USDJPY and US 10Yr yield, the differential of both have always had strong positive correlation in past. However, recently we have witnessed a decoupling in the correlation between the Japanese yen and US 10 Yr yields, where differential have started widening.
The yields on 10Yr bonds have fallen on account of Fed policies keeping its interest rate nearly zero, whereas Yen has depreciated against the dollar largely due to the extended Asset Purchase program by BOJ supported by week macro economic data in Japan. If Fed maintains its policy rates unchanged and on other side Bank of Japan continues to expand its monetary policy to boost economy which should be enough to lift the USDJPY towards north. Hence, the differential between USDJPY and US 10Yr yield will uphold in near term. Now, the question remains for how long this will sustain as in past both have positive correlation for prolong period.
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Best Japanese Companies To Own In Right Now: Eagle Bancorp Montana Inc.(EBMT)
Eagle Bancorp Montana, Inc. operates as the holding company for American Federal Savings Bank, which provides retail banking products and services primarily in the south central Montana. The company?s deposit products include checking accounts, NOW accounts, statement savings accounts, money market accounts, individual retirement accounts, and certificates of deposit accounts. Its loan portfolio consists of one-to-four-family residential mortgage loans; home equity loans and home equity lines of credit; and commercial real estate mortgage loans consisting of developed and undeveloped land loans, and loans on multi-family dwellings. The company also offers real estate construction loans; consumer loans comprising auto loans, RV loans, boat loans, personal loans and credit lines, and deposit account loans; and commercial business loans. It operates six full service retail banking offices located in Helena, Bozeman, Butte, and Townsend, as well as six automated teller machin es. The company was founded in 1922 and is headquartered in Helena, Montana.
Best Japanese Companies To Own In Right Now: J.B. Hunt Transport Services Inc.(JBHT)
J.B. Hunt Transport Services, Inc., together with its subsidiaries, operates as a surface transportation, delivery, and logistics company in North America. It operates in four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Full-Load Dry-Van (JBT), and Integrated Capacity Solutions (ICS). The JBI segment provides intermodal freight solutions, including origin and destination pickup and delivery services in the continental United States, Canada, and Mexico. This segment operates 45,666 pieces of company-controlled trailing equipment; and manages a fleet of 2,592 company-owned tractors. The DCS segment involves in the design, development, and execution of supply chain solutions, which support various transportation networks. This segment offers final mile delivery, replenishment, and specialized services supporting private fleet conversion, fleet creation, and transportation system augmentation. As of December 31, 2010, it operated 4,259 company-owned trucks, 357 customer-owned trucks, and 23 independent contractor trucks. The JBT segment provides full-load, dry-van freight services by utilizing tractors operating over roads and highways. It operated 1,697 company-owned tractors. The ICS segment provides non-asset, asset-light, and transportation logistics solutions. It offers flatbed, refrigerated, expedited, and less-than-truckload, as well as various dry-van and intermodal solutions. The company transports a range of freight, including general merchandise, specialty consumer items, appliances, forest and paper products, building materials, soaps and cosmetics, automotive parts, electronics, and chemicals. J.B. Hunt Transport Services, Inc. was founded in 1961 and is headquartered in Lowell, Arkansas.
Advisors' Opinion:- [By Chris Hill]
In this installment of Investor Beat, our analysts explain why they're watching J.B. Hunt Transport Services (NASDAQ: JBHT ) and Wells Fargo (NYSE: WFC ) .
- [By Monica Gerson]
JB Hunt Transport Services (NASDAQ: JBHT) is estimated to post its Q3 earnings at $0.78 per share on revenue of $1.45 billion.
KMG Chemicals (NYSE: KMG) is expected to report its Q4 earnings at $0.27 per share on revenue of $79.00 million.
- [By Ben Levisohn]
Like everyone else, Deutsche Bank’s Justin Yagerman starts with his reservations: FedEx has gained 28% during the past three months, trumping the United Parcel Service�� (UPS) 14% advance, the 1.1%rise in�J.B. Hunt Transport Services�(JBHT) and the 3.9% loss in�Expeditors International of Washington�(EXPD).
5 Best Financial Stocks To Invest In Right Now: Piedmont Natural Gas Company Inc.(PNY)
Piedmont Natural Gas Company, Inc., an energy services company, engages in the distribution of natural gas to residential, commercial, industrial, and power generation customers in portions of North Carolina, South Carolina, and Tennessee. It also operates energy-related businesses, including unregulated retail natural gas marketing, regulated interstate natural gas storage, and intrastate natural gas transportation. The company serves approximately 1 million customers, including 51,800 customers served by municipalities. Piedmont Natural Gas Company, Inc. was founded in 1949 and is headquartered in Charlotte, North Carolina.
