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Betsy Johnson LLC Files for Chapter 11

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  • Description

    FBN’s Sandra Smith on Betsy Johnson LLC filing for chapter 11 bankruptcy protection.

  • Duration 0:54
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I'm Dennis Smith they're Fox Business a brief Wall Street rounding out -- week of strong quarterly earnings on a high note that this -- -- a weaker than expected report on first quarter GDP.

At the closing bell today the Dow was up 23 points.

Honda has a bullish outlook for 2012 the auto maker expecting its operating profits in nearly triple from last year on surging sales in Asia and a recovery in the US a big contrast to 2011 when a stronger yen and natural disasters to -- -- on the auto maker.

And fast fashion icon Betsey Johnson not doing cartwheels right now the designers namesake company Betsey Johnson LLC.

Filing for Chapter Eleven bankruptcy protection according to.

Publication women's Wear daily a move which will result in the closure of most of the clothing and accessory company 63 stores.

And that is the latest from the Fox Business that we're getting.

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