Brunswickâs Electrified, Connected Future
Author:
May 13, 2021
Brunswick Corp. revealed strategic plans for the next two years during its annual Investors Day, which include a significant adoption of electric propulsion, e-powered models and the launch of a new boat brand.
Brunswick Corp. CEO David Foulkes.
CEO David Foulkes
opened the virtual event highlighting the company’s record first quarter. Net sales of $1.43 billion reflected a 48.4 percent increase compared with the same quarter last year, with strong demand across all segments.
Foulkes also spoke of the continued transformation of Brunswick, which the company is calling the “Next Wave,” an extension of an operating model that started in 2019.
Thrust Issues
Tests show large disparities in trolling motor thrust versus product packaging. Should the industry standardize thrust ratings?
Author:
May 10, 2021
Trolling motors are a vital tool for professional freshwater anglers, though saltwater use is on the rise.
Garmin
In February 2020, trolling motors from four major manufacturers entered a climate-controlled room at the Garmin facility in Olathe, Kan. The Minn Kota Ultrex, MotorGuide X5, Lowrance Ghost and Garmin Force were all on hand. They were bolted to a platform and positioned in a 21-foot tank a little more than 6 feet deep. Then a third-party research firm measured them for thrust.
Off the Charts
May 7, 2021
Preliminary data from to Statistical Surveys, a Michigan firm that tracks new-boat registrations, continued to reflect a near-crazed demand for product.
With 31 states reporting, approximately 63 percent of the U.S. boating market, registrations in March were up 55 percent in the main powerboat categories and 34 percent on a year-over-year basis in those segments.
While comparisons to March 2020 may be skewed due to last year’s Covid-related shutdowns and work-from-home orders, they reflect a pattern seen during the last several months, with no signs of abating.
Total industry registrations were up 44 percent YOY with 46,407 boats sold. For the month, registrations for all categories came in at 22,238, a 67 percent spike from the same period last year.
Cramer s Mad Money Recap: Walmart, Costco
Jim Cramer talks about this big rotational pattern, and which retailers are poised to gain.
Author:
Original:
May 3, 2021
Not all stocks can go up at the same time, Jim Cramer told his Mad Money viewers Monday. There simply isn t enough money to push everything higher at once, he said, and that s how rotations are born.
For decades, investors have been told that stock picking is too hard and they d be better off with an index fund. And while Cramer said he agrees that index funds are great for retirement accounts or those with little time or inclination to pick their own stocks, for those that do, stock picking is the place to be.
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M&A in the media industry is about to pick up. Recently, the U.S. Supreme Court upheld the U.S. Federal Communications Commission’s (FCC) 2017 rollback of media ownership limits. Media companies that once avoided specific acquisitions due to regulatory ownership limits may now take a second look. But passing through FCC review is only part of the equation, with the U.S. Department of Justice Antitrust Division (DOJ) and many State Attorneys General frequently taking a hard look at deals in this sector. The Supreme Court’s decision affirming the FCC’s relaxation of its ownership limits means that antitrust scrutiny may now play a larger role in the clearance of media mergers as media companies look to make acquisitions past the FCC’s prior limits.