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$DE expects company equipment sales to decrease about 10% for FY16 and be down about 8% for 4Q compared with last year. Included in forecast is negative foreign-currency translation effect of about 2% for 2016 and positive translation effect of about 1% in 4Q. For FY16, net income attributable to $DE is expected to be about $1.35Bil.
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.