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FBN’s Ashley Webster with an afternoon market update, plus news that FedEx will offer voluntary buyouts to some of its U.S. employees.
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-- -- I'm actually went -- Fox Business -- General Motors has made a bid.
Allies financial international operations the auto makers submitting the offer last month to get allies operations in Canada Mexico Europe and Latin America.
It that is successful that division could double the size of GM's automotive lending unit.
FedEx announced that it will offer voluntary buyouts to some of -- eligible US employees the package delivery company says most of the -- as a -- FedEx Express and FedEx services FedEx finally says it's making the move in an effort to cut costs.
And shares of Cisco getting a boost today following mixed fourth quarter results the food products company reporting and adjusted profit of 55 cents per share.
That's a penny better than expected but revenue of eleven billion dollars.
Falling short of expectations that's very latest on the Fox Business Network giving -- this.
