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$XRX said it made continued progress on 3-year strategic transformation program to deliver $2.4Bil in total cost savings from ongoing and incremental productivity and cost reduction initiatives. $XRX is on track to realize about $700MM in annualized savings it targeted for 2016. Estimated restructuring charges continue to be about $300MM for 2016.
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?