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ConocoPhillips Selling Kazakhstan Stake for $5B

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I'm Tracy -- for their Fox Business -- for the bearish tone on Wall Street continues in afternoon trading.

Right now the Dow is down about 94 points.

President Obama has nominated -- -- Walters to replace Mary Schapiro as the head of the Securities and Exchange Commission.

When she stepped down next month -- -- led the SEC through a major overhaul in the wake of the financial crisis.

That very on Fox Business senior correspondent Charlie Gasparino first reported Shapiro's looming departure.

And ConocoPhillips is selling its eight point 4% stake in the north Caspian Sea production.

Agreement to ON GC the -- for roughly five billion dollars.

And oil giant says it already notified the co ventures as well as government authorities in Pakistan.

ON GDP that's the international arm of the oil and natural gas in India that's latest from the Fox Business Network -- use the power to prosper.