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...blotches discovered on rocks as deep as 1,300 ft. provided an early, startling dividend of the expedition, the scientists disclosed last week in Marquette, Mich. Using a pair of tweezers, a biologist plucked a red spot from a stone that had been taken to the surface and placed it in a vial of water. Immediately the spot sprouted tentacles and unfolded into a hydra, a primitive invertebrate. "We were expecting that at these depths Lake Superior would be a biological desert," said Team Member John Krezoski, a biologist at the University of Wisconsin, Milwaukee. "We're coming away dazed...

Author: /time Magazine | Title: Environment: Mother Superior's Secrets | 4/18/2005 | See Source »

...firm, Surgutneftegaz (Surgut), and the University are embroiled in legal wrangling—initiated this summer—over dividend payouts for Harvard’s American Depository Receipts (ADRs), certificates representing shares in foreign companies. In June the University reported it held over three million ADRs in Surgut, worth about $130 million altogether...

Author: By Nicholas M. Ciarelli, CRIMSON STAFF WRITER | Title: Univ. Oil Suit Heats Up | 4/4/2005 | See Source »

...March 25, Surgut’s board approved a dividend of 2.19 cents per preferred share; last year’s payout was roughly a half-cent, according to Bloomberg...

Author: By Nicholas M. Ciarelli, CRIMSON STAFF WRITER | Title: Univ. Oil Suit Heats Up | 4/4/2005 | See Source »

...Although this dividend is larger than that paid in the past, Surgut continues to avoid its full contractual obligations,” Managing Director Jeff Larson said in a statement. “We demand that Surgut pay the full dividend due preferred shareholders and compensate them immediately for past dividends owed to them...

Author: By Nicholas M. Ciarelli, CRIMSON STAFF WRITER | Title: Univ. Oil Suit Heats Up | 4/4/2005 | See Source »

...hardly be better. General Electric just reported strong earnings and is confident of double-digit growth. IBM did the same. Citigroup chief financial officer Sallie Krawchek said recently on CNBC that it was "credit nirvana," the best environment they had seen in almost 15 years, and Citigroup raised its dividend another...

Author: /time Magazine | Title: Investing: Good Times Are Coming! | 3/8/2005 | See Source »

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