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$CINF 2Q15 Q&A: Josh Shanker from Deutsche Bank asks about Workers Compensation estimate of $40MM in reserve releases. Mike says I guess with a long tailed line as you would expect it takes not that much of a change in assumption with the payments that stretch out for so long to result in higher changes in the estimate.
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.