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In 2Q16, $ORCL incurred restructuring expense of $95MM, primarily related to the restructuring plan initiated at 2Q15. The total estimated restructuring costs associated with this plan was $626MM. The total estimated remaining costs associated with the plan was $339MM as of Nov. 30, 2015, majority of which will be incurred through the end of FY16.
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.