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Internet analytics company $SCOR said that for the first 27 days of Nov-Dec. 2015 holiday season, US desktop retail e-commerce spending was $23.4Bil, an increase of 5% vs. same period last year. Thanksgiving spend gained 9% to $1.1Bil, while Black Friday jumped 10% to $1.7Bil in desktop online sales vs. 2014 Black Friday.
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.