2nd ''InvestWrite'' Competition Showcases Analytical Thinking and Writing Skills of 4,000 Students.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Student Essays Bring a New Dimension to Stock Market Game Program(TM) The Foundation for Investor Education, a nonprofit organization Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. dedicated to raising the level of investor awareness Investor Awareness is knowledge the investment community has of a company. [1] It can be looked at like this: “Do investors know about your company?” If the answer is “yes,” then it could be said that the company has “good investor awareness” across the nation, today announced the top three winners of its 2nd "InvestWrite" stock market student essay competition. The winning students, chosen from more than 4,000 national entrants, are from schools in Bellmore, N.Y.; Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation). The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. ; and Greenwich, Conn. In all, 30 students were honored for their analysis of the investment potential of various publicly traded stocks, their overall understanding of the stock market and the manner in which they expressed their investment ideas in essay form. The Foundation for Investor Education's "InvestWrite" competition is an innovative extension of its award-winning Stock Market Game(TM) (SMG SMG - Screen Management Guidelines. A VMS package of run-time library routines providing windows on DEC VT100 terminals. ) program. In the "InvestWrite" essays, students can apply the knowledge of math, language arts language arts pl.n. The subjects, including reading, spelling, and composition, aimed at developing reading and writing skills, usually taught in elementary and secondary school. and business to actual savings and investments principals. Working with teachers from schools across the country, the "InvestWrite" competition is another tool to raise student awareness of the importance of prudent investing. In this year's essay competition, students analyzed the investment potential of publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. they respected and then expressed the features that supported each stock's investment potential. Participants were from three grade divisions: Grades 4-5, 6-8 and 9-12. The three top winners were: --Grades 4-5 Division: Luke Massaro, Shore Road Intermediate, Bellmore, N.Y., whose love of his grandmother's homemade cheesecake, with a main ingredient of Philadelphia Cream Cheese, led to an understanding of Kraft's many popular brands. "There are a few reasons why I would buy stock in Kraft Foods Kraft Foods Inc. (NYSE: KFT) is the largest food and beverage company headquartered in North America and the second largest in the world after Nestlé SA. The Philip Morris Company (now known as Altria Group), a company that produces tobacco products, acquired Kraft for . One reason is that Kraft owns a variety of products that are favorites to many people, including me." --Grades 6-8 Division: James Newby, St. Patrick School, Dallas, Texas, researched a nanotechnology stock, Altair, as the ideal candidate for a long-term investment holding: "Nanotechnology, in general, is a fairly new field of engineering. It has begun a scientific revolution that will impact the entire world and bolster our understanding on the fundamentals of nature. Once nanotechnology becomes a more mature industry, companies such as Altair will no doubt grow radically in size and profits." --Grades 9-12 Division: Andrew Basham Andrew Basham (born August 18, 1983 in Winnipeg) is an activist and politician in Manitoba, Canada. He was chosen as leader of the Green Party of Manitoba in 2006, and ran against premier Gary Doer in the 2007 provincial election. , Brunswick School, Greenwich, Conn., considered how Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. Corporation, a domestic industry leader in homeland security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States , would benefit from the new emphasis on updating the post-Cold War military. "With a leadership role in the industry not easily affected by the woes of the domestic economy, Lockheed is capitalizing on increased government spending on the twenty-first century technologies." "Our 'InvestWrite' competition was a major success as entries increased more than 25 percent over the Spring 2004 competition," said Donna C. Peterman Pe´ter`man n. 1. A fisherman; - so called after the apostle Peter. , chairman of the Foundation's board of directors and senior vice president of PNC Financial Services PNC Financial Services (NYSE: PNC) is a U.S.-based financial services corporation, with assets of $92.0 billion. PNC operations include a regional banking franchise operating primarily in eight states and the District of Columbia, specialized financial businesses serving Group. "Even more, the feedback from teachers around the country has been overwhelmingly positive, with many stating that even their understanding of the stock market and the risk/reward dynamic of investing has improved along with their students." Each of the top-three student winners will receive a variety of prizes, including a laptop computer, a trip to either Disney World or New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. with their parents, and a $1,000 savings bond Savings bond A government bond issued in face value denominations from $50 to $10,000, with local and state tax-free interest and semiannually adjusted interest rates. savings bond A nonmarketable security issued by the U.S. . Second- and third-place winners also receive laptops and other prizes, while seven additional finalists in each category receive $100 gift cards. First-round judging of the essay competition was conducted by participating teachers from across the country. Independent, volunteer judges drawn from industry, education and local communities then chose the winners from among more than 4,000 essays submitted by the teachers. "The 'InvestWrite' competition challenges the students to apply critical thinking skills to real-world savings and investment situations," said Dr. Lisa A. Donnini, director of education for the SMG Program. "Moreover, the enthusiastic response from both teachers and students across the country is a testament to its relevance and value as a teaching and learning tool. For many students, this is an excellent means of developing and strengthening their analytical and writing skills." Background Information "InvestWrite" "InvestWrite" is an innovative national writing competition, produced by The Stock Market Game(TM) program, which adds a critical thinking component to help reinforce concepts learned in the classroom, building a bridge between classroom learning and potential real-world investment decisions. Students are provided a topic and an investment scenario, which requires them to assess, research, and then formulate possible solutions based on their own findings, logic, and ideas. The Stock Market Game(TM) Program Since 1977, The Stock Market Game(TM) program has given educators a way to improve the learning experience in thousands of classrooms. Teachers have successfully used The Stock Market Game Program to enliven en·liv·en tr.v. en·liv·ened, en·liv·en·ing, en·liv·ens To make lively or spirited; animate. en·liv  en·er n. core academic subjects - including math, social studies, and language arts-and research has shown there's no better way to teach the importance of saving and investing. More information on The Stock Market Game Program can be found at http://www.sia.com/smgprogram/. Foundation for Investor Education The Stock Market Game Program(TM) would not be possible without the efforts of The Foundation For Investor Education, a charitable, educational not-for-profit (501-c-3) organization dedicated to advocating investor education in the United States Education in the United States is provided mainly by government, with control and funding coming from three levels: federal, state, and local. School attendance is mandatory and nearly universal at the elementary and high school levels (often known outside the United States as the . The foundation administers two programs: The Stock Market Game Program(TM) (www.stockmarketgame.org) and the Investor Education Program (www.siainvestor.org), which offers the award-winning educational Web site, Path To Investing - Leading the way to financial knowledge(R) Securities Industry Association The Securities Industry Association (SIA) brings together the shared interests of nearly 600 securities firms to accomplish common goals. SIA's primary mission is to build and maintain public trust and confidence in the securities markets. At its core: Commitment to Clarity, a commitment to openness and understanding as the guiding principals for all interactions between investors and the firms that serve them. SIA members (including investment banks, brokers-dealers, and mutual fund companies) are active in all U.S. and foreign markets and in all phases of corporate and public finance. The U.S. securities industry employs 790,600 individuals, and its personnel manage the accounts of nearly 93-million investors directly and indirectly through corporate, thrift, and pension plans. In 2003, the industry generated $213 billion in domestic revenue and an estimated $283 billion in global revenues. (More information about SIA is available at: www.sia.com.) |
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