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Mar Ivanios College alumni celebrate 75 th anniversary with vintage vehicle rally
Mar Ivanios College alumni celebrate 75 th anniversary with vintage vehicle rally

The Hindu

time02-08-2025

  • Automotive
  • The Hindu

Mar Ivanios College alumni celebrate 75 th anniversary with vintage vehicle rally

The Kowdiar Palace premises on Saturday were filled with vintage cars dating back to 1947. A slight drizzle added a peculiar sheen to the vehicles in metallic shades. The classic cars and super bikes had assembled at the location for a Convoy Drive coordinated by Club MB India for AMICOS, the Alumni Association of Mar Ivanios College, in the capital, as part of the college's platinum jubilee celebrations. The convoy comprised 25 cars and super bikes, each covering a distance of 12 km before reaching Mar Ivanios College campus. The rally passed through Vellayambalam, Museum, PMG, Pattom, Kesavadasapuram, Paruthipara and Nalanchira. The long line-up of vehicles included vintage models of the Volkswagen Beetle, Hindustan cars, Willys jeeps, several restored Ambassador cars and Contessa cars. The oldest car at the rally was a 1948 model Austin A40 Devon owned by a lawyer, Devanand Mahadev. Royal Enfield, Harley-Davidson, Jawa, and Triumph motorcycles were featured at the rally, too. 'A lot of the college alumni are car enthusiasts. So, when we gathered for such a celebration, we thought, why not have an auto rally? Members of AMICOS own most of the classic cars in the convoy,' said Mr. Koipuram. Avittam Thirunal Adithya Varma, a member of the erstwhile Travancore royal family, flagged off the rally at 8.15 a.m. He also participated in the rally, driving his cherry-red,1967-model Volkswagen Beetle. Several participants brought multiple cars. Joe Cherian, an entrepreneur, appeared with four cars—a 1973 Volkswagen Super Beetle, a 2010-model Beetle, a Maruti Suzuki SS80, and a 1964 model Ambassador, which was his father's first car. 'I have a 1989-model BMW E34, which I wanted to bring today. It is a model that featured in a few James Bond films. I could not bring it here, as we are waiting for a few imported parts.' Jose Pottamkulam, an alumnus of the college and racing enthusiast, participated in the rally with his friend, M.R. Ramesh, who owns and drives a 1966 model Morris Mini Moke. father purchased the UK-branded car from Australia six decades ago. The convoy was complete with bike riders from city-based clubs riding on different bikes. Director of Harley Owners Group (HOG), Travancore chapter, and filmmaker Rajeev Rajendran said, 'The Travancore chapter of HOG was established this year, so when we heard of this rally, we wanted to extend our support to them and all motor vehicle communities. We have a few people in our group who were alumni of Mar Ivanios College.'

Harley-Davidson Revenue Declines as Motorcycle Demand Continues to Sputter
Harley-Davidson Revenue Declines as Motorcycle Demand Continues to Sputter

Wall Street Journal

time30-07-2025

  • Business
  • Wall Street Journal

Harley-Davidson Revenue Declines as Motorcycle Demand Continues to Sputter

Harley-Davidson HOG -2.59%decrease; red down pointing triangle saw revenue continue to decline in its latest quarter as demand for its motorcycles remained under pressure from economic headwinds including global tariffs. The motorcycle maker on Wednesday said it would continue to hold off on providing guidance for the year. The company in May withdrew its sales and profit forecast for the year, blaming uncertainty over tariffs and the broader economy.

Harley-Davidson posts lower second-quarter profit
Harley-Davidson posts lower second-quarter profit

Reuters

time30-07-2025

  • Automotive
  • Reuters

Harley-Davidson posts lower second-quarter profit

July 30 (Reuters) - Harley-Davidson (HOG.N), opens new tab reported a lower second-quarter profit and did not provide an annual forecast on Wednesday, as U.S. President Donald Trump's tariffs continued to weigh on the motorcycle maker. Leisure vehicle demand has been on a decline in the U.S., with consumers rethinking non-essential purchases in an uncertain economy. Harley's sales have taken a hit over the years as its bikes struggle to resonate with younger riders, who are looking for fuel efficient models instead with modern safety features. The company's quarterly profit fell to $108 million, or 88 cents per share, from $218 million, or $1.63 per share, a year ago.

2 Small-Cap Stocks to Keep an Eye On and 1 to Think Twice About
2 Small-Cap Stocks to Keep an Eye On and 1 to Think Twice About

Yahoo

time16-06-2025

  • Automotive
  • Yahoo

2 Small-Cap Stocks to Keep an Eye On and 1 to Think Twice About

Investors looking for hidden gems should keep an eye on small-cap stocks because they're frequently overlooked by Wall Street. Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets. These trade-offs can cause headaches for even the most seasoned professionals, which is why we started StockStory - to help you separate the good companies from the bad. That said, here are two small-cap stocks that could be the next 100 baggers and one that could be down big. Market Cap: $2.94 billion Founded in 1903, Harley-Davidson (NYSE:HOG) is an American motorcycle manufacturer known for its heavyweight motorcycles designed for cruising on highways. Why Should You Dump HOG? Sluggish trends in its motorcycles sold suggest customers aren't adopting its solutions as quickly as the company hoped Shrinking returns on capital suggest that increasing competition is eating into the company's profitability 13× net-debt-to-EBITDA ratio shows it's overleveraged and increases the probability of shareholder dilution if things turn unexpectedly Harley-Davidson is trading at $24.20 per share, or 7.3x forward P/E. Dive into our free research report to see why there are better opportunities than HOG. Market Cap: $5.94 billion Backed by two million square feet of lab testing space, AAON (NASDAQ:AAON) makes heating, ventilation, and air conditioning equipment for different types of buildings. Why Are We Backing AAON? Annual revenue growth of 20.7% over the past five years was outstanding, reflecting market share gains this cycle Earnings growth has trumped its peers over the last five years as its EPS has compounded at 18.2% annually Market-beating returns on capital illustrate that management has a knack for investing in profitable ventures AAON's stock price of $73 implies a valuation ratio of 30.2x forward P/E. Is now the time to initiate a position? Find out in our full research report, it's free. Market Cap: $8.57 billion Founded in 1992 as a scientifically-driven alternative to traditional contract research organizations, Medpace (NASDAQ:MEDP) provides outsourced clinical trial management and research services to help pharmaceutical, biotechnology, and medical device companies develop new treatments. Why Are We Positive On MEDP? Core business is healthy and doesn't need acquisitions to boost sales as its organic revenue growth averaged 17.8% over the past two years Performance over the past five years was turbocharged by share buybacks, which enabled its earnings per share to grow faster than its revenue Rising returns on capital show management is finding more attractive investment opportunities At $297 per share, Medpace trades at 23.9x forward P/E. Is now a good time to buy? See for yourself in our full research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

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