Airlines and Airplanes Boeing, the world’s largest airplane maker, will introduce an exciting new kind of airplane called “787 Dreamliner”.The 787 Dreamliner can carry 210 to 330 passengers and fly about 5,300 miles (or New York to Moscow) to 9,800 miles (or New York to Singapore). The 787 Dreamliner uses light weight rust proof materials, promises to be fuel efficient, and adds many features to the passenger comfort.Boeing has already received close to 700 airplanes orders from close to 50 airlines for a price tag of $146 million to $200 million per plane.Boeing’s share price is close to $99 per share.
There are two major airplane makers in the world - Boeing and Airbus. Boeing is a US company and Airbus is an European company.The chances are that you have travelled on both.These planes are flown by all of the major airlines in the world, such as, American Airlines, Southwest Airlines, Delta Air Lines, United Airlines, Lufthansa, Air France, All Nippon Airways, and many more.
Computers and Electronics Apple stock price on July 6th was close to $132, or $10 more since Apple started to sell its iPhone on Jun 29th.Looks like people seems to like the iPhone sales and expect more good news for the company in the future.We will follow this again in the next few weeks.For details go to our Archives or click Volume 4.
Economy The US Labor Department, which tracks the job situation in the US, said that in June 132,000 jobs were added, which is more than most experts were expecting.Now that is good news because more people were able to find jobs that will give them money to buy things they need.
US unemployment rate remains steady at 4.5%. Unemployment is measured by the number of people who want to work but do not have jobs.For example, in the US there are over 150 million people who want to work and around 7 million cannot not find a job. In other words, over 4 in every 100 people in the US cannot find a job.In 1982-83, close to 10 out of every 100 people in the US could not find a job.There are countries where over 50 of 100 people cannot find a job.
How does money grow? Let us say, today, you have $0 saved in your piggy bank and you are 6 years old going to 1st grade. What if, you start to save 5 cents every day and put it in your piggy bank, then in a year you will have over $18 (5 cents multiplied by 365 days in a year = $18.25) in your piggy bank.Your friend also starts to do the same thing but instead of putting it in the piggy bank, he asks his parents to put his money in the bank.So after a year, your friend finds out that the money has grown to over $19.How did that happen? When you give your money to the bank, it used that money to make more money. This allows the bank to give you something extra to keep you happy.It is like a cherry on the top of your ice-cream. The ice cream is your money and the cherry is what the bank gives you extra. This extra money is called interest. Your friend got the extra cherry from the bank and made more than you did. How does the bank keep your money safe and still pay you interest?How did that work? Stay tuned, we will learn more about that in the coming issues.
Your Favorite Stocks (For details go to Archives or click Volume 5)
Company
Company known for?
If you bought one stock in Jan, 2007
This week stock is at?
How much did you gain or lose?
Films, Mickey Mouse, Toys, Entertainment, and more...
$34.20
$34.49
$0.29
Ready to eat foods like Frosted Flakes, Cereals, Rice-Krispies, Nutri-Grain, Eggo and more...
$49.89
$51.69
$1.8
Fast food hamburgers, restaurants and more...
$43.87
$51.43
$7.56
Coming Soon!!
How many Japanese Yen can you buy for a Dollar?
How Oil Prices and the Gas Price per Gallon change?
What is a business?Business is a place where people work to make things called products.For example, Ford makes cars that it sells to people and makes money when people buy them.
What is Economy?The word economy means everything related to the production and use of goods and services in an area. On a daily basis we buy many things (products) that come from many businesses, such as, food, drinks, toys, cars etc. When we buy or not buy such products it affects businesses, economy and all of us.
What is a stock? A stock is a share of a business. So when you buy a stock of a company, say, McDonald's, you become a McDonald's shareholder or part owner of the business.
What is DOW? The Dow (also known as DJIA or Dow Jones Industrial Average) tracks 30 large US companies stocks and it is 100 years old. DOW going up is good news as it indicates that the comapnies are expected to do well in the future.
What is S&P500? Standard & Poor's 500, is also called S&P500. It tracks 500 companies and how they are doing. It is over 50 years old and most widely used beacuse it is a better way to track the stock market. It represents over 7 out of 10 US public companies.
What is NASDAQ? NASDAQ stands for National Association of Securities Dealers Automated Quotations system. It sounds complicated but it is a highly computerized stock market. It was started in 1971. It has over 3,200 companies that are leaders in technology, communication, media etc.
Our information comes from multiple sources, such as, websites (company, stock exchange, news and reference), newspapers, library, journals, and school books.
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Bulls Market-Stocks Up!