Word of the Day

Exchange-Traded Fund

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

Monday, June 30, 2008

Industrias Bachoco Announces Filing Form 20-F with the SEC

Email this Story | Respond to Editor | Print

Comtex

CELAYA, Mexico, June 30, 2008 /PRNewswire-FirstCall via COMTEX/ ----Industrias Bachoco S.A.B. de C.V. ("Bachoco" or "the Company") (NYSE: IBA; BMV: Bachoco B) filed its Annual Report on Form 20-F for the year ended December 31, 2007 with the Security and Exchange Commission ("SEC"). The 2007 Form 20-F includes audited consolidated financial statements of Industrias Bachoco, S.A.B. de C.V. and its subsidiaries at the close of December 31, 2006, and 2007, and for the years ended December 31, 2005, 2006, and 2007, under Mexican GAAP, including a reconciliation of Mexican GAAP to U.S. GAAP for net income and shareholders' equity.

The 2007 Form 20-F can be downloaded from the SEC website, www.sec.gov, and can also be found at Bachoco's website, www.bachoco.com.mx, under "Investor Relations." Industrias Bachoco, S.A.B. de C.V. Mexican shareholders and the holders of its American depositary shares can request hard copies of the Company's 2007 Audited Consolidated Financial Statements, free of charge, by contacting us at the following address:

Industrias Bachoco, S.A.B. de C.V.,

Attention: Investor Relations, Av. Tecnologico 401, Celaya, Guanajuato, Mexico.

Telephone: 011-52-461-6183555.

Company Description

Industrias Bachoco S.A.B. de C.V. is the largest poultry company in Mexico, with over 700 production and distribution facilities currently organized in nine complexes throughout the country. Bachoco's main business lines are chicken, eggs, swine and balanced feed. The Company's headquarters are based in Celaya, Guanajuato, located in Mexico's central region.

Its securities are listed and traded on the BMV (Bachoco B) and on the NYSE (IBA).

For more information, please visit Bachoco's website at http://www.bachoco.com.mx or contact our IR department.

This press release contains certain forward-looking statements that are subject to a number of uncertainties, assumptions and risk factors that may influence its accuracy. Actual results may differ. Factors that could cause these projections to differ, include, but are not limited to: supply and demand, industry competition, environmental risks, economic and financial market conditions in Mexico and operating cost estimates. For more information regarding Bachoco and its outlook, please contact the Company's Investor Relations Department.

 IR Contacts: Daniel Salazar, CFO Claudia Cabrera, IRO Ph. 011 52 (461)
   618 35 55 inversionistas@bachoco.net In New York: Lucia Domville Grayling Global Ph. (646) 284 9416 ldomville@hfgcg.com Headquarters:
   Industrias Bachoco, S.A.B. de C.V. Av. Tecnologico 401, Celaya, Gto. Mexico. 38010 http://www.bachoco.com.mx

SOURCE Industrias Bachoco, S.A.B. de C.V.

http://www.bachoco.com.mx

Copyright (C) 2008 PR Newswire.
   All rights reserved ********************************************************************** As of Thursday, 06-26-2008 23:59,
   the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated an UPTREND on 08-24-2007 for IBA @
   $31.13. 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.