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Joe Mondillo of Sidoti & Co. asks about Product segment profits. $BGG said it is looking to improve the business and profitability. $BGG is focusing on the higher-end residential and commercial products which tend to have a better margin profile relative to its fixed cost investment. $BGG is also working on manufacturing efficiency improvements.
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.