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$TIF's operating margin decreased 3.6 percentage points in 2Q15 and 3.3 percentage points in 1H15. Unallocated corporate expenses grew by $6.6MM in 2Q15 and by $8.5MM in 1H15 due to higher unallocated labor costs associated with changes in corporate management as well as increased costs associated with upgrades to $TIF's IT systems.
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.