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Kate McShane of Citi asks about return of capital plan, special dividend. $BBY CFO Sharon McCollam said that on special dividend, the company had the legal settlements that are from prior years and were substantial. Additionally, the company had asset disposals helping in giving cash back to existing shareholders.
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.