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$TXRH said that other operating costs for 2Q16 were also lower by 13 BP as the benefit from average unit per volume growth, lower utility costs & lower general liability insurance were partially offset by higher guest proceeds. The company said that partially offsetting cost of sales & other operating cost decreases was a 42 BP increase in labor.
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.