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Even if you don't think you do, you already know plenty about commodities. Want us to prove it? No problem.
What makes oil produced in Saudi Arabia different from oil exported from Nigeria? It's the same thing that makes the corn you ate at last summer¿s barbecue different from the corn used to produce ethanol. Stumped? Well, don't feel bad, it's a trick question. The answer? Absolutely nothing. Corn is corn no matter where it comes from -- just as wheat is wheat and natural gas is -- right! -- natural gas. (Though the quality may differ, the make-up is uniform.)
So, in less elaborate terms, corn and oil (and all other commodities) are homogenous goods that can be processed, resold and more often than not, used as an input to the production of other goods or services. These goods are traded on a commodity exchange, thus setting the price-per-barrel (or other metric unit) used to value them.
Now pay attention, here's a question that indeed does have an answer: What is the difference between a commodity and a stock? While a stock can tank and become worthless, a commodity cannot have its value be wiped to zero. One other difference: Most commodities are traded in futures, meaning traders buy and sell where they think the price of a product will be at a certain point in the future. Stocks trade based on the value of the underlying company at that point in time.
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Tuesday, July 22, 2008
Solange Knowles Enjoys the #1 Spot Again
Comtex
SANTA MONICA, Calif., July 22, 2008 /PRNewswire via COMTEX/ ----Not only is the talented Solange Knowles making hit songs for herself (her single "I Decided," produced by Pharrell Williams, has been #1 on Billboard's "Hot R&B/Hip-Hop Singles Sales" and "Hot Dance Singles Sales" charts for 2 weeks!), as a songwriter she continues to knock out the hits for others. "We Break The Dawn," the hot new song she co-wrote for label mate Michelle Williams lands at the #1 spot on Billboard's "Hot Dance Airplay" chart.
Solange also recently won an "R&B and Hip-Hop Song" ASCAP award for the hit single "Get Me Bodied," that she co-wrote for Beyonce's B-Day.
But the sassy singer's talents don't stop at singing and songwriting. On July 15, 2008, she put on the hat of video director when she made her directorial debut with "Sandcastle Disco" (written by Cee-Lo and produced by Soulshock & Karlin), the second (2nd) single off of her sophomore release, SoL-AngeL & The Hadley St. Dreams due on August 26th.
Solange, forever having a creative mind, wrote the treatment for "Sandcastle Disco," just as she did for her first (1st) single, "I Decided." The video is a journey into a cutting edge, inventive, fantasy land of abstract visuals that come together to make a video that is a rollercoaster ride for the viewer that only gets better just when he/she thinks its over.
It's a living pop up book... each page folding over and zooming into the next. The colors are vivid, I used many references from the movie Across The Universe that are links in the treatment and also the HP commercials we've seen running with Jay-Z and Serena Williams, states Solange.
The forthcoming release of SoL-AngeL & The Hadley St. Dreams boast an incredible array of producers and guest appearances including Motown's own Lamont Dozier who teams up with the talented Mark Ronson on the captivating "6 O'clock Blues," The Freemasons remix of "I Decided," and chart-topping Lil' Wayne shares the spotlight on "ShampagneChronicKnightCap." Other talent on SoL-AngeL & The Hadley St. Dreams includes Boards of Canada, Jack Splash, Bama Boyz, Shea Taylor, Marsha Ambrosius of Floetry and more.
For more information, press kits and interviews with Solange please contact Interscope Geffen A&M: Tresa Sanders @ 212 841 8272 or via email at tresa.sanders@umusic.com, Music World Entertainment: Chanel Green @ 310 402 7326 or via email at chanel.green@musicworldent.com, or The Fame Factory: Mark Young @ 332 656 6401 or myoung@thefactoryinc.com.
SOURCE Solange Knowles
Copyright (C) 2008 PR Newswire. All rights reserved
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