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$VLO 2Q15 Call: Expects 3Q15 G&A expense, excluding corporate depreciation to be around $180MM and net interest expense to be about $110MM. Total D&A expense should be approx. $450MM and effective tax rate is expected to be around 33%. Expects 2015 rent expense to be between $350-450MM.
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?