You're watching...

Magic Jack Rallies After Boosting Full-Year Forecast

Details

  • Description

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

  • Duration 0:58
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

-- So you can -- Fox Business free news from across the pond is this in the markets and the US European Central Bank keep quiet Rodney.

As outlined plans by the ECB is widely expected bond buying program.

Sadness that -- reports on the US labor market are also pushing stocks higher.

Shares -- magic Jack are on the rise activists say its full year guidance the company cites lower costs and robust sales of its new magic dart plus.

For the bullish forecast.

And the trustee -- -- failed brokerage peregrine financial group has outlined a plan to return -- to customers.

The trustee is seeking approval for a bankruptcy court to return about a 123 million dollars.

Through a series of distributions which could start by September 28.

Peregrine filed for bankruptcy back in July after regulators accused the firm of misappropriating more than 200 million dollars in customer funds.

Well that is the latest from the Fox Business Network giving -- the -- -- plus.