HALISTER1: Harley-Davidson Sales Trends Put Guidance at Risk: William Blair

Harley-Davidson Sales Trends Put Guidance at Risk: William Blair

(Bloomberg) -- Continued “lackluster” retail sales trends putting ests., guidance at risk; difficult to pinpoint “what in the world is wrong” w/ co., William Blair analyst Sharon Zackfia writes in note.
  • HOG down 1.1% post-mkt on vol. 303k shrs
  • Believes domestic retail sales trends worsened in 1Q, mkt shr will drop by ~4% y/y to ~47%
  • Struggles occurring in relatively healthy mkt, losses not necessarily only currency-induced; suspects it may prove longer than initially anticipated for co. to reinvigorate trends
  • Downgrades to market perform from outperform
  • Harley-Davidson did not immediately respond to requests seeking comment
  • NOTE: Earlier, Harley-Davidson Trades Below 100-DMA; ITG Cuts Unit Sales Est.
    • Reports 1Q April 19
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
HOG US (Harley-Davidson Inc)

People
Sharon Zackfia (William Blair & Co LLC)

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UUID: 7947283

HALISTER: BlackRock’s Head Rates Trader Murtagh Said to Leave for Tradeweb

BlackRock’s Head Rates Trader Murtagh Said to Leave for Tradeweb

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
BLK US (BlackRock Inc)
0285235Z US (Tradeweb Markets LLC)

People
Colm Murtagh (BlackRock Inc)
Billy Hult (Tradeweb LLC)
Chris Bruner (Hilliard Farber & Co Inc)
Christian Bruner (Tradeweb Direct LLC)

Topics
Financial Firm Departures
Market Structure
Who's News - People
Management Changes

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UUID: 7947283

HALISTER: McDonald’s Chairman Andrew McKenna to Retire

McDonald’s Chairman Andrew McKenna to Retire

(Bloomberg) -- Andrew McKenna decided not to stand for re-election at annual shareholders’ meeting on May 26.
  • McKenna was a director for 25 years, chairman 12 yrs
  • Board names McKenna chairman emeritus following his retirement, will elect new independent chairman after annual meeting
Statement:Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
MCD US (McDonald's Corp)

People
Andrew McKenna (McDonald's Corp)

Topics
Who's News - People
Management Changes

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UUID: 7947283

(2) *MCDONALD'S SAYS ANDREW J. MCKENNA TO RETIRE AS CHAIRMAN

*MCDONALD'S SAYS ANDREW J. MCKENNA TO RETIRE AS CHAIRMAN

Alerts: HALISTER, HALISTER1
Source: BN (Bloomberg News)

Tickers
MCD US (McDonald's Corp)

People
Andrew McKenna (McDonald's Corp)
Becca Hary (McDonald's Corp)
Chris Stent (McDonald's Corp)
Stephen Easterbrook (McDonald's Corp)

Topics
Management Changes
Who's News - People

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UUID: 7947283