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CVR Energy Hires Jefferies Group to Assist in Sale

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  • Description

    FBN’s Sandra Smith with an afternoon market update and news that CVR Energy has hired Jefferies Group to help with the company’s sale.

  • Duration 0:58
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I'm Sandra Smith -- Fox Business -- DVR energy is in search spread buyer of the company now controlled by billionaire investor Carl -- Has started the process by hiring Jefferies Group.

DVR is the 68 process begins immediately.

Icon is willing to consider any offer of at least 35 dollars a share for at the company.

Shares of Verifone systems trading lower ahead of the release of it's -- quarterly results out after the closing bell tonight.

The payment services company expected to post double digit growth in both profit and revenue analysts are looking for earnings of 61 cents a share.

And oil prices bouncing back slightly during today's session this after crude closed below the ninety dollar a barrel mark yesterday for the first time in three months.

Well -- been -- and easing concerns about supply disruption it closed at ninety dollars and 66 cents a barrel on the New York Mercantile Exchange.

Now we continue our countdown to the closing bell -- the -- -- -- -- at the New York.