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 China's ICBC says confident 2009 profits will rise. Show all posts
Showing posts with label China's ICBC says confident 2009 profits will rise. Show all posts

China's ICBC says confident 2009 profits will rise

Industrial and Commercial Bank of China (ICBC), the world's biggest lender by market value, said on April 16 that it was confident profits would rise this year over 2008. The bank earned 110.8 billion yuan ($16.2 billion) last year, up 36 percent from in 2007, as state-run ICBC posted fourth-quarter profit that nudged higher to $2.65 billion from higher provisions against soured assets that offset loan growth.

Sunday, April 19, 2009

Labels

Uncategory

Healths

Downloads

Labels

Followers

Archive

BlogCatalog