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$CNP's Houston Electric's 1Q16 core operating income was $59MM vs. $68MM in 1Q15. The business benefited from higher rate relief and customer growth. The benefits were more than offset by higher depreciation due to increased rate base, higher O&M expenses, lower write away revenue and reductions in usage driven by weather.
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.