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$ADP 4Q15 Call: Diluted EPS grew 12% to $2.89 on a lower effective tax rate and fewer shares outstanding compare with a year ago. This growth included a negative impact of about $0.04 from the effects of foreign currency translation. Returned approx. $2.5Bil to shareholders during FY15 through dividends and share repurchases.
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.