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In the wide and varied family of the thousands and thousands of funds out there, the exchange-traded fund is one of the more consumer-friendly ones.
Unlike mutual funds, exchange-traded funds, or ETFs, behave more like stocks. You can buy
into an ETF at any time, and sell it whenever you feel like it. And like a stock, an ETF's value can rise and fall--depending
on what the ETF is invested in.What do ETFs invest in? Well, they're typically linked to an index like the Dow Jones Industrial
Average or the S&P 500. So, if you had an ETF that trades the same companies that make up the Dow or the S&P, it will
rise and fall in value pretty much the same amount as the Dow or S&P.
You can also buy ETFs that invest in other
types of products, like bonds, currencies, gold or other commodities. The ETF market has grown considerably in the past few
years, so there is no shortage of ETFs to invest in.
Home / Markets / Industries / Retail
Friday, July 11, 2008
Group 1 Automotive Schedules 2008 Second-Quarter Earnings Release and Conference Call
Comtex
HOUSTON, Jul 11, 2008 (BUSINESS WIRE) ----Group 1 Automotive, Inc. (NYSE:GPI), a Fortune 500 automotive retailer, today announced that it will release financial results for the second quarter ended June 30, 2008, on Tuesday, July 29, before market open. Earl J. Hesterberg, Group 1's president and chief executive officer, and the company's senior management team will host a conference call to discuss the results later that morning at 10 a.m. EDT.
The conference call will be simulcast live on the Internet at www.group1auto.com through the Investor Relations section. A replay will be available for 30 days.
The conference call will also be available live by dialing in 10 minutes prior to the call at:
Domestic: 800-257-3401 International: 303-275-2170
A telephonic replay will be available following the call through Aug. 5, by dialing:
Domestic: 800-405-2236 International: 303-590-3000 Passcode: 11117356#
About Group 1 Automotive Inc.
Group 1 owns and operates 105 automotive dealerships, 145 franchises, and 27 collision service centers in the United States and the United Kingdom that offer 32 brands of automobiles. Through its dealerships, the company sells new and used cars and light trucks; arranges related financing, vehicle service and insurance contracts; provides maintenance and repair services; and sells replacement parts.
Group 1 Automotive can be reached on the Internet at www.group1auto.com.
SOURCE: Group 1 Automotive, Inc.
Group 1 Automotive, Inc. President and CEO Earl J. Hesterberg, 713-647-5700 or Senior Vice President and CFO John C. Rickel, 713-647-5700 or Manager, Investor Relations Kim Paper Canning, 713-647-5700 or Fleishman-Hillard Investors John Roper, 713-513-9505 or Pierpont Communications Media Clint L. Woods, 713-627-2223
Copyright Business Wire 2008 ********************************************************************** As of Monday, 07-07-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated a DOWNTREND on 05-30-2008 for GPI @ $26.11. 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 � 2004-2008 Comtex News Network, Inc. All rights reserved.
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