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$NOC's operating income for 2015 decreased by $120MM, or 4%, as compared with 2014, and operating margin rate fell to 13.1% from 13.3% in 2014, primarily due to the lower sales volume and absence in 2015 of $75MM benefit realized in 2014 in connection with certain claims settlement deals for use of intellectual property and terminated program.
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.