Word: priced
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...from time to time, things do snap. And Summers' argument in 1986 was that unemployment in Europe, the sort that might persist in the face of growth, was an expression of an economy that had snapped. Europe's economy was hit not only by shocks like an oil-price spike, a productivity collapse and rocketing tax rates but also by stubborn unions that made hiring, firing and adjusting payrolls near impossible...
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...
...Hershey, this price tag would be tough to handle on its own and would most likely require 65% equity financing and $225 million in synergies to make financial sense, says Growe. However, Hershey could potentially team up with Nestlé to bid for Cadbury, with Hershey grabbing Cadbury's chocolate business and Nestlé picking up its chewing gum and candy operations. "They could divide and conquer without giving up control of the company," he says...
...free memberships to Rosetta Stone, a self-study language computer program. Year-long subscriptions to the program, which had been available free of charge exclusively to students for the past two years, will now be available to both students and staff for $110, 20 percent of the $539 market price. According to Associate Dean Robert G. Doyle, free access to Rosetta Stone had not previously been available to staff because funding only covered students. The LRC had been willing to pay full price for the second year of subscription for student access, but because of the 15 percent FAS-wide...
...Some varsity athletes were not pleased that certain individuals will receive the gear and others won’t despite an understanding of the grim economic situation. “Athletes who don’t get the sweaters should be able to pay for them at a reasonable price,” said women’s water polo co-captain Kelly Peeler. “I don’t see the harm in selling them to us at the normal prices they would get it for. In terms of the culture, DHA sweaters are important, but it?...