Fox Business
Expand
Browse All Video
Watch Live

You're watching...

News Corp. Shares Rise on Word of Possible Split

Details

  • Description

    FBN’s Nicole Petallides breaks down the day in the markets.

  • Duration 2:01
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

But here at the beginning of the hour let's go to to -- at least -- the New York Stock Exchange.

You call it really begin with -- housing numbers some good economic data smiled on the market today you know.

That's right before the bell it up pending home sales when you get those numbers and they are much better than expected for the month that -- -- he had good news out of Lennar.

And you put that together and that gave us good economic news coupled with good earnings all that's how that group has been.

Stagnant and now I -- that's good news on top of that new home sales up.

It really gave it to MySpace to -- not.

Speaking of nice boost and we've been looking of course -- News Corp.

the parent of this network hitting its highest level since October 2007.

Higher for the second day on news the company could split into two how closely are traders are watching that piece of news or will -- sort of be sell on the news vs.

Buy on the rumor.

On the contrary they watch so closely to the highest level since they launch the fox and yeah back in October but yeah that's what you see a big pop today.

And -- the stock but we'll see what happens tomorrow the board decides today and then they could actually restructures in his tomorrow.

Then we have schools tablet the big news at least for Google anyway this 200 dollar tablet.

Will be asking experts later on whether it's any challenge called apple because it's so much cheaper.

In price but it helped to stocks not only Google which was up but also Nvidia.

That's -- has a process -- that is used in this tablet it's up over 3%.

That's right and have I think.

We find out more and -- How much are they ordering supplies to find out how competitive they're really gonna be right now it's a concept right until we really I didn't tonight -- killer.

-- will say that bright outlook and getting -- and Google get a nice pop but clearly.

How all of the best in the carry out about 40% this year.

But let's not Google can take -- this is going to be about zinc prices the Amazon Kindle fire on a solid market today where it's a broad based rally.

Surprisingly.

Numbers.

I didn't like my.

Load More