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 Nikkei slides 4.5 percent. Show all posts
Showing posts with label Nikkei slides 4.5 percent. Show all posts

Nikkei slides 4.5 percent

Japans Nikkei stock average fell 4.5 percent on Monday, its biggest one-day fall in over 2 months, as automakers tumbled after a US task force rejected the restructuring plans of General Motors and Chrysler LLC. In a stunning reversal for management at both automakers and GM investors and creditors who had bet on a softer line, the Obama administration task force warned both firms could be put through bankruptcy to slash debts.

Tuesday, March 31, 2009

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