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David Lerner Associates Hit With $14M in Sanctions

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    FBN's Sandra Smith breaks down mid-afternoon market news.

  • Duration 1:04
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-- Good afternoon I'm Sandra Smith of your Fox Business free FedEx says it expects.

-- -- record volume for the holiday season thanks to.

Commerce the company says it expects to handle more than 280 million holiday shipments up 13% from a year out.

Shares of Freeport -- -- they're lower today after the company reported third quarter results that were down double digits from a year ago.

The mining companies profit fell 22% to 86 cents a share which topped analysts' estimates revenue of four point fourteen billion dollars which also be yes and it was.

Was down 15%.

Federal regulators have hit David -- associates is -- million dollars in sanctions for unfair practices over real estate investment trust.

And charging customers excessive markups on other investments the firm's founder and CEO David Lerner has been -- 250.

Thousand dollars and that is the latest from the Fox Business Network giving you the power to prosper.

His business reconstruction -- Monaco rare coins for the finest -- -- values in the world and more.