Archive for July 14th, 2009

Satellite shows big thinning of old Arctic sea ice!

Satellite shows big thinning of old Arctic sea ice

New NASA satellite measurements show that sea ice in the Arctic is more than just shrinking in area, it is thinning dramatically.


The volume of older crucial sea ice in the Arctic has shrunk by 57 percent from late 2004 to 2008. That is losing more volume of ice than water in Lake Michigan.

NASA scientist Jay Zwally said global warming is to blame.

He said rapidly shrinking sea ice in the Arctic warms the rest of the globe indirectly. Older ice is more important in the Arctic because it is thicker, surviving the heat of summer and building over time.

How to make money in shares!

How to make money in shares!

Everyone wants a piece of the stock market. And why not?

But do you know how shares reward an investor?

If you are a shareholder, there are two ways you can benefit from the profits of a company: capital appreciation or dividend.

Read on to understand how shares reward you.

Dividends, dividends!

Usually, a company distributes part of the profit it earns as dividend.

Say a company earned a profit of Rs 1 crore (Rs 10 million) in 2004-05.

It keeps half that amount within the company. This is used for a variety of purposes — buying more machinery, land or raw materials, building a new factory or setting up a new office. It could even be used to repay loans.

The other half is to be distributed as dividend.

Assume the company has 10,000 shares. This would mean half the profit — ie Rs 50 lakh (Rs 5 million) — would be divided by 10,000 shares.

So each share would earn Rs 500. The dividend would then be Rs 500 per share.

If you own 100 shares of the company, you get a cheque of Rs 50,000 (100 shares x Rs 500) from the company.