BRIEF-EdR announces leasing results for 2016-2017 lease term
* Same-Community portfolio of 27,537 beds opened 2016-2017 lease term 96.7% occupied with rate growth of 3.4%
CHICAGO Polaris Industries Inc (PII.N) posted a higher quarterly profit on Tuesday, helped by strong sales of its motorcycles and off-road vehicles.
The Minneapolis-based company said it had earned $108.7 million, or $1.56 a share, during the fourth quarter, up from $88.1 million, or $1.24 a share, a year earlier.
Sales rose 20 percent to $1.08 billion, Polaris said.
Polaris said it expected 2014 earnings from continuing operations to rise 14 percent to 18 percent to a range of between $6.17 and $6.37 a share.
(Reporting by James B. Kelleher; Editing by Lisa Von Ahn)
* Eugene Putnam, Jr., president and CFO will be leaving co effective November 30, 2016
* Intelsat announces final results of exchange offer for certain notes of Intelsat Jackson holdings S.A.