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WSJ: Chesapeake Energy Faces Undisclosed Costs

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    FBN's Lori Rothman breaks down late-morning market news.

  • Duration 0:56
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I'm -- Bachmann with your Fox Business -- consumer sentiment climbs up more than forty here hi.

-- the preliminary reading from university has been coming in better than expected to 77 point eight.

Highest reading since January of 2008.

Producer prices unexpectedly fell in April a sign inflation remains under control.

Prices fell two tenths of 1% due to falling energy costs it marks the first drop since December.

And Chesapeake Energy shares under pressure according to wall street journal company -- and one and a half billion dollars in undisclosed cost.

This is the payments are scheduled for this year under contracts known as.

Volume metric production payments and he -- he.

In company owner of an oil and gas property selling a percentage of their production in exchange for upfront cash payment.

That is the latest from the Fox Business Network giving you the power to prosper.