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Stock impact report

Why Polaris Stock Revved Higher Today [Yahoo! Finance]

Polaris Inc. (PII) 
Last polaris inc. earnings: 4/28 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Indian sales represented about 7% over the 12 months ended June 30. 10 stocks we like better than Polaris › Powersports vehicle maker Polaris (NYSE: PII) announced a restructuring move today that sent shares zooming higher. The maker of all-terrain vehicles (ATVs), side-by-side vehicles, snowmobiles, motorcycles, and boats is separating its Indian Motorcycle business into a stand-alone company. Investors cheered the news for several reasons. Polaris shares were higher by 10.4% as of 9:55 a.m. ET. Image source: Getty Images. Polaris is creating value for shareholders Polaris is separating its Indian Motorcycle business aiming to improve its earnings profile. The company will sell a majority stake in Indian to private equity firm Carolwood. The iconic motorcycle brand contributed about 7% of Polaris' revenue in the trailing-12-month period ended June 30. Polaris CEO Mike Speetzen said he expects both Polaris and Indian Motorcycle to benefit from the move. He stated this i Show less Read more
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