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$PKI's net cash provided in operating activities for 9 months ended Oct. 4, 2015 fell to $161.9MM from $185.7MM last year. Net cash used in investing activities rose to $35.7MM from 23.6MM in the previous year period, while net cash used in financing activities dropped to $92.4MM from $123.7MM a year ago.
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.