Want to join the conversation?
$FIT said that GM in 1Q16 was 46.6%, consistent with guidance. Total headcount for the quarter rose to 1,306 from 578 in 1Q15. The company expects to continue to hire aggressively, as it enhances its existing products & services and expand internationally. $FIT also said it ended 1Q16 with $791.7MM of cash and short term investments and no 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.