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$AXP 2Q15 Call: Net income was down 4% versus prior year. Decline was driven by net benefit related to business travel joint venture transaction and business travel operating income in 2Q14 which together contributed approx. $0.08 to EPS in the prior year. We made first preferred dividend payment during the quarter which reduced EPS by approx.$0.02
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.