You're watching...

Eaton to Buy Cooper Industries for $11.8B

Details

  • Description

    FBN’s Tracy Byrnes with an afternoon market update, plus news that Eaton will buy Cooper Industries for $11.8 billion.

  • Duration 0:58
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

I'm Tracy -- would -- Fox Business street.

We'll watch these shifts into rally mode today stocks recovering from their worst weekly decline this year spring -- a thousand about a 105 points.

Its shares of equipment supplier Cooper Industries are on the rise on news of a -- Industrial manufacture -- in is buying the company for eleven point eight billion dollars.

-- -- -- -- -- It is expected to close later this year.

And jury selection begins today in the federal insider trading case against -- -- who got.

The former board member for Goldman Sachs and Procter & Gamble is accused of leaking stock tips to drive drive a lot of the founder of hedge fund -- -- -- -- -- faces conspiracy and securities fraud charges that could result in more than 100 years in prison.

That's -- latest from the Fox Business Network giving -- the power to prosper.