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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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Tuesday, July 22, 2008
Town Sports International Holdings, Inc. Announces Second Quarter 2008 Earnings Conference Call
Comtex
NEW YORK, Jul 22, 2008 (BUSINESS WIRE) ----Town Sports International (TSI) (NASDAQ: CLUB), a leading owner and operator of health clubs, will hold its quarterly conference call to discuss second quarter 2008 financial results on Thursday, July 31, 2008, at 4:30 p.m. Eastern Time.
This call is being web cast by Thomson/CCBN and can be accessed at TSI's Web site at http://www.mysportsclubs.com, in the "investor relations" section.
The web cast is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at http://www.earnings.com, Thomson's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents (http://www.streetevents.com), a password-protected event management site.
About Town Sports International Holdings, Inc.
Town Sports International Holdings, Inc. (NASDAQ:CLUB) is a leading owner and operator of fitness clubs in the Northeast and mid-Atlantic regions of the United States operating under the brand names New York Sports Clubs, Boston Sports Clubs, Washington Sports Clubs and Philadelphia Sports Clubs. As of June 30, 2008, Town Sports International, through its subsidiaries, operated 160 clubs in the United States and three clubs in Switzerland. For more information, visit www.mysportsclubs.com.
SOURCE: Town Sports International
Town Sports International Holdings, Inc., New York Investors, 212-246-6700 ext. 1650 Investor.relations@town-sports.com or ICR, Inc. Joseph Teklits/Jean Fontana, 203-682-8200 joseph.teklits@icrinc.com Jean.fontana@icrinc.com
Copyright Business Wire 2008 ********************************************************************** As of Friday, 07-18-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated an UPTREND on 05-02-2008 for CLUB @ $9.50. 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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