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Gregory Lewis of Credit Suisse asks about secured financing. $RIG said it is uniquely positioned to access the market for secured and unsecured financing. The company will be diligent and disciplined with regard to adding debt to its balance sheet. Secured financing is cost effective but in its absence, there are other options available for $RIG.
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.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.