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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, June 20, 2008
Williams-Sonoma, Inc. Declares Quarterly Cash Dividend
Comtex
SAN FRANCISCO, Jun 20, 2008 (BUSINESS WIRE) ----Williams-Sonoma, Inc. (NYSE:WSM) today announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per common share. The dividend is payable on August 22, 2008 to shareholders of record as of the close of business on July 25, 2008. As of June 1, 2008, the Company had 105,561,812 shares of common stock outstanding.
Williams-Sonoma, Inc. is a nationwide specialty retailer of high quality products for the home. These products, representing six distinct merchandise strategies - Williams-Sonoma, Pottery Barn, Pottery Barn Kids, PBteen, West Elm and Williams-Sonoma Home - are marketed through 603 stores, seven direct mail catalogs and six e-commerce websites.
SOURCE: Williams-Sonoma, Inc.
Williams-Sonoma, Inc. Sharon L. McCollam, 415-616-8775 Executive Vice President, COO and CFO Stephen C. Nelson, 415-616-8754 Director, Investor Relations Erica Gutierrez, 415-616-8332 Investor Relations Administration
Copyright Business Wire 2008 ********************************************************************** As of Monday, 06-16-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated a DOWNTREND on 06-03-2008 for WSM @ $24.64. 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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