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Credit Suisse analyst James Wicklund asks $SLB to give an outlook on the US pressure pumping market. CFO Simon Ayat says $SLB has reached the bottom of activity in North America, which will increase. The company says that there will be a steady increase in rig counts & associated productivity from rigs and wells.
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.