Word: expectation
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Wall Street thinks Stitzer can do it. In the first half of 2008, sales (unadjusted for currency) rose 14%, to $5.27 billion. Cadbury's clever drumming-gorilla ads helped too. Morgan Stanley said in a recent report that "unlike with many other consumer stocks, we expect Cadbury's earnings growth to accelerate." Says David Morris, food and beverage research director at Mintel International Group, a market-research company: "The spin-off is a smart move. Investors had felt these businesses weren't getting their appropriate valuations when they were combined." As stand-alones, they can also grow by attracting merger...
...near future, expect to see a convertible version of the R8. What you won't see is huge numbers of R8s on the road. Ever. Rhys thinks Audi will keep global production at 4,500 for the time being, though it could eventually push it to 6,000. Even so, that's still not many cars. Which is the idea. De Nysschen insists Audi will ensure that demand for the R8 always outstrips supply--to keep its aura of exclusiveness intact. "In that market segment," he says, "the difference between too many and too few cars...
...Nevertheless, in that final hour, with the whole crowd finally paying attention and on its feet, with Hillary Clinton giving Obama more than he had any historical justification to expect, there was the feeling of a convention that had shifted up a gear or two. That must make a candidate exhale in relief...
...strong case and promised a fair trial. Anwar has countered, saying with corruption and collusion at historical highs, a fair trial will be impossible and has requested the government drop the Attorney General's case. As Welsh warns: "The political heat [will] cool off during Ramadan next month, but expect some big surprises after that...
...Washington. Though anti-nuclear deal hawks remain in the Bush administration, and are adamantly opposed to meeting in the middle, Pyongyang has a vote, too, and it votes to stop complying. With his time running out, and his desire for a deal with North Korea obvious, most analysts expect another compromise from President Bush. And then - bet on it - watch Kim Jong Il angle for a better deal with whomever the next President...