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$WHR expects 2016 GAAP EPS of $11.25-12.00 and ongoing business EPS of $14.00-14.75. For 2016, $WHR projects to generate free cash flow of $700-800MM. Included in this guidance are restructuring cash outlays related to the acquisitions of up to $200MM and capital spending of $700-750MM.
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.