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Bankrate Shares Fall to Lifetime Low After Weak Quarterly Outlook

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  • Description

    FBN’s Robert Gray on Bankrate’s weak 3Q preliminary outlook.

  • Duration 0:54
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I'm Robert -- when -- Fox Business brief there was a bullish -- Wall Street today as stocks rebounded from last week's losses.

Green arrows across the board is the rally was sparked by better than expected retail sales.

In September plus Citigroup's earnings which -- testaments -- On the flip side shares of bank greater falling to a lifetime low -- after hours trading the company's third quarter preliminary outlook for -- earnings and revenue are well below estimates.

Favorite has only been a publicly traded company for sixteen months.

And BlackRock has reportedly slash -- and an effort to regain ground in the exchange traded fund industry that's according to the Wall Street Journal.

The company expects to lower fees -- ultimately cost as much as 45 million dollars annually.

But believes the growth potential will more than offset the losses.

That is the latest from Fox Business giving you the power to prosper.

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