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$SE 2Q15 Call: Distribution reported EBITDA of $98MM compared to $112MM in 2014. Decrease in QoverQ EBITDA was due almost entirely to decline in CAD value, which was down 13% this quarter compared to 2014. Western Canada recorded ongoing EBITDA $115MM compared with $111MM last year. Higher earnings at Empress offset the affects of the lower CAD.
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.