review each post 100 words minimum each
1. When I was looking at The White House Economy website I noticed quite a few links that were very interesting. The first link is for Creating American Jobs. Under this link it shows a sort of power point presentation. What I found interesting about this section was the third slide. It talks about the American Recovery and Reinvestment Act. This act helped to create jobs in America while also creating economic security for the middle class. The next interesting bit of information really hits home for me. I grew up in Detroit, Michigan surrounded by the Auto Industry. I have family and friends who have worked for Chrysler, Ford, and GM. In 2009 the government bailout programs saved Chrysler and GM which saved many jobs and even created more. President Obama demanded that Chrysler and GM create more fuel efficient cars in exchange for aid. This is one of the best things that the President could have done because it created more jobs and put more money in working class peoples pockets. There are many more links on The White House website that have a lot of great information.
WC:193
Economy. (2014, July 23). Retrieved October 4, 2016, from https://www.whitehouse.gov/economy
2. I went to the NYSE site and did a little browsing to see what the site was all about, as you might know NYSE stands for New York stock exchange, it is a site to help keep investors up to date on the market. Let people know about the market status and they also have polls and show their twitter updates. I decided to look up the Kohl's Corporation, as of today 10/4 it is up by +0.34 or 79%. There is so much information on this site about a certain companies stock. There is a section for a price chart that you can compare dates, you are able to pick that dates that you want to compare. I went in and entered today's date 10/4/16 and compared it to last years date 10/4/15, is shows you a chart of where the company stood through the entire time that you pick, when looking I noticed that last year was a better year for the company, it started to take a drastic drop in May of 2016 but it slowly starting to rise.You can also look at a chart that compares years instead of just months, it is very interesting to see the changes. There is also another section that compares each day, how the stock opened and closed and all that is in between. The very last section is called the key financial data, to me is very interesting because you are able to look up the companies financial statements, from the income statement to the balance sheet to the cash flow! Just about anything that you would want to know about stock in a company is all available at your fingertips on this website! Another very interesting website to keep in mind for investors!
Leanne Grogan
https://www.nyse.com/quote/XNYS:KSS
3. The NASDAQ is a global electronic marketplace for buying and selling securities. It enables investors to trade securities on a computerized and fast system and has an index of more than 3,000 stocks listed on its exchange. The NASDAQ trades shares in many different types of companies such as capital goods, consumer durables and non-durables, energy, finance, healthcare, public utilities, technology, and transportation. However, it is most well-known for its high-tech stocks which include Microsoft, Apple, and Intel, etc. The NASDAQ is considered to be the second largest exchange in the world behind the New York Stock Exchange (NYSE).
To be listed on the NASDAQ, a company must maintain a stock price of at least $1 and the value of outstanding stock must total at least $1.1 million. The NASDAQ has no trading floor, so brokers usually buy and sell stocks through a market maker, who is a person who handles a specific stock. On the NASDAQ website, I looked at a small company called Aeterna Zentaris (AEZS). AEZS is a specialty biopharmaceutical company that develops and commercializes new treatments in oncology, endocrinology, and women's health treatments. Some of the useful data you can find out on the company is the current share price of their stock as well a history of past performance. Also, you can find their annual report, income statements, and dividend history as well as company news and press releases.
Stephen Wolf
References:
Lasher, W.R. (2014). Practical Financial Management. 8th Ed. (pp. 184-188). Boston, MA: Cengage Learning.
NASDAQ. Retrieved on October 3, 2016 from http://www.nasdaq.com/
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