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Ford Revs Up for Biggest Expansion in 50 Years

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    FBN’s Robert Gray with news that Ford is expanding by building a new plant in China, plus an afternoon market update.

  • Duration 0:58
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I'm Robert Gray with your Fox Business -- Ford is revving up its presence the world's largest auto market as part of its biggest expansion in five decades.

The company is building new plants in the eastern part of China -- to help boost its capacity in that nation.

Human Genome Sciences is skyrocketing and use it rejected a hostile takeover bid the unsolicited offer of two point six billion dollars.

Is from long time research partner GlaxoSmithKline.

-- Regina and says the offer does not reflect the inherent value of the company.

And shares of CDR energy on the rise as it enters a deal -- billionaire investor Carl Icahn.

Earlier this month the company's largest investor put in a tender offer of more than two billion bucks an efforts to get a majority of the shares.

-- the tender fails they offer will expire -- -- kind dropping the fight.

That is the latest from Fox Business continued up power to prosper.