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Economic Indicators
Date Submitted: 11/16/2004 01:37:01
Economic Indicators
Stock Prices: Stock prices are very important to a company in that it shows how valuable the company is in the public eye. In essence, possessing stock is the same as owning part of a company. The rules of supply and demand apply in the stock market. When the stock price of a company goes up, it means that people are paying more to buy it because the demand is higher. When it
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to acquire some decent publicity, hope that the war in Iraq is a short victorious one, and pray that consumers and investors will have drive to spend money should the US win as expected. . By closing the unprofitable stores it has, cutting labor through layoffs, turning a profit, and potentially using the war momentum in the economy, Kmart may be looking at a recovery if it can stay solvent through the next year or so.
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