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 Japan slashes growth outlook. Show all posts
Showing posts with label Japan slashes growth outlook. Show all posts

Japan slashes growth outlook

Japan's government slashed on Monday its economic forecasts, saying gross domestic product would shrink 3.3 percent over the next year, and a senior ruling party official said further stimulus would be needed. The cabinet formally approved a record 15.4 trillion yen ($159 billion) stimulus plan, largely funded by new bonds - with market players warning sliding tax revenue and more stimulus spending would mean even more bond issuance.

Tuesday, April 28, 2009

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