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$HCP has announced $1.3Bil of capital recycling and refinancing activities for 2016. This will be used to permanently fund the company's YTD acquisitions and reduce future debt maturities, including $740MM of expected proceeds from the anticipated RIDEA II JV transaction from selling 40% stake in the venture and financing with third-party debt.
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.