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FBN’s Robert Gray on McGraw-Hill expecting bids for its education unit by the end of October.
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I'm Robert Gray with your Fox Business -- stocks fell as corporate profit outlooks in a Federal Reserve's latest assessment of the US economy.
Did little to -- growing concerns over the global economy red arrows across the board.
McGraw-Hill may soon have bids for its education unit Reuters reported private equity firms including Bain Capital and Apollo global management.
May be making their final plays for the unit by the end of this month.
McGraw-Hill may still decide not to sell it though it instead spin off the unit if the bids failed to meet its price target of more than three billion bucks.
And Wal-Mart CEO says it is not expected big drop off in GDP or consumer spending.
At its annual meeting today the company also announced plans to build 240 smaller neighborhood stores and it's expanding its e-commerce business.
But the same day delivery test program for the holidays the stock at a record high today that has -- us from the Fox Business Network.
