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At March 31, 2016, $OKE had $127.3MM of cash on hand. Cash flows from operating activities, before changes in operating assets and liabilities, were $331.9MM for the three months ended March 31, 2016. Cash used by financing activities was $20MM compared with cash provided by financing activities of $360.9MM for the prior-year period.
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.