Harley Davidson Falls

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Harley-Davidson (HDI ) posted 77 cents, vs. 68 cents first-quarter earnings per share on a 6% revenue rise. It notes first-quarter U.S. retail sales of motorcycles fell short of expectations. The company cuts its 339,000 2005 unit shipment forecast to 329,000 units, and mid-teens earnings per share growth forecast to 5% to 8%. The shares moved sharply lower Wednesday.

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