College of Business (COB)

UNT team aims to reduce waste at soup kitchen and beyond
Archived

Tue, Nov 25, 2014 - 12:03pm

A team of University of North Texas graduate students led by an economics professor are working to create a statistical-forecasting model intended to help a local soup kitchen eliminate waste.

Economics professor Michael McPherson is spearheading the effort, funded by a community-engagement grant.

"We may actually be able to help other soup kitchens in the area and outside of the area," McPherson said.

Our Daily Bread, a Denton soup kitchen, serves an average of 205 meals a day, according to its executive director, Millie Bell. She's the kitchen's only full-time employee.

"If something comes in the...

Team takes risks for win
Archived

Thu, Nov 20, 2014 - 11:37am

If three University of North Texas students used real money in a recent investment competition, they would be rich.

The students grew their virtual investment portfolio 213 percent in four weeks, winning the first ever Thinkorswim Challenge, a virtual stock trading competition put on by TD Ameritrade. The UNT students beat out hundreds of other students from 96 universities across the country.

Through its website, TD Ameritrade established a virtual network for the students to use the fake money and “invest” in stocks and options. All of the stocks and options performed in real time like the actual stocks did on the...

UNT students become virtual millionaires
Archived

Wed, Nov 19, 2014 - 1:40pm

To watch the video click here.

They're just college sophomores, and already they've learned a pretty valuable trade.

Three business students at the University of North Texas who had honed their skills investing in their business school's trade room entered into a TD Ameritrade competition recently to play the real stock market using fake money for one month.

Sitting with his teammates, Bao Lam and Josue...

UNT Students Win at Portfolio Challenge
Archived

Tue, Nov 18, 2014 - 10:28am

A team of three UNT business undergraduates, called GoMeanGreen, won the TD Ameritrade’s First Collegiate Trading Competition, the thinkorswim Challenge. Their virtual stock portfolio grew 213.04 percent to $1,565,176 at the end of four weeks of trading. The winners were interviewed on CNBC's Closing Bell. A second UNT team finished fourth in the competition. Each of the 245 competing teams started with $500,000 in virtual money to invest using the paperMoney® program on the thinkorswim platform. TD Ameritrade gave each GoMeanGreen team member $3,500 to deposit into his own brokerage account. In addition, TD...

University of North Texas Students Win TD Ameritrade’s First Collegiate Trading Competition, the thinkorswim Challenge
Archived

Tue, Nov 18, 2014 - 10:10am

OMAHA, Neb., Nov 18, 2014 (BUSINESS WIRE) -- Calling themselves “GoMeanGreen,” three students from the University of North Texas traded their way to a 213 percent total portfolio gain in four weeks and won the first-ever thinkorswim Challenge, a nationwide virtual trading competition for students sponsored by TD Ameritrade Services Company, Inc., an affiliate of TD Ameritrade, Inc. (“TD Ameritrade”), a broker-dealer subsidiary of TD Ameritrade Holding Corporation ...