Try reading this, George!

As a matter of fact, American expenditure on education had been on a consistent rise ever since World War-II. From an average annual investment of around $1,200 per student during World War-II to $12,000 by 2003, the expenditure has gone up by ten folds, yet the resultant change in student’s performances have been virtually stagnant, particularly over the past three decades – invariably indicating that American investments in education have been by far misdirected.

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Who says cash is king? We do, so do millions more

Whenever we talk about Earnings per Share (EPS), there are a number of variants like Reported EPS, On-going EPS, Proforma EPS and Cash EPS. For our analysis, we have considered Cash EPS, which takes cash flows of an entity into consideration. To arrive at Cash EPS, one has to first determine the cash flow from operating activities, which has to be then divided by the number of shares outstanding. Cash EPS generally depicts the amount of cash flow generated per share by the company. Analysts consider Cash EPS as being fool proof, as it stands out when compared to the other variants of EPS (since Cash EPS considers factual cash flows, which generally cannot be tinkered with). The interpretation of this ratio is: The higher the ratio, the better the company. And surprisingly, the top ten list churns out many new and interesting names.

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The technology will be a brand new experience for Indian consumers.

Closely on the heels of Hero Honda, Bajaj too is gearing up to launch the 200 (plus)-cc Pulsar armed with the world beater DTS-Fi (digital twin spark-fuel injection) technology (as opposed to the DTSi). Being successful with these truly innovative products will be the real test of mettle for both the emperors. Indian bikes for sure were due for a major electronic and technical overhaul, more than just mere cosmetic makeovers. But the biggest worry for both these companies would be, are Indian consumers getting so rich that they might just skip buying bikes (and shift to, say the Tata Rs.1 lakh car)? Well, all we know is that the scooter industry’s already dead... Long live

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‘Terminator’

These companies, charged the suit, are “among the world’s largest contributors to global warming and the adverse impacts on California.” The state’s Attorney General Bill Lockyer said that “global warming is causing significant harm to California’s environment, economy, agriculture and public health” and that the impacts are already costing the state millions of dollars and the price tag is increasing every passing day. If you jog your memory cells, you will remember that the state is led by Republican actor-turned-Governor ‘Terminator’ Arnold Schwarzenegger, who is at loggerheads with US President George W. Bush over environmental issues.

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