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David Mann of Johnson Rice asks how the back-to-school season started for $SSI. Chief Merchandising Officer Steven Lawrence said that the company has a lot of stores in Texas and it was happy with the results of the first weekend in August. He cautioned that the company still has to do a lot of business for back-to-school.
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.