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Commodity

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.

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AptarGroup, Inc. Announces Second Quarter Conference Call Information

 
Comtex
 

CRYSTAL LAKE, Ill., Jun 23, 2008 (BUSINESS WIRE) ----AptarGroup, Inc. (NYSE:ATR) today announced the Company will hold a conference call on Friday, July 18, 2008 at 8:00 a.m. CDT to discuss the Company's second quarter results for 2008. The Company plans to announce its second quarter results after trading on the New York Stock Exchange has closed on Thursday, July 17, 2008. The conference call will last approximately one hour. Interested parties are invited to listen to a live webcast by visiting the Investor Relations page of the AptarGroup web site at www.aptargroup.com. Replay of the conference call can also be accessed on the Investor Relations page of the web site.

AptarGroup, Inc. is a leading global supplier of a broad range of innovative dispensing systems for the personal care, fragrance/cosmetic, pharmaceutical, household and food/beverage markets. AptarGroup is headquartered in Crystal Lake, Illinois, with manufacturing facilities in North America, Europe, Asia and South America. For more information, visit the AptarGroup web site at www.aptargroup.com.

SOURCE: AptarGroup, Inc.

AptarGroup, Inc. Stephen J. Hagge 815/477-0424
   
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