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Utility holding company $AEE said it will publicly offer $700MM total principal amount of its senior notes, consisting of $350MM of 2.700% senior notes due 2020 & $350MM of 3.650% senior notes due 2026. The notes are offered at 99.977% & 99.911% of their principal amount respectively. The company plans to use the net proceeds to repay debt.
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.