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$CMA's average earning assets for 1Q16 rose by 1% from last year. The increase primarily reflected increases of $2.5Bil in average investment securities and $241MM in average loans, partially offset by a decrease of $2.1Bil in average Federal Reserve Bank (FRB) deposits.
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.