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BofA Merrill Lynch analyst Jason Smith asks $NFX on capital allocation, its status on ongoing JVs and projects. CEO Lee Boothby says that the company has no need to sell any other assets today, but in the future, at the right place and time, $NFX expects to have additional asset transactions.
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.