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$ALK said its July revenue passenger miles or traffic for Alaska Airlines grew 7.8% on a 9.4% increase in capacity or available seat miles. Load factor for Alaska Airlines slid to 87.2% from 88.5%. Regional traffic rose 7.6% on a 11.3% increase in capacity. Load factor for Regional Flying declined by 2.8 points to 82.1%.
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.