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$LUV's 2015 fuel and oil expense fell by $1.7Bil or 31.7% YoverY. On a per ASM basis, fuel and oil expense for 2015 fell 36.4% compared to last year. Excluding the impact of fuel hedge accounting, both the dollar and per ASM fall was due to lower jet fuel prices. $LUV's avg. economic jet fuel price per gallon fell 29.1% YoverY to $2.07 for 2015.
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.