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...trust insists on keeping numerical control, which is unheard of today when you have to get bigger and you have to grow," says an observer. "It's a 1930s mentality...

Author: /time Magazine | Title: Could Hershey Make a Play for Cadbury? | 9/11/2009 | See Source »

...values Cadbury at about 11 times 2009 EBITDA, estimates Growe. This is far below the 19 multiple that Mars paid when it snapped up Wrigley in a $23 billion deal last year. And Cadbury's growth potential, as outlined by the company's CEO Todd Stitzer last year, is bigger than Wrigley's was at the time. Analysts believe a suitor would need to pay at least a 16 multiple, or about $21 billion, to seal a deal with Cadbury...

Author: /time Magazine | Title: Could Hershey Make a Play for Cadbury? | 9/11/2009 | See Source »

...this week that for the first time, the country's exports (about 7.4 million bbl. a day) outstripped those from Saudi Arabia, which has the world's biggest oil reserves. Saudi Arabia cut its production last year in order to prop up world oil prices and is easily the bigger potential oil producer. But oil analysts say that by ignoring OPEC's calls for production cuts, Russia has shown OPEC how little power it wields over non-OPEC producers. Although Russian officials told an OPEC summit last December that they too would cut production, the country "has repeatedly failed...

Author: /time Magazine | Title: Oil Prices Stabilize; Can OPEC Keep Them That Way? | 9/11/2009 | See Source »

...most popular classes at Harvard is now poised to get an even bigger audience...

Author: By Laura G. Mirviss, CRIMSON STAFF WRITER | Title: 'Justice' To Make T.V. Debut | 9/11/2009 | See Source »

...south. The country is also grappling with an upsurge of ultra-nationalism among some younger Australians. The issue facing South Asian students is far larger than a few isolated - and possibly opportunistic - attacks, says Unni, the Sydney coordinator of the Federation of Indian Students of Australia. The far bigger problem, he says, is the long-term systemic neglect of the welfare of foreign students in Australia, with too many students being treated as cash cows by indifferent government authorities and unscrupulous private-college operators...

Author: /time Magazine | Title: Australia: Attacks on Indian Students Raise Racism Cries | 9/10/2009 | See Source »

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