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$VZ said CapEx for 2Q16 was $3.9Bil and $7.3Bil YTD. On the debt front, the company said it ended the quarter with $99.7Bil of total debt, with net debt of $96.9Bil and a ratio of net debt-to-adjusted EBITDA of 2.2 times. $VZ added that the company remains on track to return to its pre-Vodafone credit rating profile by the 2018-2019 time frame.
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.