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Consumer goods company $PG reported a growth of 32% in 1Q16 diluted net earnings per share. Currency-neutral core earnings per share increased 12% versus the prior year, while core earnings per share decreased 1%. Net earnings attributable to $PG were $2.6Bil, which increased 31% from 1Q15.
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.