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BofA May Sell Wealth Management Unit
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FBN's Robert Gray breaks down afternoon market news.
- Duration 0:55
- Date Apr 17, 2012
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Transcript
This transcript is automatically generated
I'm Robert -- with your Fox Business -- Bank of America's Merrill Lynch's reportedly putting its foreign wealth management business up for sale.
Reuters is reporting -- Maryland disaster possible suitors to -- in the first round of bids this week the sale could fetch up to three billion dollars.
First Solar is cutting its global workforce by 30%.
The solar panel makers also shutting down for production lines around the world.
The company says this cuts will result in an annual savings of up to 140 million bucks.
And around a strong corporate earnings and easing fears in Europe are helping never shot a mixed reports on the US economy spread -- 2200 points Green -- across -- -- Treasury yields also -- -- are rising today traders had just mixed data on the US housing market benchmark ten year yield.
Well defend notes back above 2% that is the latest from the Fox Business Network giving you the power to prosper.
