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Airline company $AAL said total revenue passenger miles rose 4.3% to 16.9Bil in Nov. 2015 versus Nov. 2014. Total capacity fell 0.2% to 20.8Bil available seat miles. Total passenger load factor grew 3.5% to 81.2%. $AAL expects consolidated passenger revenue per available seat mile to be down about 5-7% YoverY in 4Q15.
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.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.