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Selloff Continues After Weak Global Economic Data
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FBN’s Tracy Byrnes breaks down the stories moving the markets.
- Duration 0:51
- Date Apr 23, 2012
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FBN’s Tracy Byrnes breaks down the stories moving the markets.
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I'm Tracy burns and your Fox Business three for the sharp sell off on Wall Street continues expressed concerns over the European debt crisis -- on the market -- down.
Right now the -- down over -- 140 points.
Shares of Kellogg also under pressure after cutting its full year outlook the world's largest cereal company -- the lower forecasts is the result of weaker than expected first quarter.
-- also says it face more challenges than anticipated in both Europe and some categories here at home.
And Nestle's behind Pfizer's infant nutrition business for nearly twelve billion dollars.
The -- expected to help boost the Swiss food giant's business in emerging markets and extend its -- in the infant formula that market.
The deal which is subject to regulatory approval is set to close -- -- next year.
That's the latest from Fox Business Network giving you the power to prosper.