MDLZ clarification: The $1.55-1.60 EPS guidance range for 2013 is on a constant currency basis; if exchange rates remain where they are today, they will incur a headwind of $0.05/sh, resulting in an effective EPS guidance range of $1.50-1.55.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”