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$WM 2Q15 PR: Waste Management reported total operating revenues of $3,315MM, down 6.9% vs. $3,561MM in 2Q14 and net income attributable to WM of $274MM vs. $210MM in 2Q14. There was $54MM increase in revenues from acquisitions and $33MM increase in traditional solid waste business. Avg. recycling commodity prices were approx. 13% lower vs. 2Q14.
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.