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Matt Cabral from Goldman Sachs probes on the impact of currency, specifically the yen on document technology margins. $XRX CFO Leslie Varon said the company has a currency risk sharing arrangement with Fuji Xerox, where Fuji takes half and the other is taken by $XRX. The company also hedges. Therefore, the impact is more muted & flow in over time.
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.