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FBN's Robert Gray with an afternoon market update, plus news that Sprint Nextel has ended its partnership with LightSquared.
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I'm Robert Gray with your Fox Business -- Wall Street continues to swing between gains and losses on the last trading day of the week.
The latest round of economic data not doing much to move the markets right now the Dow well it's essentially unchanged at the moment the same story for the S&P and the NASDAQ.
Still dynamic still on the rise despite a warning of a weaker than expected first quarter earnings.
The steel -- lowered its outlook due to a surprising drop in its margins tonight if the company -- client of the need to do it still represented 56%.
Drop.
For the same period a year ago.
And Sprint Nextel has pulled the plug on its partnership with lightsquared the mobile giant is hitting its -- fifteen year deal with the wireless start up.
Because of interference issues related to its network -- we'll get back 65 million bucks in prepayments.
That is the latest from the Fox Business Network giving you the power to prosper.
