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$CMP completed its purchase of all remaining interest in Produquímica Indústria e Comércio S.A. (Produquímica), one of Brazil's leading manufacturers and distributors of specialty plant nutrients. As previously disclosed, the acquisition is expected to add $0.12 to $0.15 to earnings per share in 2016, excluding any special items.
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.