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$YUM raised its full-year operating profit growth guidance to at least 15% from previous estimate of at least 14%. This guidance assumes China will remain part of $YUM through the end of 2016, despite expecting to spin-off China business on Oct. 31, 2016.
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.