Issue link: http://read.dmtmag.com/i/636351
10 • February 15, 2016 • Powersports Business FINANCIAL www.PowersportsBusiness.com Sheffield Financial, a division of Branch Bank- ing and Trust Company, and Polaris Sales Inc., a subsidiary of Polaris Industries Inc., have agreed to a five-year extension of their retail financing contract, effective Jan. 1. The agreement allows Sheffield to con- tinue providing lending services to Polaris customers through the Polaris dealer network. The contract covers installment financing for Polaris' ATVs, Polaris Ranger and RZR side-by-sides, snowmobiles, Vic- tory motorcycles, Indian Motorcycles and Slingshot roadsters, and Global Electric Motorcars (GEM) on-road electric/hybrid- powered vehicles. "Sheffield has proven their ability to handle our customers' financing needs while offer- ing exceptional service to our dealer network. Extending our relationship reinforces our commitment to have competitive retail financ- ing available to our dealers to help support our collective growth plans," said Michael T. Speetzen, executive vice president and chief financial officer for Polaris. "We are extremely pleased with the confi- dence Polaris has placed in us to offer financ- ing products to its customers," said Jack Snow, Sheffield Financial president. "It's an honor to continue expanding our presence in the pow- ersports industry with such a strong partner and proven market leader." Sheffield signed its first contract with Polaris in February 2009 to provide install- ment loans to its customers. PSB POWERSPORTS BUSINESS STOCKS Stock Price Price Percent 52-Week Company Ticker 1/22/16 12/31/15 Change High Low Arctic Cat, Inc. ACAT $12.33 $16.38 -24.7% $39.72 $11.46 ARI Network Services, Inc. ARIS $3.63 $4.50 -19.3% $4.82 $2.74 Assurant, Inc. AIZ $79.47 $80.54 -1.3% $87.20 $59.73 Brunswick Corp. BC $42.23 $50.51 -16.4% $56.63 $36.05 CDK Global CDK $43.30 $47.47 -8.8% $57.89 $39.67 General Electric Co. GE $28.24 $31.15 -9.3% $31.49 $19.37 Harley-Davidson, Inc. HOG $40.73 $45.39 -10.3% $66.28 $38.88 Honda Motor Corp. ADR HMC $28.72 $31.93 -10.1% $36.44 $27.15 Polaris Industries, Inc. PII $81.95 $85.95 -4.7% $158.24 $76.65 TCF Financial Corporation TCB $12.13 $14.12 -14.1% $17.29 $11.75 Stock Price Price Percent 52-Week Company Ticker 1/22/16 12/31/15 Change High Low ArvinMeritor ARM $6.96 $8.35 -16.6% $15.28 $6.03 Bridgestone Corp. ADR BRDCY $17.24 $17.35 -0.7% $21.61 $15.85 Carlisle Companies CSL $80.09 $88.69 -9.7% $104.99 $75.17 Cooper Tire & Rubber CTB $35.89 $37.85 -5.2% $43.94 $31.18 Dover Corporation DOV $53.29 $61.31 -13.1% $78.21 $50.91 Intl. Speedway Corp. Cl. A ISCA $31.77 $33.72 -5.8% $38.27 $28.54 Deere & Company DE $74.61 $76.27 -2.2% $98.23 $70.16 MarineMax, Inc. HZO $16.23 $18.42 -11.9% $28.69 $13.56 Spy Inc. XSPY $0.10 $0.03 228.4% $1.01 $0.02 Speedway Motorsports, Inc. TRK $18.28 $20.72 -11.8% $25.66 $17.39 Universal Technical Institute UTI $3.48 $4.66 -25.3% $10.45 $2.81 POWERSPORTS BUSINESS INDEX COMPONENTS INTERNATIONAL STOCKS OF INTEREST Source: Wells Fargo Securities LLC Stock Price Price Percent 52-Week Company Ticker 1/22/16 12/21/15 Change High Low BMW AG BMW-ETR 79.71 € 97.63 € -18.4% 123.75 € 72.05 € BRP, Inc. DOO-TSE $15.66 $19.88 -21.2% $29.80 $14.70 Kawasaki Heavy Industries 7012-TKS 363 ¥ 452 ¥ -19.7% 647 ¥ 340 ¥ KTM Powersports AG KTM-WBO 128.50 € 122.00 € 5.3% 140.00 € 99.69 € Michelin ML-PAR 81.77 € 87.90 € -7.0% 103.90 € 77.40 € NGK Sparkplug 5334-TKS 2729 ¥ 3215 ¥ -15.1% 3900 ¥ 2559 ¥ Suzuki Motor 7269-TKS 3294 ¥ 3703 ¥ -11.0% 4781 ¥ 3101 ¥ Yamaha Motor 7272-TKS 2340 ¥ 2744 ¥ -14.7% 3245 ¥ 2108 ¥ Yokohama Rubber 5101-TKS 1682 ¥ 1871 ¥ -10.1% 2904 ¥ 1592 ¥ DOMESTIC STOCKS OF INTEREST Sheffield, Polaris extend deal FOREIGN CURRENCY EXCHANGE 1/22/16 1 Month Ago 6 Months Ago Year Ago Annual Price Price %Change Price %Change Price %Change High Low Australian Dollar 1.42 1.38 -2.8% 1.36 -4.8% 1.23 -13.3% 1.23 1.46 British Pound 0.70 0.67 -3.3% 0.64 -8.3% 0.66 -5.0% 0.63 0.71 Canadian Dollar 1.41 1.39 -1.4% 1.30 -7.8% 1.23 -12.8% 1.20 1.46 Euro 0.92 0.91 -1.3% 0.92 -0.6% 0.88 -5.2% 0.86 0.95 Indian Rupee 67.65 66.34 -1.9% 63.59 -6.0% 61.67 -8.8% 61.34 67.99 Indonesian Rupiah 13,850 13,675 -1.3% 13,378 -3.4% 12,488 -9.8% 12,472 14,698 Japanese Yen 118.51 120.90 2.0% 124.04 4.7% 117.92 -0.5% 116.25 125.64 Malaysian Ringget 4.30 4.30 0.1% 3.79 -11.7% 3.60 -16.2% 3.55 4.46 Phillipine Peso 47.81 47.34 -1.0% 45.24 -5.4% 44.34 -7.2% 44.07 47.94 Singapore Dollar 1.43 1.40 -1.6% 1.37 -4.3% 1.34 -6.5% 1.32 1.44 South Korean Won 1,200.20 1,173.25 -2.2% 1,153.60 -3.9% 1,084.95 -9.6% 1,068.60 1,214.05 Taiwan Dollar 33.61 32.83 -2.3% 31.19 -7.2% 31.43 -6.5% 30.43 33.76 Thailand Bhat 36.04 36.08 0.1% 34.66 -3.8% 32.60 -9.6% 32.31 36.58 Note: A positive percent change reflects a weakening of the U.S. dollar and a strengthening of the foreign currency. Source: Wells Fargo Securities LLC