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Nvidia Rallies After UBS Upgrade
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Description
FBN's Robert Gray breaks down late-morning business news.
- Duration 0:54
- Date Jun 11, 2012
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Transcript
This transcript is automatically generated
I'm Robert -- yeah.
-- -- -- -- Former Goldman Sachs director -- not who've -- will not testify in his own defense of his lawyers had just days ago that the former Wall Street exact would take the stand.
-- is accused of leaking corporate information can now in prison hedge fund manager Raj Rajaratnam.
Nvidia shares are climbing based our ratings upgrade UBS boosted the chipmakers rating to neutral citing -- -- growth potential in both the consumer.
And corporate arena is.
And California's tax structure is the source of its deficit problem that's according to ratings firm Standard and Poor's.
As -- he says the Golden State's structural deficit is going to more than eight billion dollars.
That's and he predicts Facebook's IPO may boost California's revenue by as much as two billion bucks.
And that is the latest from the Fox Business Network giving you the power to prosper.
