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Chris O'Cull of KeyBanc asks if $DRI expects less menu pricing in future quarters. CEO Gene Lee said the company expects to price less in 2H17 than it did in 1H17. The company had some pricing from 3Q16 and 4Q16 that's still in the menu that it hasn't lapped yet, added Gene.
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.