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$FSLR 2Q15 Call: Benefits of newly formed 8point3: lowers FSLR’s cost of capital even further; ownership in 8point3 allows FSLR to retain residual interest in high-quality solar assets while providing stable future cash flow through IDR rights and dividend; $284MM in proceeds received subsequent to IPO provides capital for further investments.
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.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.