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$ENSG lifted its 2016 revenue guidance to range of $1.625-1.66Bil from previous forecast of $1.53-1.58Bil. The company also increased its 2016 EPS outlook to range of $1.45-1.52 from prior estimate of $1.43-1.50. $ENSG expects most of the increase in 2016 performance to occur in later part of the year.
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.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.