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$MUR said it plans to offer $500MM of Senior Notes, maturing in 2024. The company expects to use net proceeds from offering of 2024 notes for general corporate purposes, which may include repayment, repurchase or redemption of its 2.5% notes due 2017. J.P. Morgan Securities is acting as joint book-running manager for offering.
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.