Word: currented
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Hershey could jump-start its growth by making a run for Cadbury, although it would probably be costly. Kraft's current bid, although a 31% premium over Cadbury's closing price on Sept. 4th, the last trading day before the bid was announced, 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...
...world would use about 900,000 more bbl. of oil a day next year than this year and by 2012 would fully recover to its 2007 prerecession levels. OPEC is also betting on a fast global recovery. Angola's oil minister, José Maria Botelho de Vasconcelos, the current rotating OPEC head, told the meeting attendees in Vienna on Wednesday that "the darkest days of financial turmoil and economic recession are behind us." That belief has helped to persuade OPEC leaders that they can keep oil prices high without risking a demand collapse - as happened last year...
...values." He notes that RSF Social Finance, which invests in enterprises committed to improving society and the environment and where he served as President and CEO and is now Chairman of the Board, realized a steady 3%-4% average over 25 years and has continued to grow despite the current downturn...
...schools—and the Faculty of Arts and Sciences in particular—made a conscious push to bring in as many unrestricted gifts as possible. Rogers said that the strategy certainly helped boost fundraising numbers for the year, and Harvard will continue its efforts to raise current use funds...
Jackson built a broad program to push city contracts to black-owned businesses. But the current crop of candidates - black and white - put balancing the city's books and stemming rising crime at the top of their agenda. "Atlanta is broke and broken," says Borders spokeswoman Liz Flowers. "This is about fixing a broken city...