Issue link: https://read.dmtmag.com/i/752766
www.PowersportsBusiness.com FINANCIAL Powersports Business • November 28, 2016 • 9 Synchrony Financial (NYSE: SYF), a premier consumer financial services company, on Nov. 7 announced a multi-year agreement to be the exclusive provider of consumer financ- ing for all new and used CFMOTO brand ATVs, UTVs and side-by-side products sold in the United States. CFMOTO is a leading global manufacturer of powersports products sold at more than 200 dealerships in the United States. The multi- year agreement will allow qualifying buyers to access promotional installment financing offers through CFMOTO dealers. "This exclusive agreement with CFMOTO allows us to provide financing options for its customers wanting to take their dream products home on the same day," said Glenn Marino, executive vice president and CEO, Payment Solutions, Synchrony Financial. "The ability to provide financing is important for dealers to enhance the shopping experience and to grow their business." "Synchrony Financial is a leader in the pow- ersports financing industry and will be instru- mental in providing us the insights and the tools to grow sales for our dealers nationwide," said Eric Fan, chief financial officer, CFMOTO. "Convenient access to financing will help our dealers close sales and help consumers pursue their powersports passions." PSB POWERSPORTS BUSINESS STOCKS Stock Price Price Percent 52-Week Company Ticker 11/7/16 10/14/16 Change High Low Arctic Cat, Inc. ACAT $15.45 $14.63 5.6% $22.53 $8.90 ARI Network Services, Inc. ARIS $5.10 $5.20 -1.9% $5.50 $3.33 Assurant, Inc. AIZ $80.10 $90.98 -12.0% $92.63 $64.36 Brunswick Corp. BC $44.01 $48.05 -8.4% $55.65 $36.05 CDK Global CDK $56.51 $54.54 3.6% $60.09 $39.67 General Electric Co. GE $29.04 $28.89 0.5% $33.00 $27.10 Harley-Davidson, Inc. HOG $56.67 $49.83 13.7% $58.35 $36.36 Honda Motor Corp. ADR HMC $28.18 $29.41 -4.2% $33.42 $24.03 Polaris Industries, Inc. PII $79.93 $75.79 5.5% $114.89 $67.80 TCF Financial Corporation TCB $14.29 $14.25 0.3% $15.68 $10.37 Stock Price Price Percent 52-Week Company Ticker 11/7/16 10/14/16 Change High Low ArvinMeritor ARM $10.32 $10.73 -3.8% $11.70 $5.69 Bridgestone Corp. ADR BRDCY $18.44 $18.73 -1.5% $19.24 $15.56 Carlisle Companies CSL $106.31 $104.82 1.4% $109.13 $75.17 Cooper Tire & Rubber CTB $34.23 $36.35 -5.8% $42.65 $29.29 Dover Corporation DOV $66.62 $67.78 -1.7% $74.90 $50.91 Intl. Speedway Corp. Cl. A ISCA $33.08 $30.95 6.9% $37.87 $29.71 Deere & Company DE $88.70 $86.40 2.7% $89.78 $70.16 MarineMax, Inc. HZO $15.95 $20.86 -23.5% $22.03 $13.56 Spy Inc. XSPY $0.08 $0.07 23.1% $0.40 $0.02 Speedway Motorsports, Inc. TRK $18.15 $17.42 4.2% $21.32 $16.62 Universal Technical Institute UTI $1.63 $1.56 4.6% $5.88 $1.42 TCF Financial Corporation TCB $14.29 $14.25 0.3% $15.68 $10.37 POWERSPORTS BUSINESS INDEX COMPONENTS INTERNATIONAL STOCKS OF INTEREST Source: Wells Fargo Securities LLC Stock Price Price Percent 52-Week Company Ticker 11/7/16 10/14/16 Change High Low BMW AG BMW-ETR 76.97 € 76.84 € 0.2% 104.85 € 63.38 € BRP, Inc. DOO-TSE $24.89 $26.00 -4.3% $27.30 $13.87 Kawasaki Heavy Industries 7012-TKS 293 ¥ 293 ¥ 0.0% 502 ¥ 257 ¥ Michelin ML-PAR 96.07 € 96.86 € -0.8% 100.30 € 77.40 € NGK Sparkplug 5334-TKS 2023 ¥ 1917 ¥ 5.5% 3595 ¥ 1391 ¥ Suzuki Motor 7269-TKS 3831 ¥ 3579 ¥ 7.0% 4010 ¥ 2450 ¥ Yamaha Motor 7272-TKS 2393 ¥ 2164 ¥ 10.6% 3045 ¥ 1409 ¥ Yokohama Rubber 5101-TKS 1808 ¥ 1660 ¥ 8.9% 2420 ¥ 1170 ¥ DOMESTIC STOCKS OF INTEREST FOREIGN CURRENCY EXCHANGE 11/7/16 1 Month Ago 6 Months Ago Year Ago Annual Price Price %Change Price %Change Price %Change High Low Australian Dollar 1.30 1.32 1.2% 1.36 4.4% 1.42 9.1% 1.28 1.46 British Pound 0.81 0.80 -0.5% 0.69 -14.1% 0.66 -17.8% 0.65 0.82 Canadian Dollar 1.34 1.33 -1.1% 1.29 -3.5% 1.33 -0.8% 1.25 1.46 Euro 0.90 0.89 -1.0% 0.88 -3.2% 0.93 3.0% 0.87 0.95 Indian Rupee 66.75 66.73 0.0% 66.58 -0.2% 65.79 -1.4% 65.79 68.72 Indonesian Rupiah 13,088 12,985 -0.8% 13,241 1.2% 13,560 3.6% 12,947 14,078 Japanese Yen 104.53 103.13 -1.3% 106.66 2.0% 123.17 17.8% 100.15 123.58 Malaysian Ringget 4.21 4.16 -1.3% 4.00 -4.9% 4.31 2.4% 3.87 4.41 Phillipine Peso 48.58 48.30 -0.6% 47.09 -3.1% 46.93 -3.4% 46.02 48.58 Singapore Dollar 1.39 1.37 -1.2% 1.36 -2.2% 1.42 2.1% 1.34 1.44 South Korean Won 1,143.15 1,115.60 -2.4% 1,154.40 1.0% 1,141.90 -0.1% 1,090.05 1,238.85 Taiwan Dollar 31.51 31.48 -0.1% 32.41 2.9% 32.50 3.1% 31.20 33.76 Thailand Bhat 35.01 34.91 -0.3% 35.17 0.5% 35.58 1.6% 34.56 36.37 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 Synchrony, CFMOTO team up on consumer financing agreement