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Avon Enters Talks to Settle Bribery Investigations
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FBN's Tracy Byrnes breaks down afternoon market news.
- Duration 0:52
- Date Aug 1, 2012
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FBN's Tracy Byrnes breaks down afternoon market news.
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Please bring him back from the street while all three Detroit automakers -- out of their July sales figures.
General Motors posting -- 6% drop from the same time last year.
Ford sales also dropped 4% from a year ago the F side -- posted its best July sales of five years and an increase of 13%.
Another strong gain in home building helped push construction spending up for the third straight month in June.
Spending rose four tenths of a percent -- was also revised higher marking the biggest one month increase since December.
An Avon shares are under pressure after posting is 7% drop in second quarter profit.
Coming also says chicken pox and the securities and exchange commission and the Justice Department to settle bribery investigations.
And that's the latest from the Fox Business Network giving you the power --