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$IPG said that among its largest national markets, the company had solid organic revenue increases in India, Australia and China. In 4Q15, organic increase in opex was 3.1% compared to 5.2% organic revenue growth. $IPG added that its M&A pipeline continues to be strong and is targeting $150-200MM annually for acquisitions.
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.