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FBN’s Adam Shapiro on Sony selling its 50% stake in LCD joint venture to Samsung for $940 million.
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-- -- -- -- Fox Business -- shares of Commercial Metals are under pressure after billionaire investor Carl Icahn sent another letter to shareholders.
He says no longer that he wants to remain a minority holder of the company but will abandon his -- -- his tender offer to buy Commercial Metals.
Is unsuccessful.
Companies urging shareholders reject -- fifteen dollars share price.
Sony shares are also trading lower on word it plans to sell its share and LCD TV joint venture with Samsung Electronics two cents on.
Sony will get 940 million dollars for its 50% stake in the joint venture the companies trying to reduce losses in its TV division.
Shares of MetLife for getting a boost on word that GE capital's buying the insurance company's retail deposits -- ideal GE will receive.
Seven and a half billion dollars in deposits and met life's online banking platform that's the latest from the Fox Business Network giving you the power prosper.
