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Investment advisory fees earned in 2Q15 was up YoverY for $TROW as average AUMs increased $66.4Bil or 9.3% to $783.6Bil. The average annualized effective fee rate earned on $TROW AUMs during 2Q15 was 48.2 BP, up 4 BP from 2Q14. To maintain a positive yield for fund investors, $TROW waived $125MM in money market fees.
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.