UPDATE 1-Polaris Q3 results beat; raises 2011 outlook
The company, which also makes snowmobiles and motorcycles,
expects 2011 profit of $3.10-$3.16 a share on sales growth of
30-32 percent.Polaris’ third-quarter net income rose to $67.6 million, or
95 cents a share, from $47.2 million, or 69 cents a share, a
year ago.Sales jumped 26 percent to $729.9 million. Sales of off-road
vehicles rose 25 percent to $486.2.Analysts had expected earnings of 84 cents a share on
revenue of $693.1 million, according to Thomson Reuters I/B/E/S.
UPDATE 1- St. Joe names new CEO
* Brady to not receive additional compensationOct 13 (Reuters) - Real estate developer St. Joe Co
appointed current Chief Operation Officer Park Brady as its
chief executive.On Feb. 28. the company had said CEO Britt Greene was
stepping down “in light of the feedback the board of directors
has received”.Brady, 64, had earlier served as the CEO of ResortQuest, a
unit of Wyndham Vacation Rentals .St. Joe, which owns about 574,000 acres, mostly in Northwest
Florida said the new CEO will not receive additional
compensation.Shares of Watersound, Florida-based St. Joe closed at $15.30
on Thursday on the New York Stock Exchange.
UPDATE 1- St. Joe names new CEO
* Brady to not receive additional compensationOct 13 (Reuters) - Real estate developer St. Joe Co
appointed current Chief Operation Officer Park Brady as its
chief executive.On Feb. 28. the company had said CEO Britt Greene was
stepping down “in light of the feedback the board of directors
has received”.Brady, 64, had earlier served as the CEO of ResortQuest, a
unit of Wyndham Vacation Rentals .St. Joe, which owns about 574,000 acres, mostly in Northwest
Florida said the new CEO will not receive additional
compensation.Shares of Watersound, Florida-based St. Joe closed at $15.30
on Thursday on the New York Stock Exchange.