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Hartford Financial Exiting Annuity Business

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    FBN's Sandra Smith breaks down late-morning market news.

  • Duration 1:06
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-- -- I'm Sandra Smith and your Fox Business -- stocks are moving slightly lower at this hour as investors remain concerned about the outlook for the Chinese economy and the impact the sky high oil prices on businesses.

Dow Jones Industrial Average down 32 points while the NASDAQ is slightly positive.

Kraft -- says its new global snacks company will be named -- Dolly is international living was inspired by the suggestions of two separate craft employees Kraft is splitting.

Ended Q public companies before the end of -- -- while the North American impression that this.

We'll continue to carry the company name has Kraft Foods group shareholders will have to approve the name -- -- -- -- -- And Hartford Financial Services -- is getting out of the annuity business the company says it would focus on its property and casualty insurance.

Group benefits and mutual fund businesses.

And that is the latest from the Fox Business that we're giving you the power to -- Business -- brought to -- by AT&T nation's largest forging network AT&T everything possible.