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$SE 2Q15 10-Q: At the end of second quarter, cash and cash equivalents totalled $287MM, down 4.3% from 2Q14-end level of $300MM. As of June 30, 2015, SE had negative working capital of $1,400MM. This balance includes commercial paper liabilities totalling $535MM and current maturities of long-term debt of $917MM.
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.