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$JPM 2Q15 Call – Marianne, CFO: Commercial Banking: Underlying businesses continue to perform well, with strong loan growth up $6Bil QonQ and record and end of period loan balances with good credit fundamentals and no non-performing loans. We added $187 to reserves in the quarter reflecting select downgrades including oil and gas.
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.