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Medical devices maker $ZBH said it raised its FY16 constant currency revenue and adj. earnings outlook. The Company now expects constant currency revenue for FY16, as compared to adjusted pro forma 2015 revenue, to increase between 2.0% and 3.0%. $ZBH now expects FY16 adjusted earnings per share to be in a range of $7.85 to $8.00.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.