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 Power. Show all posts
Showing posts with label Power. Show all posts

Sterling rises to $1.60 versus dollar

Sterling retained a broadly bullish tone on Wednesday as the pound breached the key $1.60 level against the dollar, a near seven-month high. Receding pessimism about the UK economy and financial sector buoyed the pound, as well as rising equities and higher oil prices, prompting investors to shed the dollar and yen for perceived riskier assets.

Thursday, May 28, 2009

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