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$CINF, which competes with $AFG and $PGR, said that it ended 1Q16 with net unrealized gain of more than $2.3Bil before taxes, including over $1.9Bil for common stock portfolio. Bond portfolio interest income rose to slight declining average yields in part due to the 1Q16 net purchases. Bond portfolio's pre-tax average yield was 4.65% in 1Q16.
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.