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$STX 4Q15 Call: In FY15, on a non-GAAP basis, GM was 28.1%, net income of $1.5Bil and diluted EPS of $4.57. STX shipped over 228 exabytes of storage, up 13% from FY14. Within this, Seagate’s Nearline cloud exabyte shipments increased more than 50%.
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.