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$NRG 2Q15 Q&A: Dan Eggers of Credit Suisse asked about $400MM of capital usage? Kirkland said we’ve, including the anticipated impact from drop-downs of Yield of over $250MM remaining for repurchase capacity. We’d look at that remaining $400MM as additional capital allocation either towards additional growth CapEx, or for share repurchases
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.