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Peregrine CEO Hearing Postponed
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Description
FBN's Tracy Byrnes breaks down afternoon market news.
- Duration 0:58
- Date Jul 18, 2012
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Transcript
This transcript is automatically generated
I'm Tracy -- -- facts business -- -- the Wall Street rally continues and new signs of the housing rebound.
Some better than expected earnings are also pushing markets higher right now the -- of about a hundred points.
Investors are also bullish over eBay.
The online market place bought credit card scanning company car dot I go for its fast during PayPal payments unit for an undisclosed amount.
And this comes ahead at eBay's second quarter results which are due after the closing bell.
And the initial proceedings in the fraud trial against peregrine financial CEO Russell -- north senior has been postponed until July 27.
Wasn't there was set to appear before a judge in Iowa today the rescheduling will allow wasn't our public -- time to prepare for the hearing.
Thousand -- president to stealing 100 million dollars in customer funds over two decades that the latest from the Fox Business Network giving you the power to prosper.
