You're watching...

Rajat Gupta Convicted of Conspiracy, 3 of 5 Fraud Charges

Details

  • Description

    FBN's Tracy Byrnes breaks down afternoon market news.

  • Duration 0:57
  • Date

Clips

Also in this playlist...

Fox Business Brief

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

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.