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 Philippines may cut 2009. Show all posts
Showing posts with label Philippines may cut 2009. Show all posts

Philippines may cut 2009,2010 growth estimates

The Philippines plans to lower its official growth estimate this year to 3.1-4.1 percent from the previous 3.7-4.4 percent forecast due to weak exports and rising unemployment, Socioeconomic Planning Secretary Ralph Recto said on Monday. The Southeast Asian country may also cut its 2010 growth forecast to 4.6-5.5 percent from the previous 4.9-5.8 percent, Recto told reporters.

Sunday, April 19, 2009

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