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$MCO said it repurchased 2.3MM shares at a total cost of $223.8MM during 2Q16, or an average cost of $96.60 per share, and issued 0.2MM shares as part of its employee stock-based compensation plans. The company also returned $71.5MM to its shareholders via dividend payments during 2Q16.
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.