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 New Zealand's. Show all posts
Showing posts with label New Zealand's. Show all posts

Haier to take 20 percent in New Zealand's Fisher & Paykel

New Zealand's Fisher & Paykel Appliances said Wednesday that Chinese appliance and electronics giant Haier will take a 20 percent stake in the company. The New Zealand white goods manufacturer has been trying to restructure its debt, which ballooned to 518 million dollars (323.5 million US) as it shifted manufacturing to cheaper countries such as Thailand and Mexico, and as the lower New Zealand dollar swelled its foreign debt.

Thursday, May 28, 2009

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