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Rajat Gupta Convicted of Conspiracy, 3 of 5 Fraud Charges
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FBN's Tracy Byrnes breaks down afternoon market news.
- Duration 0:57
- Date Jun 15, 2012
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FBN's Tracy Byrnes breaks down afternoon market news.
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I'm Tracy Byrnes of the Fox Business -- Well I think guilty verdict in the insider trading trial of former Goldman Sachs director -- sack of debt.
The jury convicted -- a conspiracy and three counts of securities fraud he was acquitted on two counts of securities fraud.
The -- made out unveil -- to a sentencing October 18.
-- accusations he leaked corporate information -- now imprisoned hedge fund manager Raj -- Rodham.
And shares -- IntercontinentalExchange.
Are on the rise despite being a bidding war for the London metals exchange.
Hong Kong and -- -- clearing is buying the world's largest metals marketplace for more than two billion dollars.
And consumer sentiment falls to a six month low.
June's preliminary reading from the University of Michigan on consumer sentiment came in short of estimates to 74 point one.
That's -- -- Fox Business Network giving you the power to prosper.