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As of Aug. 31, 2015, $ECL had net assets of approx. $100MM within its Venezuelan operations. During the first nine months of 2015, net sales within Venezuela represented approx. 2% of the company's consolidated net sales. Assets held in Venezuela at Aug. 31, 2015 represented about 1% of the consolidated assets.
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.