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FBN’s Robert Gray with an afternoon market update, plus news that the U.S. Postal Service believes package business will boost profits this holiday ...
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I'm Robert -- with your Fox Business -- it's been a seesaw day down on Wall Street after stocks had their worst two day slide in a year.
Right now the Dow dropping once again down sixteen points.
I NG US is moving closer to making its Wall Street debut the company expects to raise 100 million bucks in its initial public offering.
Morgan Stanley and Goldman Sachs have been named the lead underwriters to the IPO.
And the US Postal Service expects package deliveries during the holiday season to jump by 20% from last year thanks to online shopping.
The increase may temporarily help the agency make up for tumbling mail volumes.
They have contributed two billion dollar losses in recent years as more Americans communicate online.
The Postal Service expects Monday December 17.
Will be the busiest mailing day of the year that as the latest from the Fox Business Network giving you give -- power to prosper.
