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Automotive repair company $MNRO said in 4Q16, comparable store sales increased by 50BP and store traffic was up 2%. A weak consumer spending environment and a mild winter has negatively impacted sales. April and May have started off slowly with comparable store sales decreasing 8%.
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.