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Payroll and HR solutions provider $PAYX reported a 11% growth in 4Q16 earnings driven by solid sales execution and growth in client base and revenue per check. Net income rose to $178.1MM or $0.49 per share from $161.2MM or $0.44 per share last year. Total revenue grew to $753.9MM from $692.2MM.
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.