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$NOV's net cash provided by operating activities for 1Q16 grew to $621MM from $114MM in the previous year quarter. Net cash used in investing activities decreased to $103MM from $149MM last year, while net cash used in financing activities increased to $861MM from $436MM in the prior year quarter.
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.