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TM Earnings Up 352 Percent: Watch PowerShares BLDRS Asia 50 ADR Index Fund

By Market News Video Staff, Friday, November 5, 8:31 AM ET

Toyota Motor Corporation (NYSE:TM) earned 98.7 billion yen in the second quarter, up 352% from the same year-ago period.

Shares of Toyota are trading higher in the premarket.

The PowerShares BLDRS Asia 50 ADR Index Fund (NASDAQ:ADRA) holds more than 8.5% of its portfolio in TM stock, with BHP Billiton (NYSE:BHP) as its only larger holding. The Vanguard Pacific ETF (AMEX:VPL) is about 4% Toyota with their largest holding being Mitsui & Company (MITSY).

Find the right mix of model portfolios today at PortfolioChannel.com

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