Word: annualized
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...second person outside the Cadbury family to run the shop. Stitzer is predicting that yet another restructuring--the company plans to close 15% of its factories and ax 15% of its workers in the next four years--will allow Cadbury's chocolate, candy and chewing-gum business to deliver annual sales increases of 4% to 6% and profit margins in the midteens by 2011 from its current level of around...
Stitzer has also engineered a series of restructurings. Beginning in 2003, he sold off low-margin businesses, closed about a quarter of the company's factories and cut 10% of its workforce. But a series of missteps hindered the company's turnaround. Although Stitzer had projected annual margin growth of 50 to 75 basis points for four consecutive years, it came in at less than half that...
...cobbled together from odd parts. Dr Pepper has acquired about $1.2 billion in bottling assets over the past two years, and that will likely continue, which bodes well for its longer-term outlook, says Wachovia analyst Brian Scudieri. Young is predicting that the Dr Pepper Snapple Group will deliver annual revenue growth of 3% to 5% and earnings-per-share increases in the high single digits over the next few years...
...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...
...Median annual U.S. household income in 2007. The number has risen for three straight years...