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In 3Q15, $STT secured new business of an estimated $141Bil in assets to be serviced. Of that total, about $101Bil was installed prior to Sept. 30, 2015, with balance expected to be installed in remainder of 2015 or later. Asset servicing and asset management fees decreased 1% and 9% primarily due to impact of stronger USD.
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.