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SECURITIES

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From Times Staff and Wire Reports

Harley-Davidson Says SEC Looking Into Trading: Harley-Davidson Inc. said the Securities and Exchange Commission is conducting an informal inquiry into trading in its stock in advance of this week’s announcement of unexpectedly weak earnings growth. The motorcycle maker’s stock dropped 31% over the past two sessions with about a third of that decline coming in advance of the release of its third-quarter earnings report. According to spokesman Ken Schmidt, the company was attempting to determine whether someone inside Harley-Davidson leaked the earnings statement prematurely, resulting in the selling fervor.

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