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FBN’s Robert Gray with an afternoon market update, plus news that BP is selling off assets to pay off debt from the 2012 Gulf oil spill.
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I'm Robert Gray -- -- Fox Business brief.
BP is selling some of its deep water Gulf of Mexico oil and gas properties in Texas based Plains Exploration & Production.
Because prices there -- five and a half billion dollars BP is selling off assets to try and pay for damages from the 2010 gulf oil spill.
The deal is expected to close by the end of the year.
Eastman Kodak will cut an additional 1000 jobs by year's end as part of its restructuring plan.
The bankrupt company is already shed roughly 2700.
Positions from its workforce this year.
And Burma we'll get a taste of Coca-Cola for the first time in six decades and -- largest soft drink makers teaming up with a local company to open a bottling facility in Burma.
-- -- start production there as soon as possible.
And that is -- from the Fox Business Network giving you them power to prosper.
