High yen stalls profits

NISSAN MOTOR (ADR) $20.06 (Nasdaq symbol NSANY; TSINetwork Rating: Above Average) (310-771-3111; www.nissan-global.com; ADRs o/s: 2.1 billion; Market cap: $42.1 billion; Dividend yield: 2.9%) is Japan’s second-largest automaker, after Toyota.
For the year ended March 31, 2018, Nissan’s revenue rose 2.0%, to 12.0 trillion yen ($108.8… Read More

Q: Pat: I’m looking for a replacement to Pure Industrial REIT, which got taken over recently. I have two candidates so far: Dream Industrial and WPT, which has all of its assets in the U.S., but is listed on the TSX. What do you think about those two? Thanks.

A: WPT Industrial REIT, $13.10, symbol WIR.U on Toronto (Units outstanding: 44.5 million; Market cap: $583.0 million; www.wptreit.com), is a Canadian REIT that owns and manages industrial properties in the U.S.

Right now, WPT has 52 properties in 15 states. In all, they include 17.6 million… Read More

Nissan deals with recall

NISSAN MOTOR (ADR) $18.97 (Nasdaq symbol NSANY; TSINetwork Rating: Above Average) (310-771-3111; www.nissan-global.com; ADRs o/s: 2.1 billion; Market cap: $40.4 billion; Dividend yield: 3.1%) has recalled nearly all the vehicles it sold in Japan over the past three years—about 1.2 million units—as a result of… Read More