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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
- Date Oct 22, 2012
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FBN's Sandra Smith breaks down mid-afternoon market news.
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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.
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