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Campbell Soup Buying Bolthouse Farms for $1.55B
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FBN's Robert Gray breaks down late-morning market news.
- Duration 0:54
- Date Jul 9, 2012
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FBN's Robert Gray breaks down late-morning market news.
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I'm Robert -- where you're Fox Business -- There's a sea of -- on Wall Street today stocks slipping into negative territory ahead of earnings season.
And unofficially kicks off after today's closing bell with a report from a load of heavyweight Alcoa.
Concerns over the European debt crisis taking -- -- well on the markets here in the states.
A ratings downgrade cutting shares of MasterCard and Visa UBS advised clients to sell both stock citing exposure to weaker global consumer spending.
UBS also lowered the price target and earnings outlook for -- credit card issuers.
And Campbell Soup is -- -- house farms from private equity firm Madison Dearborn partners.
The one point 55 billion dollars -- -- focuses on natural and healthy food products.
Campbell continue to operate that company as a separate business unit.
And that -- the latest from the Fox Business Network giving you that Howard.