Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label Autos. Show all posts
Showing posts with label Autos. Show all posts

Autos, bank worries lift safe-haven dollar

The dollar and yen rose on Monday as fears of bankruptcy for US automakers General Motors and Chrysler and persistent worries about banks world-wide boosted safe-haven flows into the two currencies. The euro continued to retreat from last weeks two-month high above $1.37, falling below $1.32 after Spain was forced to take over a regional savings bank, while Standard & Poors cut the credit ratings of Hungary and Ireland.

Wednesday, April 1, 2009

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