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Michael Dahl of Credit Suisse asks if the improvement in sales pace in communities was due to price or incentives driven by $KBH or if it was due to market improvement. CEO Jeffrey Mezger said the market has improved in many of the areas where the communities are located which has helped. $KBH also adopted product rotation which helped the pace.
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.
$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?