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FBN’s Adam Shapiro with a market update, plus news that U.S. Treasury prices are slipping on improved European economic data.
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So in general.
I'm Adam Shapiro would -- Fox Business -- the bulls continue to charge on Wall Street following a round of better than expected earnings reports.
Right now the Dow is up 170 points Chesapeake Energy shareholders are suing their chief executive over potential conflicts of interest.
The latest week Reuters reported CEO Aubrey McClendon borrowed as much as one point one billion dollars.
Just speaks at the loans did not pose a conflict of interest and -- private transaction.
We claimed its loans were against his own stake in thousands of Chesapeake wells.
On the flip side shares -- Intuit are under pressure after revising their third quarter revenue outlook the maker.
-- Turbotax and quick books now expects revenue will be at or slightly below its previous guidance.
Moving forward into it did reaffirm its full year revenue and earnings forecast for 2012.
That's the latest from the Fox Business that we're giving you the --
