Harley-Davidson Profit Rises on US Sales, Cuts
News from Bloomberg:

Harley-Davidson Inc. (HOG), the biggest U.S. motorcycle maker, had its largest gain since Nov. 30 after reporting a profit in the fourth-quarter by boosting sales in the U.S. and lowering costs.

Income from continuing operations totaled $ 54.6 million, or 24 cents a share, compared with a loss of $ 42.1 million, or 18 cents, a year earlier, Harley said today in a statement. The average estimate of 10 analysts surveyed by Bloomberg was for a profit of 22 cents a share. The shares rose 3.5 percent to $ 43.32 at the close in New York.

Harley, the maker of the Fat Boy and V-Rod motorcycles, has cut expenses by renegotiating labor contracts at factories in Pennsylvania and Wisconsin. The Milwaukee-based company has also introduced bikes, such as the $ 7,999 SuperLow, to attract women and other new riders. Retail sales rose 12 percent in the U.S. and 11 percent worldwide, the company said.

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UP candidate uses buffalo to cut costs
News from Deccan Chronicle:

There are no Boleros, Sumos or Xylos in his convoy. There are no motorcycle-borne young men to herald his arrival in parts of his constituency.

Ghamalu Choudhury of Prajatantrik Congress Party is contesting the Basti Sadar seat and, to keep his expenditure in check, he is using a buffalo to ferry him across the constituency.
“Vehicles are expensive and even more expensive are the cost of petrol and diesel. I cannot afford both so the easiest option for me was my buffalo,” he says.
Ghamalu travels from one part of his constituency to another riding on his buffalo. While he makes a strong statement against price hike, he also manages to attract sufficient attention of the voters.
“It has been a week since he started campaigning and he is already popular as “Bhainswale candidate” in the constituency. His party is little known and Ghamalu would have also remained a has-been candidate in the polls if it had not been for his buffalo idea,” says Balwant Singh, a local businessman.
Ghamalu, a first-time contestant, admits that though he is trying his luck in the Assembly polls, his main target is the 2014 Lok Sabha elections. “Whether I win or not, I will contest the Lok Sabha polls also,” he says and adds that using a buffalo as a means of transport allows him to interact with the poorest of the poor.
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