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During 1Q16, $MSI said it paid an aggregate of $64MM, including transaction costs to repurchase approx. 0.9MM shares at an avg. price of $71.41 per share. As of April 2, 2016, $MSI used approx. $11Bil of the share repurchase authority, including transaction costs to repurchase shares, leaving $1Bil of authority available for future repurchases.
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.