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In Jan. 2016, $UA amended its credit agreement to increase revolving credit facility commitments from $800MM to $1.25Bil. Simultaneously, $UA borrowed $140MM under the revolving credit facility to repay in full the balance of a $150MM term loan borrowing. As of March 31, 2016, the company had $690MM outstanding under the revolving credit facility.
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.