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Food products maker $CPB said 1Q16 sales decreased 2% to $2,203MM compared to a year earlier due to the adverse impact of currency headwinds. Organic sales remained flat compared to the prior year as higher selling prices and reduction in promotional spending were offset by volume declines.
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.