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Harley Davidson (HOG) reported results Friday and they were as expected, anemic. The guidance for 2008, was, too be honest a bit more rosy than I would have expected.
Here is the nitty gritty:
Fourth-quarter net income fell 26% to $186.1 million, or 78 cents a share, from $252.4 million, or 97 cents a share. Analysts expected earnings of 82 cents a share. Revenue fell 7.7% to... read more
Shares Circuit City (CC) surged over 20% last week on news that Hollywood Entertainment Corp founder Mark Wattles acquired a 6.5% stake.
According to a filing with the SEC, Wattles acquired the stake in Circuit City for "investment purposes and may buy additional shares, encourage the company to enter a merger, or nominate candidates for the board."
Wattles, who owns 32 stores of... read more