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Palo Alto Networks Raises IPO Price Range

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  • Description

    FBN's Cheryl Casone breaks down mid-afternoon market news.

  • Duration 0:56
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I'm Cheryl -- with your Fox Business -- the Wall Street rally continues on news that signs of a housing rebound are -- isn't better than expected earnings also -- the markets higher.

Right now take a look at the Dow up 93 points.

Investors also bullish ever Credit Suisse the Swiss bank -- taken steps to address raising concerns about its financial strength and plans to increase capital.

But more than fifteen and a half million dollars the Swiss National Bank says it welcomes the steps taken by the bank to strengthen its capital -- Welcome network's initial public offering is getting a boost ahead is expected Friday debut on the New York Stock Exchange.

Software security company raised the price range to 38 to forty dollars a share.

It will keep the size of the deal -- six point two million dollars typically shares excuse me typically when a company increase its IPO -- It signals a healthy investor interest and that deal especially it is in the Fox Business Network giving -- the power to prosper.

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