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Oil & gas exploration and production company $APA reported 3Q15 net loss of $5.7Bil or $14.95 per diluted common share. This includes an after-tax ceiling test write down of $3.7Bil resulting from current low commodity price levels and a $1.5Bil charge related to an increase in the valuation allowance on deferred tax assets.
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.