Harley beats expectations despite dollar, pricing headwinds

Harley-Davidson Inc beat Wall Street profit and sales expectations on Tuesday despite headwinds from a strong U.S. dollar and steep discounts by rivals, sending shares up 4 percent. The company cited strong demand for new models and a rebound in U.S. sales late in the quarter. Harley also said it will not lower prices on its iconic motorcycles and that a recent drop in its share price warrant ramping up a share buyback.