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Yen Weakens Against Euro, Providing Earnings Boost for Exporters

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Japanese Firms,Japanese Companies,European Sales

(Bloomberg) -- The yen has weakened about 9% against the euro so far this year providing a potential earnings boost for Japanese companies with significant...

-- The yen has weakened about 9% against the euro so far this year providing a potential earnings boost for Japanese companies with significant sales in Europe.Mortgages Stuck Around 7% Force Rapid Rethink of American Dream

In addition to direct imports to Europe, the weaker yen can also help Japanese firms undercut pricing of European competitors in third countries, according to Tsuyoshi Ueno, a senior economist at NLI Research Institute. Stocks splits are usually bullish. Here are 8 expensive stocks that could get a boost by following Nvidia's 10-for-1 move.

 

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