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Sycamore Partners to Buy Talbots for $396M Including Debt

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    FBN's Tracy Byrnes breaks down afternoon market news.

  • Duration 0:58
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Fox Business Network.

-- Fox -- -- we'll prosecutors in the insider trading case against three shot group debt.

We'll finally called the CEO of Goldman Sachs testified.

-- -- -- reports from Lloyd Blankfein is among the remaining witnesses still to be called.

Gupta is accused of providing confidential information to -- -- hedge fund co-founder Raj Rajaratnam about Goldman Sachs and Procter & Gamble.

And shares of -- are soaring on news of a buyout deal sycamore partners is buying the woman's clothing retailer for 369.

Million dollars and includes the debt.

That deal is expected to close during the third quarter.

The latest quarterly report from the New York fed shows student loan debt continues to grow.

The amount of money Americans on student loans hockey 900 billion mark during the first few months of 2012.

And that's the latest from the Fox Business Network giving you the power to pass.