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For 2015, $FOSL expects revenue growth of about 18%, and operating expenses to be about 25% of revenue. The contingent consideration liability for 2015 is valued at the maximum annual variable price of EUR 3.5MM or about $3.9MM. A fall in future cash flows may result in lower estimated fair value of 2015 contingent consideration liability.
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.