DOLLARS & SENSE.The Daily News stock-picking contest is in its last week. To add some drama to the competition between five Daily News readers and the Business section's mascot MASCOT - Modular Approach to Software Construction Operation and Test: a method for software design aimed at real-time embedded systems from the Royal Signals and Research Establishment, UK. , Mark T. Maker, we're not running the results until the contest concludes. Look for those results on Feb. 2. LOCAL MOVERS INDEX SPOTLIGHT Spotlight can refer to at least three types of lighting:
A summary of the amount and prices of a serial bond issue that is still available for purchase. rundown A list of available bonds in a municipal issue of serial bonds. of the week that was for the 50 local companies that compose com·pose v. com·posed, com·pos·ing, com·pos·es v.tr. 1. To make up the constituent parts of; constitute or form: the Daily News/Bloomberg Index is in the Money section of today's Money & Careers. MONEY MATTERS DIAMONDS, INVESTORS' BEST FRIEND: The American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. last week began trading Diamonds (DIA), a portfolio that represents all 30 stocks in the Dow Jones industrial average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. . Shares of the portfolio are actively traded daily and purchased through any broker, just like a security. It's an open-ended unit investment trust. PAPER, PLASTIC OR FREE CHECKING: A full-service California Federal Bank California Federal Bank, often abbreviated to "Cal Fed", was a savings and loan bank in California. It existed from 1926 until 2002, when its parent company Golden State Bancorp was acquired by Citigroup, resulting in the bank being merged into Citibank. branch opened inside the Gelson's supermarket in Northridge. Open seven days a week, the five-person branch offers checking, savings, loan, investment and business banking products. Branch hours are 10 a.m. to 6 p.m. on weekdays, 10 a.m. to 4 p.m. on Saturdays and 11 a.m. to 4 p.m. on Sundays. For a limited time: 12 months of free checking, a bonus on interest rates on selected certificates of deposit and other special deals. INVESTOR SPOTLIGHT Name: Partap Singh Suri. Residence: Van Nuys. Occupation: Operations control analyst. Age: 48. How he got started: Suri started investing with his company's 401(k) plan two decades ago. He branched out into individual stocks after reading about people who were making a fortune on their investments. Today he owns shares of Atlantic Richfield Co., Cypress Cypress, city, United States Cypress (sī`prəs), city (1990 pop. 42,655), Orange co., S Calif. near Long Beach; inc. 1956. Forest Lawn–Cypress, a branch of the famous cemetery in Glendale, Calif. , Gulfstream and Borland in addition to an equity mutual fund in his 401(k). Best stock pick: Arco. Suri bought it several times for prices ranging from $40 to $45 a share in the 1970s. There were two stock splits. It closed at 74 3/8 on Friday. Worst stock pick: Borland. Suri bought shares of the software firm for $41 in 1990. It closed at 7 1/32 Friday. Investment philosophy: ``Hopefully, to invest in a company that is going to give me a good return and who is a good corporate citizen. I might choose a company because I like using its product, upon the advice of friends or it was something I might have seen in the newspaper.'' CAPTION(S): Photo Photo: (Color) no caption (Partap Singh Suri) |
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