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As of Sept. 30, 2015, $RRC maintained a revolving credit facility with a borrowing base of $3Bil and aggregate lender commitments of $2Bil. Its outstanding balance under its credit facility was $987MM. It also had $136.8MM of undrawn letters of credit leaving $876.2MM of committed borrowing capacity available under the facility at the end of 3Q15.
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.
$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?