Joe Taschler, Milwaukee Journal Sentinel Published 3:49 p.m. ET April 28, 2020 Harley-Davidson on Tuesday reported lower quarterly sales and earnings and said it’s launching a new strategic plan and conserving cash as motorcycle sales fall worldwide due to the COVID-19 pandemic.The company also slashed its dividend to 2 cents a share from 38 cents and said it is in talks with major U.S. banks to secure $1.3 billion in liquidity.“In the face of significant uncertainty, we have taken swift action to protect the company by bolstering our already strong balance sheet and liquidity position,” Jochen Zeitz, acting president and CEO of Harley-Davidson, said in a statement.Investors appear to like what they see in the Harley earnings report: The company’s shares were up 14% at one point in trading on Tuesday.Here’s the rundown of what the company reported Tuesday:Sales, earnings”Global retail motorcycle sales in the first quarter were significantly impacted by COVID-19,” Harley said in a statement. “U.S. retail sales were up a strong 6.6 percent until the pandemic took hold in the U.S. in mid-March.”GDP preview: Report should show initial wave of coronavirus damage as Fed vows continued aidAn ‘uphill battle’: Workers face tough time proving firms liable if they catch COVID-19For the full


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