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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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Wednesday, July 23, 2008
Spectrum Brands to Webcast 2008 Third Quarter Earnings Results
Comtex
ATLANTA, Jul 23, 2008 (BUSINESS WIRE) ----Spectrum Brands, Inc. (NYSE:SPC) today announced it will report its 2008 fiscal third quarter earnings results on Thursday, August 7, 2008, after the closing of the New York Stock Exchange. The press release will be followed by a conference call and webcast at 5:00 pm EDT. To listen to the webcast, please visit the Investor Relations homepage on the company's website, which can be accessed at www.spectrumbrands.com. A webcast replay will be available through August 21, 2008.
About Spectrum Brands, Inc.
Spectrum Brands is a global consumer products company and a leading supplier of consumer batteries, lawn and garden care products, specialty pet supplies, shaving and grooming products, household insect control products, personal care products and portable lighting. Helping to meet the needs of consumers worldwide, included in its portfolio of widely trusted brands are Rayovac(R), Varta(R), Remington(R), Tetra(R), Marineland(R), Nature's Miracle(R), Dingo(R), 8-In-1(R), Spectracide(R), Schultz(R), Cutter(R), Repel(R), and HotShot(R). Spectrum Brands' products are sold by the world's top 25 retailers and are available in more than one million stores in more than 120 countries around the world. Headquartered in Atlanta, Georgia, Spectrum Brands generated fiscal year 2007 net sales of $2.6 billion. The Company's stock trades on the New York Stock Exchange under the symbol SPC.
SOURCE: Spectrum Brands, Inc.
Spectrum Brands Investor Contact: Carey Skinner, 770-829-6208 DVP Investor Relations or Sard Verbinnen & Co for Spectrum Brands Media Contact: Kara Findlay, 212-687-8080 or Matt Benson, 415-618-8750
Copyright Business Wire 2008 ********************************************************************** As of Saturday, 07-19-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated a DOWNTREND on 05-05-2008 for SPC @ $3.85. 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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