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$NOV's revenue from Rig Systems for 2015 dropped by 29.3% from last year, due to lower land rig shipments and delayed delivery dates of certain offshore projects. Revenue from Rig Aftermarket fell by 21.9%, due to lower global drilling activity which has caused customers to repair better utilized rigs rather than purchase new.
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.