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$CAH's net cash provided by operating activities for 9 months ended March 31, 2016 grew to $2.33Bil from $1.67Bil in the previous year quarter. Net cash used in investing activities increased to $3.68Bil from $386MM last year, while net cash used in financing activities fell to $660MM from $968MM in the prior year quarter.
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.