1] Strategic Focus - The transaction will allow Polaris to refocus its resources and efforts on its core off-road vehicle segment [1]
Polaris to Separate Indian Motorcycle into a Standalone Company, Will Sell Majority Stake to Carolwood LP
Prnewswire· 2025-10-13 20:10
Core Insights - Polaris Inc. has announced the separation of Indian Motorcycle into a standalone business, selling a majority stake to Carolwood LP, a private equity firm [1][2] - The transaction is expected to enhance Polaris' adjusted EBITDA by approximately $50 million and adjusted earnings per share by about $1.00, with completion anticipated in Q1 2026 [2] - Polaris aims to focus on areas with the strongest growth potential, while Indian Motorcycle is expected to thrive under Carolwood's ownership [2] Polaris and Indian Motorcycle Separation - The decision to separate Indian Motorcycle allows Polaris to concentrate resources on more profitable growth areas [1] - Indian Motorcycle contributed approximately $478 million, or 7.0%, to Polaris' revenues for the trailing twelve months ending June 30, 2025 [1] - Polaris will maintain a small equity position in Indian Motorcycle post-transaction [2] Leadership Changes - Mike Kennedy has been appointed as the CEO of the new independent Indian Motorcycle organization, bringing over 30 years of experience in the motorcycle industry [3] - Mike Dougherty, Polaris President of On Road and International, will lead the transition until the deal closes and has announced his intent to retire afterward [6][7] Employee and Operational Continuity - Approximately 900 employees will transition to the new Indian Motorcycle Company, retaining key personnel including engineers and designers [5] - Indian Motorcycle will continue to operate independently, providing sales, service, and support through its global dealer network [5] Financial Performance and Future Outlook - Polaris is scheduled to report its Q3 2025 results on October 28, 2025, with preliminary sales expected to be at the high end of the guidance range of $1.6 billion to $1.8 billion [8][9] - Adjusted EPS for Q3 is anticipated to be between $0.31 and $0.41, significantly higher than previous expectations due to strong cost management and operational efficiency [9]
Polaris: Dividend Drifts On Thin Ice - Sell (NYSE:PII)
Seeking Alpha· 2025-10-10 08:45
Polaris Inc. (NYSE: PII ) traces its roots to 1954 . That year, Edgar Hetteen, Allan Hetteen, and David Johnson launched the company in Minnesota . The firm went public in 1987 and rebranded fromAlways on the hunt for undervalued, promising stocks with a focus on risk and reward. Limited risks and decent to high upside by knowing what one's owning. I strongly believe that the best investment ideas are often the simplest. If contrarian, the better.Analyst’s Disclosure:I/we have no stock, option or similar de ...
Polaris: Dividend Drifts On Thin Ice - Sell
Seeking Alpha· 2025-10-10 08:45
Polaris Inc. (NYSE: PII ) traces its roots to 1954 . That year, Edgar Hetteen, Allan Hetteen, and David Johnson launched the company in Minnesota . The firm went public in 1987 and rebranded fromAlways on the hunt for undervalued, promising stocks with a focus on risk and reward. Limited risks and decent to high upside by knowing what one's owning. I strongly believe that the best investment ideas are often the simplest. If contrarian, the better.Analyst’s Disclosure:I/we have no stock, option or similar de ...
Bennington Marine Launches Fully Redesigned QX Flagship Model and Expanded 2026 Lineup
Prnewswire· 2025-10-07 14:03
, /PRNewswire/ -- Bennington Marine, North America's leading manufacturer of luxury pontoon boats, is setting a new benchmark in the luxury pontoon category with the launch of its fully redesigned QX flagship model and a bold refresh of its S and M Series for Model Year 2026. The new lineup blends timeless design with intuitive technology and thoughtful innovation, delivering unmatched comfort and customization. The 2026 Bennington QX has been reimagined with every detail thoughtfully designed to enhance ...
Polaris (PII): Riding Strong Among the Dividend Champions
Yahoo Finance· 2025-10-05 19:49
Group 1 - Polaris Inc. is recognized as one of the Best Dividend Stocks, being part of the Dividend Champions List, highlighting its strong dividend performance [1] - The company has consistently provided growing dividends for the past 30 years, currently offering a quarterly dividend of $0.67 per share, resulting in a dividend yield of 4.28% as of October 2 [2] - Polaris specializes in powersports, focusing on off-road vehicles such as ATVs and side-by-sides, and also owns the Indian Motorcycle brand, expanding its presence in the marine sector with pontoons and recreational boats [3] Group 2 - The company's strategy emphasizes launching new products, maintaining leadership in core markets, optimizing its dealer network, and diversifying revenue across off-road, on-road, and marine segments [4]
LIGHTS, ENGINES, ACTION
Prnewswire· 2025-10-01 16:00
Polaris' Off-Road Takeover Returns with High-Octane Action, Exhilarating Rides and New "Tough Enough" Obstacle Course MINNEAPOLIS, Oct. 1, 2025 /PRNewswire/ -- Polaris Off Road, the leader in off-road innovation, announces the return of Camp RZR —October 31 to November 1—as the official kickoff to dune season. "Dusty Days, Neon Nights," returns with Polaris setting the stage for an epic weekend in the Glamis Imperial Sand Dunes, the heart of Southwest off-roading. Thousands of riders will come together to c ...