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For 2015, $DPS's income from operations surged $118MM to $1,298MM, mainly due to an increase in gross profit and decreases in D&A and SG&A expenses. This was partially offset by a non-cash charge of $7MM for the brand value impairment of Garden Cocktail. The effective tax rate for 2015 was 35.5%.
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.
$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?