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Thursday, July 02, 2009
Packaging Corporation of America Schedules Conference Call to Discuss Second Quarter 2009 Results
Comtex
LAKE FOREST, Ill., Jul 02, 2009 (BUSINESS WIRE) ----Packaging Corporation of America (NYSE: PKG), will hold a conference call on Tuesday, July 21, 2009 at 10:00 a.m. (Eastern Time) to discuss second quarter 2009 results. Second quarter 2009 earnings will be released after the market closes on July 20, 2009.
For access to the conference call on July 21st, please dial (866) 847-7864 (U.S. and Canada) and (703) 639-1430 (International) by 9:45 a.m. (Eastern Time). The conference call leader will be Paul Stecko.
A replay of the call will also be available from 1:00 p.m. (Eastern Time) on July 21, 2009 until 11:59 p.m. (Eastern Time) on August 4, 2009. To access the recording, please dial (888) 266-2081 (U.S. and Canada) and (703) 925-2533 (International). The passcode is 1376506.
This call will be webcast by CCBN and can be accessed at PCA's website at: www.packagingcorp.com.
PCA is the fifth largest producer of containerboard and corrugated packaging products in the United States with sales of $2.4 billion in 2008. PCA operates four paper mills and 67 corrugated product plants in 26 states across the country.
SOURCE: Packaging Corporation of America
Packaging Corporation of America Barbara Sessions INVESTOR RELATIONS: (877) 454-2509 PCA Web Site: www.packagingcorp.com
Copyright Business Wire 2009 ********************************************************************** As of Sunday, 06-28-2009 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated a DOWNTREND on 09-17-2008 for PKG @ $23.81. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright � 2004-2009 Comtex News Network, Inc. All rights reserved.
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Some mutual funds want you to pay for the privilege of them (or your investment adviser) taking your money to invest. It's called a load, and it works like a cover charge to get into a nightclub. Luckily, there are such things as no-load funds. As the name implies, shares of these funds are sold without a fee paid to a broker or investment advisor.
The entire amount you invest in no-load funds goes to work for your returns. On the other hand, with load funds, right off the bat you're charged commission (not to mention other fees incurred over the life of the investment). Let's say, for example, you invest $25,000 into a load fund that charges a 5% commission. This costs you $1,250 off the top, bringing your actual investment down to only $23,750.
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But some argue that at times that man in the trench coat (aka your broker) knows more about the horses than you do, and has a better shot at picking a winner. Also, sometimes these fees are unavoidable because some funds are available only through investment advisers.
Cost-benefit analysis can help determine when a load fund is worth it (in other words, when it will score you a load) and when it is better to "do it yourself" and avoid the fees. Load-fund fees range depending on share class and can cover a variety of costs, such as paper work and fund management.
