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Nike Close to Selling Cole Haan to Apax Partners

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    FBN’s Robert Gray with an afternoon market update.

  • Duration 0:56
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I'm Robert -- with your Fox Business -- Homeowners behind on their mortgages and who -- hit by hurricane sandy are getting some relief to housing and urban development agency is imposing a ninety day moratorium.

One home foreclosures.

In those areas.

-- chief said -- does he does not want families to be victimized twice.

Zillow shares meanwhile are plunging after hours on the company's disappointing full year revenue outlook.

The online real estate firms third quarter revenue had topped estimates and profit.

Was in line of expectations.

Nike is reportedly close to selling -- -- to private equity firm apex partners.

Reuters reports the deal may fetch roughly half a million bucks move comes as -- shifts its focus to its namesake brand as well as Jordan and converse and -- That is the latest from the Fox Business Network giving you the power to prosper.