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$DFS 2Q15 PR: Diluted EPS declined $0.02 or 1% to $1.33 compared to $1.35 in 2Q14. During 2Q15, the company repurchased approximately 7MM shares of common stock for $425MM. Shares of common stock outstanding declined by 1.6% from the prior quarter. Fully diluted weighted average common shares outstanding were 442MM vs. 467MM in 2Q14.
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.