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Dallas, Texas-based company $TXN said 2Q16 revenue and EPS were solidly in the upper half of the company's expected range. Compared to a year ago, demand for products continued to be strong in the automotive market and grew in the industrial and communications equipment market. Demand in the personal electronics market was down from 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.
$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?