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$SHW's net operating cash improved $21.2MM in the first nine months of 2015 to a cash source of $902.5MM from a cash source of $881.3MM in 2014. This was mainly due to improved operating results in the core business. The effective income tax rate for 3Q15 was 32% compared to 31.2% last year.
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.