Shares of Polaris Industries Inc. (NYSE:PII) ended Friday session in red amid volatile trading. The shares closed down -1.95 points or -2.36% at $80.84 with 2.64 million shares getting traded. Post opening the session at $82.08, the shares hit an intraday low of $79.59 and an intraday high of $83.30 and the price vacillated in this range throughout the day. The company has a market cap of $5.12 billion and the numbers of outstanding shares have been calculated to be 64.09 million shares.
Polaris Industries Inc. (PII) on September 6, 2016 announced the hiring of John M. Olson as Vice President and General Manager for Polaris Defense, effective immediately. Reporting directly to Bob Mack, President, Global Adjacent Markets, Olson will execute complete Polaris Defense P&L responsibility, lead and develop the long term strategy for the organization, and build it into a top supplier of innovative customer solutions to the Department of Defense and other Government agencies.
“John is incredibly accomplished, is highly conversant with cutting-edge technology, and has decades of experience with the Department of Defense, having both worked within that organization and conducted business with it as a contractor. His combination of energy and expertise will be a boon to our Defense business and our company as a whole,” said Scott Wine, Polaris Chairman and Chief Executive Officer. “Polaris Defense has made strides in recent years and has significant untapped potential. I am confident John is the right person to help us realize it.”
John joins us from Sierra Nevada Corporation, where as Vice President of their Space Systems business he was responsible for space-exploration systems, including the innovative Dream Chaser reusable spacecraft. Altogether, John has 28 years’ experience in DoD/USAF, NASA, and White House public service, including 12 years at the Pentagon, as well as 3 years’ executive leadership in private industry. He is also a veteran with active service in multiple conflicts, including overseas and wartime support during conflicts in the Gulf, Bosnia/Kosovo, Somalia, Iraq, Afghanistan, and Libya.
John holds a BS degree in Engineering Science and Mechanical Engineering from the Air Force Academy, dual M.S. degrees in Material Science, Engineering, and Avionics from the University of Illinois, and a Ph.D. in Industrial and Systems Engineering from Auburn University.
Shares of Harley-Davidson Inc (NYSE:HOG) ended Friday session in red amid volatile trading. The shares closed down -1.46 points or -2.81% at $50.57 with 2.60 million shares getting traded. Post opening the session at $52.08, the shares hit an intraday low of $50.56 and an intraday high of $52.31 and the price vacillated in this range throughout the day. The company has a market cap of $8.99 billion and the numbers of outstanding shares have been calculated to be 178.80 million shares.
On Aug. 30, 2016 The Harley-Davidson, Inc. (HOG) Board of Directors has approved a cash dividend of $0.35 per share for the third quarter of 2016. The dividend is payable Sept. 23, 2016, to the holders of record of the Company`s common stock on Sept. 13, 2016.