Tuesday, January 27, 2009
Poor earnings weigh on stocks
I chose this article because I am interested in the stock market right now, and when I saw this article I decided to read it. About half of the big companies are loosing money in the past three months of 2008. They still have a good chance to bring up their sales. Big companies are not sure what is going to happen in the stock market. Some companies are having a bad time with the market sales and they are borrowing money to stay in business.
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Yeah alot of companies are having to borrow money to stay in business. Best Buy had to borrow a loan to stay in business but they claim they're going to be okay. However, I saw that Circuit City was actually closing down. :(
ReplyDeleteI'd have to disagree, the stock market is so boring but to each his own
ReplyDeleteThe stock market isn't exactly my favorite topic either. However, right now that the economy is so bad, I think that we should all make an effort to know what is going on.
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