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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...
...DAMAGE REPORT U.N. investigators said U.S. air strikes on an Afghan village killed some 90 civilians, including 60 children. The report fueled Afghan frustration over the high civilian death toll and prompted a U.S. investigation...
Both Russia and Georgia are guilty of atrocities. However, Georgia's heavy shelling of South Ossetia, including civilian areas, must preclude it from being seen as a "victim." I would expect that type of language from Fox News, but I expect a powerful media outlet like TIME to report the truth in an unbiased manner. Chris Pappas, LUBBOCK, TEXAS...
...Census Bureau touted some optimistic news in its annual report on U.S. household finances, but ominous signs lurk behind the headlines. The 2007 data predate the full onset of the economic crisis, but some indicators warn of turmoil ahead...
...colleagues report the research in a paper published online Wednesday by the journal Nature...