HCBK (MM)

The saving and loans industry has been volatile in recent months. While many companies in the industry continue to report improving credit quality, the dangerously high unemployment rate and the poor housing market have spoiled hopes of a robust recovery. This murky economic climate has led to a surge in merger and acquisition activity in the savings and loans industry, however the FDIC has begun to cancel or delay transactions because of concerns about the financial feasibility of some deals. The Bedford Report examines the outlook for companies in the Savings & Loans Industry and provides research reports on Hudson City Bancorp, Inc. (NASDAQ: HCBK) and New York Community Bancorp, Inc. (NYSE: NYB). Access to the full company reports can be found at:

www.bedfordreport.com/2011-01-HCBK www.bedfordreport.com/2011-01-NYB

In recent quarters most companies in the Savings and Loans industry have been setting aside less money to cover loan losses. More thorough and cautious credit checks have led to fewer delinquent loans and greater financial stability.

While the improving margin helped narrow losses and boost profits among these banks, long-term growth worries still loom. Loan growth has steadily declined due to economic uncertainties. As evident from the high unemployment numbers, companies are not hiring at the pace most expected this year, while capital spending is way down. At the end of 2010 the US unemployment rate was around 9.7 percent.

The Bedford Report releases regular market updates on the Savings and Loans Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Dividend paying companies are attracting a lot of attention right now. Investors usually count on dividend paying stocks during hectic times in the market believing in the company's security and real earnings power. Additionally, when interest rates get as low as they currently are, the return on dividends can far exceed that of bonds. Much of the talk in the financial sector as of late has been about the possible return of dividends to big banks that had to cut their dividends during the financial crisis. Many Savings & Loans companies, however, continue pay steady dividends. Hudson City Bancorp pays an annual dividend of 0.60 for a hefty 4.60% yield. New York Community Bancorp pays an annual dividend of 1.00 for a 5.40% yield.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

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