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$MU said that its cash flows from operations were $1.12Bil for the first quarter of fiscal 2016. Investments in capital expenditures were $990MM for the reported quarter. The company ended 1Q16 with cash and marketable investments of $5.41Bil.
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.