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$CSX said as per its market outlook, agricultural products will decline in 3Q16 as the strong dollar and low commodity prices pressure domestic and export shipments. Chemicals will be down due to declines in shale-related products. $CSX expects crude oil volumes to be moderately lower sequentially. Coal tonnage will be roughly stable sequentally.
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.