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$LVLT's network access costs (NAC) as a percentage of total revenue was 34% in 3Q15 vs. 37% in 3Q14. The decrease is primarily due to an improving mix of higher profit on net Core Network Services and a decrease in lower profit Wholesale Voice Services and other revenue. $LVLT continues to implement initiatives to reduce fixed and variable NAC.
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.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.