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$WMT is narrowing its full-year 2016 EPS guidance to $4.50-4.65, which includes a range of $1.40-1.55 for 4Q16. This updated guidance also includes ongoing headwinds from currency which is expected to impact EPS by $0.16 vs. $0.15 from 2Q16 guidance. Excluding impact of currency, $WMT expects 2016 sales growth to be around 3%.
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.