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$MAT said its strong holiday season led to reduced retail inventories on key brands. In 1Q16, the company saw strong currency growth in countries with more volatile currencies like Mexico and Russia compared to last year. $MAT expects this to balance out in 2H16, with higher season revenues.
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.