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$URI said that rental revenue of $1.117Bil in 1Q16 was down $80MM year over year. Canadian dollar impacted the rental revenue by $10MM. U.S. only rental revenue was up 3%. Proceeds from sales of rental equipment were $115MM, flat with last year.
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.