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Lightweight metals manufacturer $AA reported net income of $16MM or $0.00 per share in 1Q16 compared to $195MM or $0.14 per share in 1Q15. Revenue was $4.9Bil, down 15% YoverY. Excluding special items, net income was $108MM or $0.07 per share in 1Q16.
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.