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$TSCO expects to see the strongest regional performance for 3Q16 in the Southeast & West regions where there is less exposure to the energy and agriculture markets. The company continues to experience demand for most of its basic items supported by chain-wide quarter-to-date mid-single digit comparable store sales in the Livestock and Pet category.
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.