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In 2Q16, $AXP made progress on key initiatives to accelerate growth including driving new card acquisitions across its global consumer and commercial portfolios, expanding merchant coverage and driving strong momentum across its lending growth initiatives. $AXP also made good progress on reduction of cost base by $1Bil.
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.