News Summary

• Harley-Davidson's shares jumped more than 20% on Wednesday after it announced a sale of loans worth over $5 billion to and PIMCO.
• The motorcycle maker, however, reported quarterly profit below estimates and withheld annual forecasts due to tariffs.
• Harley plans to reduce its debt by $450 million with the deal, while retaining full control and majority ownership of its financial arm.
• Between February and now, close to 100 U.S. companies have either withdrawn or cut their guidance as uncertainty over tariffs throws financial planning out of gear.