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Existing Home Sales Rise to Two-Year High in April

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I'm -- sale with your Fox Business -- better than expected news on the US housing market is helping boost stocks.

Today existing home sales rose to a new two year high in April and right now the Dow is up about 36 points.

Blackstone is leaving the light on at motel six the private equity group is buying the travel budget hotel business from a core.

For one point nine billion dollars the deal is expected to close later this year.

And General Mills announced plans to eliminate 850.

Jobs worldwide.

The Minneapolis based -- company also expects 109 million dollars worth of restructuring costs.

Most of -- charges will be incurred during the fourth quarter with time remaining.

A with the remaining being reported next year's General Mills also reaffirmed its full year 2012 earnings outlook.

Of up to two dollars and 55 cents a share that's the latest from the Fox Business Network giving yeah.

-- -- This business for -- He's brought -- you -- FedEx solutions that.