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Seth Sigman of Credit Suisse asks for an update on the online business. $AZO said ecommerce is an important element and it will continue to invest in this platform, particularly on Autozone.com, because the company has many people visiting its site for information and believes this traffic will migrate to the stores resulting in purchases.
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.