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IT services provider $EMC posted 3Q15 earnings per share of $0.25, which was flat sequentially and decreased 10.7% from the prior year quarter. $EMC reported net income of $480MM, which decreased 18% from 3Q14. Its consolidated revenue was $6.08Bil, up 1% YoverY and it was up 5% on a constant currency basis YoverY.
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.