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$CGNX said the company expects revenue for 3Q16 to be in the range of $142-147MM. For 3Q16, the company expects gross margin to be in the mid-to-high 70% range; operating expenses are expected to be essentially flat on a sequential basis and effective tax rate is expected to be 18% before discrete tax items.
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.