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Even if you don't think you do, you already know plenty about commodities. Want us to prove it? No problem.
What makes oil produced in Saudi Arabia different from oil exported from Nigeria? It's the same thing that makes the corn you ate at last summer¿s barbecue different from the corn used to produce ethanol. Stumped? Well, don't feel bad, it's a trick question. The answer? Absolutely nothing. Corn is corn no matter where it comes from -- just as wheat is wheat and natural gas is -- right! -- natural gas. (Though the quality may differ, the make-up is uniform.)
So, in less elaborate terms, corn and oil (and all other commodities) are homogenous goods that can be processed, resold and more often than not, used as an input to the production of other goods or services. These goods are traded on a commodity exchange, thus setting the price-per-barrel (or other metric unit) used to value them.
Now pay attention, here's a question that indeed does have an answer: What is the difference between a commodity and a stock? While a stock can tank and become worthless, a commodity cannot have its value be wiped to zero. One other difference: Most commodities are traded in futures, meaning traders buy and sell where they think the price of a product will be at a certain point in the future. Stocks trade based on the value of the underlying company at that point in time.
Home / Markets / Industries / Health Care
Monday, May 05, 2008
Sun Healthcare Group, Inc. to Present at the Bank of America 2008 Healthcare Conference
Comtex
IRVINE, CA, May 05, 2008 (MARKET WIRE via COMTEX News Network) ----Sun Healthcare Group, Inc. (NASDAQ: SUNH) today announced that L. Bryan Shaul, the company's chief financial officer, and Michael Montevideo, vice president and treasurer, will present at the Bank of America 2008 Healthcare Conference on May 15 at 10:30 a.m. Pacific/1:30 p.m. Eastern. The conference is being held at the Four Seasons Hotel in Las Vegas, Nevada.
A live audio web cast of the presentation will be available on May 15, 2008, at www.sunh.com on the site's investor information page. In addition to a live webcast, a replay of that webcast will be available starting three hours after the conclusion of the presentation through Friday, May 30, 2008, at the same web address.
About Sun Healthcare Group, Inc.
Sun Healthcare Group, Inc., with executive offices in Irvine, California, owns SunBridge Healthcare Corporation and other affiliated companies that operate long-term and postacute care facilities in many states. In addition, the Sun Healthcare Group family of companies provides therapy through SunDance Rehabilitation Corporation, hospice services through SolAmor Hospice and medical staffing through CareerStaff Unlimited, Inc.
About Bank of America 2008 Healthcare Conference
The Bank of America 2008 Health Care Conference will feature presentations by the chairmen, chief executive officers, presidents, and heads of research and development of approximately 200 leading Health Care companies, as well as small group and one-on-one meetings. The conference will focus on providing insights into some of the new products and emerging paradigms in numerous Health Care sectors.
Contact: Investor Inquiries (505) 468-2341 Media Inquiries (505) 468-4582
SOURCE: Sun Healthcare Group, Inc.
Copyright 2008 Market Wire, All rights reserved.
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