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Pharmaceutical company $PFE's and $AGN's Board of Directors together approved to merge together as one company for a transaction value of $363.63 per $AGN share for approx. $160Bil of total enterprise value that is based on a closing price of $PFE stock of $32.18 on Nov. 20. The deal is expected to close during the second half of 2016.
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.