D.A. Davidson & Co. Provides $1 Million to Student Investors.GREAT FALLS, Mont. -- In the company's ongoing commitment to financial literacy, D.A. Davidson & Co. today announced it is launching its 21st annual Student Investment Program and has provided $1 million to student investors for the 2006-2007 school year. The D.A. Davidson Student Investment Program gives senior-level business students a hands-on education in investing and portfolio management. The program provides colleges and universities throughout the Northwest and Rocky Mountain regions with $50,000 per school, to be invested in the markets over the year. Twenty schools in seven states participate. The student teams use real money, pay execution costs and earn interest on cash and dividends on securities. The schools also share in the profits. The teams make investment decisions with a D.A. Davidson financial consultant as advisor and each school receives one-half of its team's earnings above 5 percent, to spend as it chooses. D.A. Davidson lends the schools the initial $50,000 investment and absorbs any losses. The Boise State University team ended the investment year with the teams' highest return on the $50,000 investment, for a 15.39 percent, or $7,694, increase. The University of Washington earned the second highest return, at 10.21 percent, and the University of Idaho The university was formed by the territorial legislature of Idaho on January 30, 1889, and opened its doors on October 3, 1892 with an initial class of 40 students. The first graduating class in 1896 contained two men and two women. was third with a 9.22 percent return. The program is not a competition. Dr. Harry White, the Boise State University professor who coordinates the school's participation, said his students learn a professional money management process that includes analyzing a "client" profile and appropriate risk levels; selecting asset allocation targets; and researching companies and their stocks. "As we go through that process, they wind up picking pretty good securities," White said. The Student Investment Program was launched in 1985 at Montana State University Montana State University, at Bozeman; land-grant; coeducational; chartered 1893. It is primarily a technical institution specializing in agriculture, engineering, and applied sciences. The Museum of the Rockies is there. . Participating schools include: Boise State University; Brigham Young University Brigham Young University, at Provo, Utah; Latter-Day Saints; coeducational; opened as an academy in 1875 and became a university in 1903. It is noted for its law and business schools. in Provo, Utah; Carroll College in Helena, Mont.; Eastern Washington University Eastern Washington University - A university 20 miles southwest of Spokane, WA on the edge of the rolling Palouse Prairie. http://ewu.edu/. Address: Cheney, Washington, USA. in Cheney, Wash.; Gonzaga University in Spokane, Wash.; Idaho State University Enrollment for fall semester 2006 was 12,676 students, including 8,848 undergraduates.[1] ISU enrolls a large number of older, non-traditional students who live and work off-campus. in Pocatello; Montana State University in Bozeman; Montana State University-Billings; Portland State University; Seattle University; University of Colorado University of Colorado may refer to:
About D.A. Davidson & Co. D.A. Davidson & Co. (www.davidsoncompanies.com) is the largest full-service investment firm based in the Northwest, serving investors and corporate clients nationwide. The firm is recognized for its award-winning research, as well as the Davidson 99 Regional Stock Index(R), a benchmark of the Northwest's economic landscape. Founded in 1935, D.A. Davidson & Co. is an employee-owned company headquartered in Montana, with offices in 16 states. The company is part of Davidson Companies, one of the nation's leading financial services holding companies. |
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