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$WBA exercised its warrants and bought 22,696,912 shares of $ABC for about $1.19Bil. The transaction was funded using cash on hand. With this exercise of warrants, $WBA owns 56,854,867 shares of $ABC common stock, or 23.9% of $ABCâs outstanding equity.
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.