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Starbucks to Buy Teavana for $620M in Cash

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    FBN’s Robert Gray on Starbucks’ acquisition of Teavana.

  • Duration 0:52
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I'm Robert -- with your Fox Business free -- that was already a bearish tone on Wall Street that the markets look further into negative territory.

After the release of minutes from the latest Federal Reserve's policy -- meeting and president Obama's first press conference since his re election.

Right all three major averages down more than 1%.

On the flip side investors are bullish on T -- up on news of a buyout coffee chain giant Starbucks is -- the company for 620 million bucks in cash.

And moved to transform the tea industry on a global scale of the -- industry as a forty billion dollar global market.

To -- just made -- Wall Street debut in July of last year.

And hurricane sandy may cost the insurance industry as much as 25 billion dollars.

That's according to disaster modeling company risk management solutions.

That figure -- estimates from rival -- air worldwide and at -- --