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GPS technology developer $GRMN posted 4Q15 revenue of $781MM, decline of 3% YoverY. The Aviation, Fitness, Marine and Outdoor segments as a group rose 11% YoverY and contributed 66% of total revenues. Diversification of the revenue base is a direct result of the investments made in the business. GM was 52.9% and operating margin was 18.7%.
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.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?