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Post-Election Selloff Continues for Second Straight Day
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FBN’s Robert Gray breaks down the day in the markets.
- Duration 0:50
- Date Nov 8, 2012
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FBN’s Robert Gray breaks down the day in the markets.
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I'm Robert -- with your Fox Business -- the post election sell off on Wall Street continued for a second straight day.
As investors remained concerned over the looming fiscal -- Shares of online travel site kayak are flying hired after hours trading priceline.com agreed to by kayak for one point eight billion dollars in cash and stock.
-- to expand its old web based travel service.
Under terms of the deal kayaks management team will run operations independently as -- the Priceline group of companies.
The deals expected to close during the first quarter of next year.
And auction house Sotheby's reported a smaller third quarter loss -- a year ago the company lost 48 cents a share matching analysts' expectations.
Revenue was slightly higher than estimates -- 68 and a half million bucks.
-- as the latest from the Fox Business Network giving you the power to.