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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.
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Thursday, July 03, 2008
Kraft Foods to Report Second Quarter Results on July 28, 2008
Comtex
NORTHFIELD, Ill., Jul 03, 2008 (BUSINESS WIRE) ----Kraft Foods Inc. (NYSE: KFT) will release its second quarter financial results on July 28, 2008, at 7 a.m. EDT and will host a conference call at 8 a.m. EDT that day.
Investors and analysts may participate via phone by calling 1-800-322-9079 from the United States and 1-973-582-2717 from other locations. To ensure timely access, participants should dial in approximately 10 minutes before the call starts. A listen-only webcast will be provided at www.kraft.com.
A replay of the conference call will be available until August 4, 2008, by calling 1-800-642-1687 from the United States and 1-706-645-9291 from other locations. The access code for both the conference call and its rebroadcast is 54394275. An archive of the webcast will be available for one year on the company's web site.
For more than a century, Kraft (www.kraft.com) has offered delicious foods and beverages that fit the way consumers live. Today, we are turning the brands that consumers have lived with for years into brands they can't live without. Millions of times a day in more than 150 countries, consumers reach for their favorite Kraft brands, including nine with revenues exceeding $1 billion: Kraft cheeses, dinners and dressings; Oscar Mayer meats; Philadelphia cream cheese; Maxwell House coffee; Nabisco cookies and crackers and its Oreo brand; Jacobs coffees; Milka chocolates; and LU biscuits. Kraft is one of the world's largest food and beverage companies with annual revenues exceeding $37 billion, more than 100,000 employees and more than 180 manufacturing and processing facilities globally. The company's stock (NYSE: KFT) is listed on the Standard & Poor's 100 and 500 indexes as well as the Dow Jones Sustainability Index and Ethibel Sustainability Index.
SOURCE: Kraft Foods Inc.
Kraft Foods Inc. Media Michael Mitchell 847-646-4538 Cec@kraft.com or Investors Chris Jakubik 847-646-5494 Chris.Jakubik@kraft.com
Copyright Business Wire 2008 ********************************************************************** As of Sunday, 06-29-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated a DOWNTREND on 06-12-2008 for KFT @ $30.87. 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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