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 ECB unveils 80 billion euro swap deal with Fed. Show all posts
Showing posts with label ECB unveils 80 billion euro swap deal with Fed. Show all posts

ECB unveils 80 billion euro swap deal with Fed

The European Central Bank announced on Monday a "swap" arrangement with the US Federal Reserve that would help the Fed loan euros to US companies. An exchange of dollars and euros, commonly known as a swap arrangement, has already allowed the ECB to provide eurozone banks with the dollars they need to fund business operations on this side of the Atlantic, but this was the first such deal to be oriented towards the United States.

Tuesday, April 7, 2009

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