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$DCI expects 2017 operating margin of 13.3-13.9% and an effective income tax rate between 26.7% and 28.7%. During FY17, the company expects to repurchase 2-3% of its outstanding shares. Engine Products segment sales are expected to be between down 2% and up 2%, and Industrial Products segment sales are predicted to be between down 2% and up 2%.
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.