The implementation of the Vision into Action plan should stimulate revenue growth and improve the operating margin over time. The company has already become more focused with the purchase of Adams Confectionery and the divestiture of the noncore businesses, especially the European Beverage business. With the de-merger of Americas Beverages expected in May, management will be able to leverage scale and improve profitability by focusing on the faster-growing confectionery business. A Buy recommendation has been reinitiated...by Zacks
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$46.41 (04/08/08)
