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Durable goods are just that: hard goods; they don't wear out quickly and can be used over and over again for at least several years. Think your car, TV, refrigerator or computer. These are certainly not disposable, one-time use items.
The opposite of a hard good is (surprise!) a soft good or, if you like, a non-durable good. These are products you use once, like your lunch at McDonald's, the gas in your car and the ugly sweater your grandmother bought you for your birthday. These items have an intended lifespan short of three years, or are consumed immediately.
Investors pay attention to the monthly durable orders report released by the Commerce Department around the end of each month. When durable goods are strong, it means that U.S. manufacturing is humming along, though economists tend to parse the numbers pretty closely. Big-ticket items can skew the overall results, since an order for, say, 75 Boeing 747s has a bigger impact than 75 iPods. Luckily, the data lets economists break down the sectors.
Home / Markets / Industries / Energy
Friday, May 09, 2008
ProEx Energy Ltd. to Present at Tristone Capital Global Energy Forum
Comtex
CALGARY, May 9, 2008 (Canada NewsWire via COMTEX News Network) ----(TSX - PXE) ProEx Energy Ltd. ("ProEx" or "Company") today announced that it will be presenting at the Tristone Capital Global Energy Forum in Paris, France.
Mr. David Johnson, President and Chief Executive Officer of ProEx, will present at 3:20 p.m CEDT, (9:20AM, EDT), on Wednesday, May 14, 2008. Interested investors may access the audio webcast of the presentation at https://tristonecapital-ls.webex.com/tristonecapital-ls/onstage/g.php?p(equal sign)2&t=m and can access a copy of the presentation slides at Progress' website at www.progressenergy.com.
ProEx Energy Ltd. is a Calgary based junior oil and natural gas company with operations in northeast British Columbia. Common shares of ProEx are listed on the Toronto Stock Exchange under the symbol PXE.
Forward Looking Statements - Certain information regarding ProEx Energy Ltd. set forth in this document, including management's assessment of ProEx Energy Ltd.'s future plans and operations, contains forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond ProEx Energy Ltd.'s control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, the lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources. ProEx Energy Ltd.'s actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that ProEx Energy Ltd. will derive therefrom.
%SEDAR: 00020978E
SOURCE: ProEx Energy Ltd.
Greg Kist, Vice President, Investor Relations and Marketing, Phone: (403) 539-1809, Fax: (403) 216-2514, Email ir@proexenergy.com, Web: www.proexenergy.com
Copyright (C) 2008 CNW Group. All rights reserved.
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