Advisors' Opinion:- [By Rick Munarriz]
Tuesday
Piedmont Natural Gas (NYSE: PNY ) hopes to energize investors with its quarterly report on Tuesday. The utility company distributes natural gas to more than a million customers in North Carolina, South Carolina, and Tennessee. The stock's 3.7% yield may not seem high, but slow and steady growth should give Piedmont the ability to increase that payout over time. - [By Seth Jayson]
Piedmont Natural Gas (NYSE: PNY ) reported earnings on June 7. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended April 30 (Q2), Piedmont Natural Gas crushed expectations on revenues and met expectations on earnings per share.
Best Japanese Companies To Own In Right Now: First Quantum Minerals Ltd (FQVLF)
First Quantum Minerals Ltd. (First Quantum) is a mineral exploration, development and mining company. First Quantum is engaged in the production of copper, gold, nickel and acid and related activities, including exploration, development and processing. As of December 31, 2011, the Company�� operating mines and projects are located in Zambia, Mauritania, Australia, Finland and Peru. It is developing the Kevitsa nickel-copper-platinum project in Finland and the Sentinel copper project in Zambia, and exploring the Haquira copper deposit in Peru. As of December 31, 2011, it produced London Metal Exchange grade equivalent copper cathode, copper in concentrate, nickel, gold and sulphuric acid. During the year ended December 31, 2011, it produced 265,576 tons of copper, 175,225 ounces of gold. In March 2012, Eurasian Natural Resources Corp PLC acquired its residual claims and assets in respect of the Kolwezi Tailings project, the Frontier and Lonshi mines and related exploration interests.Best Japanese Companies To Own In Right Now: Norwood Financial Corp.(NWFL)
Norwood Financial Corp. operates as the holding company for the Wayne Bank, which provides various commercial banking products and services to individuals, businesses, nonprofit organizations, and municipalities in Pennsylvania. The company?s various deposit products include interest-bearing and noninterest bearing transaction accounts, statement savings and money market accounts, and certificate of deposits. Its loan products comprise mortgage loans to finance principal residences, as well as second home dwellings; commercial loans, including lines of credit, revolving credit, term loans, mortgages, secured lending, and letter of credit facilities; construction loans for commercial construction and single-family residences; and indirect dealer financing of new and used automobiles, boats, and recreational vehicles. The company also offers various other services, such as cash management, direct deposit, remote deposit capture, automated clearing house activity, credit ser vices, trust, investment products, real estate settlement services, and Internet banking. It operates five offices in Wayne County, three offices in Pike County, and three offices in Monroe County, and also serves Lackawanna and Susquehanna counties. The company operates eleven automated teller machines in its branch locations. Norwood Financial Corp. was founded in 1870 and is headquartered in Honesdale, Pennsylvania.
Advisors' Opinion:- [By Marc Bastow]
Bank holding company Norwood Financial (NWFL) raised its quarterly dividend 7.1% to 30 cents per share, payable on Feb. 3 to shareholders of record as of Jan. 15.
NWFL Dividend Yield: 4.39%
Best Japanese Companies To Own In Right Now: Digital Realty Trust Inc.(DLR)
Digital Realty Trust, Inc., a real estate investment trust (REIT), through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. It focuses on strategically located properties containing applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter users, including the information technology departments of Fortune 1000 companies, and financial services companies. The company?s property portfolio consists of Internet gateway properties, corporate datacenter properties, technology manufacturing properties, and regional or national offices of technology companies. As of December 31, 2008, Digital Realty?s portfolio consisted of 75 properties, including 62 located in North America and 13 located in Europe. Digital Realty Trust has elected to be treated as a REIT for federal income tax purpo ses and would not be subject to income tax, if it distributes at least 90% of its REIT taxable income to its stockholders. The company was founded in 2004 and is headquartered in San Francisco, California with additional offices in Boston, Chicago, Dallas, Los Angeles, New York, Northern Virginia, and Phoenix, as well as in Dublin, London, and Paris.
Advisors' Opinion:- [By Rick Munarriz]
Friday
Things are usually quiet on Fridays, but that won't stop Digital Realty Trust (NYSE: DLR ) from reporting.The REIT specializing in data center properties came under attack two months ago, when Highfields Capital Management argued that Digital Realty's model and its dividends aren't sustainable. The REIT fought back, but the shares continue to trade for less than they did at the time of the bearish comments from the hedge fund.
