DOLLARS & SENSE : MONEY MATTERS.MASTERCARD CONTEST: There's six more months until Christmas, but MasterCard wants consumers to start thinking about the Yuletide season now. In a holiday shopping contest, the most original and practical Christmas shopping tips and holiday budgeting ideas will win a $10,000 credit on a MasterCard. Consumers should send their entries (10 ideas per entry) on an 8-1/2 by 11 paper to the ``MasterCard Winter Holiday Super Shopper Contest,'' 225 W. 34th St. Suite 610, 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 , NY 10122. Entries must be postmarked no later than Aug. 15. Regional winners will be announced in October and the grand prize awarded by Nov. 15. BANK RENAMED: Sumitomo Bank of California The Bank of California was founded in San Francisco, California on July 5, 1864 by William Chapman Ralston. It was the first commercial bank in the Western United States, the second-richest bank in the nation, and considered instrumental in developing the American Old West. , Grossmont Bank and First Pacific National Bank will be merged into one bank and renamed Bank of California, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. San Francisco-based acquirer Zions Bancorporation Zions Bancorporation (NASDAQ: ZION) is a member of the S&P 500, a bank holding company headquartered Salt Lake City, Utah. Its star subsidiary is NSB Public Finance. . The combined state-chartered bank will have 70 offices and assets of $6 billion, making it the fifth largest commercial bank in the state. The sale is expected to close in the third quarter. Union Bank of California Union Bank of California is one of the 30 largest commercial banks in the United States. It has 327 branches, the majority of which are in San Diego, Los Angeles and Orange Counties. is reportedly not thrilled with the name change, however. Investor spotlight Name: Joyce Hymes Residence: Tarzana Occupation: Marriage, family and child therapist Age: 66 How she got started: Hymes learned to invest after joining an investment club 20 years ago. After she became ``computer literate computer literacy n. The ability to operate a computer and to understand the language used in working with a specific system or systems. computer literate adj. ,'' she started day trading Day trading Establishing and liquidating the same position or positions within one day's trading. online in November. Paying only $12 in trade commissions, she would buy a stock in the morning and often got rid of it the same day. She researches her stocks via the Internet. Hymes follows a simple rule: Get out when the stock starts moving south. She tries to limit her losses to 2.5 percent, but sometimes she's down by more. If it's a good stock, she'll hold it for a while. Best stock pick: Dell. She has gotten in and out of Dell several times. Her most recent trade was a buy at $83 a share in May. She sold it for $95 a share within a month. Worst stock pick: Ktel. She bought it at $27 a share in mid-May and sold it at around $15 a week later. Investment philosophy: ``Get in and make a slight profit of 5 to 10 percent, don't be greedy, and then get out.'' CAPTION(S): photo Photo: (color) Joyce Hymes |
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