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$ICE expects 1Q16 adjusted operating expenses of $490-500MM, interest expense of about $45MM and diluted share count of 118-121MM weighted average shares outstanding. For 2016, $ICE projects adjusted operating expenses of $2-2.03Bil, and diluted share count of 118-122MM weighted average shares outstanding.
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.