- [By Paul Ausick]
Stocks on the Move: NQ Mobile Inc. (NYSE: NQ) is up 11.6% at $12.29 as the company continues to claw its way back from an awful short-seller report. Criteo SA (NASDAQ: CRTO) is up 13.9% at $35.30 following its IPO today. Digital Realty Trust Inc. (NYSE: DLR) is down 15.3% at $49.16 on lowered guidance.
- [By Ong Kang Wei]
For example, Digital Realty (DLR) is the undoubted leader in the data storage industry, with a market cap of $8.3B. Its other three competitors, DuPont Fabros (DFT), CoreSite Realty (COR) and CyrusOne (CONE), have market caps of $1.5B, $930M and $430M respectively. In addition, with the level of complexity involving Digital's business making it immensely difficult for companies to operate data centre facilities, the company is in a good position for future growth. The company also has a wide network of 595 tenants (significantly more than other competitors), including CenturyLink (CTL), AT&T and Morgan Stanley (MS). This further secures its long term business prospects and also its dominance over its competitors.
- [By Adam Aloisi]
Trading 30% lower than it did around a year ago and with a short float of around 20%, data services provider Digital Realty (DLR) has developed into the REIT industry's most controversial stock. Short interest has more than doubled over the past six months, aided largely by a highly publicized bearish position taken by Highfield Capital's Jonathan Jacobsen. Though the stock trades at a fairly low multiple based on current operating expectations, investors appear about as motivated to buy a piece of DLR as they would a beach house with a hurricane approaching.
Best Japanese Companies To Own In Right Now: Marvell Technology Group Ltd.(MRVL)
Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based microprocessor integrated circuits. It offers mobile and wireless products, including communications processors, applications processors, and standalone wireless products, as well as combination devices, which incorporate wireless, Bluetooth, and FM radio capability. The company also provides storage products comprising tape drive controllers, read channel, hard disk controllers, solid-state drive controllers, hybrid drive controllers, and storage-system products for hard disk drives, tape drive electronics, optical disk drives, solid-state flash drives, hybrid drives, and storage subsystems technology. In addition, it offers networking, such as switching products that enable voice, video, and data traffic to be carried through the network for the enterprise networking, carrier access, and small office/home office/residential n etworking markets; communications controller and embedded processor products; and enterprise transceiver and Ethernet connectivity products. Further, the company provides printing ASIC products; digital video processing products; and power management and green technology products, such as DSP switcher integrated regulators, analog switching regulators, and mixed-signal light-emitting diode drivers. It operates in the United States, Canada, China, Germany, Hong Kong, India, Israel, Italy, Japan, Korea, Malaysia, Netherlands, Singapore, Spain, Sweden, Switzerland, Taiwan, and the United Kingdom. The company was founded in 1995 and is based in Hamilton, Bermuda.
Advisors' Opinion:- [By Rich Smith]
LSI is cheaper than it looks
When you stack up LSI stock against a couple of its larger competitors -- Marvell Technology (NASDAQ: MRVL ) and Texas Instruments (NASDAQ: TXN ) , it's not immediately clear that LSI is a bargain. Right off the bat, you can see that the stock sells for 30 times earnings -- while TI costs only 23.3 times earnings, and Marvell costs an even 22.0. - [By Rick Munarriz]
Marvell Technology (NASDAQ: MRVL ) also landed on top. Analysts weren't holding out for much here, either. They saw revenue and earnings per share sliding 9% and 39%, respectively, for the maker of mobile communications equipment. After posting eight straight quarterly declines in year-over-year profitability, there was little reason to see that streak ending on Thursday.
Best Japanese Companies To Own In Right Now: Sussex Bancorp(SBBX)
Sussex Bancorp operates as the holding company for Sussex Bank that provides commercial banking and related financial services to individual, business, and government customers primarily in the United States. The company?s deposit products include personal and business checking accounts, time deposits, money market accounts, and regular savings accounts. Its loan products portfolio comprises commercial, consumer, mortgage, home equity, and personal loans. The company also operates a general insurance agency, which offers commercial and personal lines of insurance. As of April 27, 2011, Sussex Bancorp operates through 10 offices, including 8 offices located in Sussex County, New Jersey; and 2 in Orange County, New York, as well as serves Pike County, Pennsylvania. The company was founded in 1975 and is based in Franklin, New Jersey.
