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Clear Channel Announces $2.71B Dividend

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  • Description

    FBN's Robert Gray with an afternoon market update, plus news that Clear Channel stock is higher after announcing a $2.71 billion dividend.

  • Duration 0:53
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I'm Robert -- -- you're Fox Business -- the rally on Wall Street continues at this hour.

-- better than expected retail and auto sales.

Helping to lead markets higher.

But news that manufacturing activity.

Today slower than expected pace last month in the gains in check right now the Dow is up 57 points Green arrows across the board.

Investors are bullish ever clear channel outdoors today this after the company announced a special dividend worth two point seventeen billion bucks.

Shoulders and expected now at six dollars and eight cents a share.

-- flip side shares of Research in Motion are facing some major -- this after the -- speculated Blackberry maker.

They warn of a -- quarter prior to the official release of its quarterly report.

Firm also reiterated guns underperform rating.

That is the latest from the Fox Business Network giving you them.