Cadbury's management has suggested that every $10 increase in oil knocks about £10m off total group earnings. The third issue is the lack of a meaningful flu season in the US this winter. This is likely to have caused a sharp drop in sales of Halls cough sweets, which is a high-margin product. Bid talk has stalked the group for past six months. Hershey's and Kraft are most often touted as predators, but the rumours look overblown. Although the stock is down 10 per cent since mid-March, it probably has further to fall.URALS ENERGYThe bullish news from Urals Energy continues. Investors are poring over the Russian group's plans to raise $180m by way of an equity issue to fund the acquisition of a significant oil and gas field in eastern Siberia.

Hold.HOLIDAYBREAKHolidaybreak sold three million holidays in more than 100 countries last year - everything from short breaks in fancy hotels to family camping holidays across Europe. The latest interim results revealed losses have been cut by 12 per cent with debt slashed to £36.2m. Buy.SCHRODERSAnnouncing first-quarter trading figures this week, fund manager Schroders boasted a £1.9bn net inflow of retail funds, helping it to a 42 per cent increase in pre-tax profits. But while the company is now eyeing acquisitions in the US, big deals are an unknown quantity for Schroders, and market volatility is also a concern. Take profits, and for new investors, there will be better times to buy.PSIONPsion is now firmly focused on developing its Teklogix operation. The business makes hand-held computers for workers on the move.

It recently won a deal with SNCF, the French railway company, to supply it with hand-held ticket machines. Buy.GRIFFIN MININGThis column tipped Griffin Mining just under a year ago at 32.5p. We were right; the stock closed at 81.25p after this week's full-year figures. Since we first drew attention to Griffin, it has brought its Caijiaying zinc and gold mine in northern China into production.