Best Japanese Companies To Own In Right Now: CAPITAL DRILLING LTD ORD USD0.0001(CAPD.L)
Capital Drilling Limited provides exploration, development, grade control, and blast hole drilling services to mineral exploration and mining companies. The company operates a fleet of 77 drilling rigs. It offers various drilling services, including surface diamond core; high air capacity reverse circulation, such as deep-hole RC for mineral exploration and mining; grade control; heli-portable diamond; deep directional core orientation; air core drilling using medium to light weight rigs; geotechnical; and coal and coal bed methane, as well as water bores and mine dewatering services. It also provides various products and services, such as assorted supplies, conventional hammers and bits, diamond coring products, down hole survey, drilling fluids, geological and survey equipment, mobile accommodation units, reverse circulation drilling equipment, ridgid tools and petol tongs, safety equipment, top hammer drilling, and tricone rockbits. In addition, the company offers suppo rt services, such as safety, environmental, human resource, systems, and training management services. Further, it provides data and voice solutions to corporate and non-governmental organizations. The company has operations in Tanzania, Zambia, Egypt, the Democratic Republic of Congo, Pakistan, Armenia, Serbia, Papua New Guinea, Mozambique, Hungary, Eritrea, and Chile. Capital Drilling Limited was founded in 2004 and is headquartered in Singapore.
Best Japanese Companies To Own In Right Now: Nexus Energy Ltd (NXS.AX)
Nexus Energy Limited engages in the exploration, development, and production of oil and gas in Australia. It primarily holds interests in the Longtom gas project located in production license VIC/L29 within the Gippsland Basin, Victoria; and the Crux AC/L9 asset and WA-377-P exploration permit located in the Browse Basin, Western Australia. The company is based in Melbourne, Australia.
Best Japanese Companies To Own In Right Now: Eni(ENI.MI)
Eni SpA, an integrated energy company, engages in the exploration, production, transportation, transformation, and marketing of oil and natural gas. The company is also involved in the production and sale of electricity; refining and marketing of petroleum products; and production and sale of petrochemical products and hydrocarbons. In addition, it engages in the offshore and onshore hydrocarbon field construction. Further, the company offers offshore and onshore drilling, and offshore design and engineering services for oil and gas companies. It has a strategic partnership with Gazprom for the joint development of projects in the upstream oil and gas markets. Eni SpA has operations primarily in Europe, Africa, Asia, and the Americas. The company was founded in 1953 and is headquartered in Rome, Italy.
Best Japanese Companies To Own In Right Now: Deckers Outdoor Corporation(DECK)
Deckers Outdoor Corporation engages in the design, manufacture, and marketing of footwear and accessories for outdoor activities and casual lifestyle use to men, women, and children. The company offers luxury footwear and accessories under the UGG brand name; high performance multi-sport shoes, rugged outdoor footwear, and sport sandals under the Teva brand name; casual and sustainable-lifestyle sneakers and accessories under the Simple brand name; casual footwear under the TSUBO brand name; and outdoor performance and lifestyle footwear under the Ahnu brand name. Its accessories include handbags and cold weather outerwear. The company sells its products primarily to specialty retailers, department stores, outdoor retailers, sporting goods retailers, shoe stores, and online retailers. Deckers Outdoor Corporation also sells its products directly to end-user consumers through its Web sites, call centers, retail concept stores, and retail outlet stores, as well as through ret ailers in the United States. In addition, the company distributes its products through independent distributors and retailers in Europe, Canada, Australia, Asia, and Latin America. It has a joint venture with Stella International Holdings Limited for the opening of retail stores and wholesale distribution for the UGG brand in China. Deckers Outdoor Corporation was founded in 1973 and is headquartered in Goleta, California.
Advisors' Opinion:- [By Alex Planes]
Colorful clog maker Crocs disappointed on both top and bottom lines in its latest quarter, because of sluggish back-to-school sales, weaker employment growth, and macroeconomic uncertainty both domestically and abroad. Crocs' same-store sales in the Americas and Japan fell by 8.3% and 16.3%, respectively, but it's still enjoying notable growth in European and Asia-Pacific markets, where customers have taken great interest in the comfortable brand. This recent weakness has led Crocs to underperform the indexes as compared to Deckers Outdoor (NASDAQ: DECK ) , Skechers (NYSE: SKX ) and other shoe-makers -- its growth during our three-year tracking period is now the weakest of any major shoe brand (including shoe outlet Foot Locker (NYSE: FL ) :
- [By Luke Jacobi]
Deckers Outdoor (NASDAQ: DECK) lost 7.04 percent to close at $63.15 after word of a negative report on the company from OTR global hit the street early today.
- [By Brian Stoffel]
I'm going to attempt something a little odd today, Fools. Even though�Deckers Outdoor (NASDAQ: DECK ) stock makes up just less than 1% of my real-life holdings, I'm going to be giving you two reasons to consider selling the stock today.
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